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- DictionaryEx·change rate/ɪksˈtʃeɪndʒreɪt/
noun
- 1. the value of one currency for the purpose of conversion to another: "the exchange rate of the dollar against the Deutschmark"
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Nov 28, 2023 · Define Exchange Rate in Simple Terms. An exchange rate is a metric by which the value of one currency is compared to another. It can be thought of as a measure of how much of the second currency can be "bought" with an amount of the first currency.
May 25, 2024 · An exchange rate is the rate at which one currency can be exchanged for another currency. Most exchange rates are defined as floating. They'll rise or fall based on supply...
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro.
Apr 27, 2021 · What is an Exchange Rate? An exchange rate between two countries' currencies indicates the value of one currency relative to the other.
Jun 8, 2024 · exchange rate, the price of a country’s money in relation to another country’s money. An exchange rate is “fixed” when countries use gold or another agreed-upon standard, and each currency is worth a specific measure of the metal or other standard.
The exchange rate of a currency is how much of one currency can be bought for each unit of another currency. A currency appreciates if it takes more of another currency to buy it, and depreciates if it takes less of another currency to buy it.
May 16, 2024 · : the ratio at which the principal unit of two currencies may be traded. Examples of exchange rate in a Sentence. Recent Examples on the Web The capital control measures in place led to an exchange rate gap of 200%—a three-to-one relationship between the market exchange rate and the official one.
Jul 27, 2022 · Foreign exchange, also known as forex, is the conversion of one country's currency into another. The value of any particular currency is determined by market forces related to...
Mar 6, 2024 · A fixed, or pegged, exchange rate describes a regime where a currency’s value is tied to the currency of another country—typically a larger one with a more stable economy.
noun [ C ] uk us (also rate of exchange) Add to word list. ECONOMICS, FINANCE. the rate at which the currency of one country can be changed for the currency of another country: a fall/rise in the exchange rate The fall in the exchange rate triggered a rise in inflation.
