exchange rate

noun

: 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 Revenue in the third quarter of 2024 were flat at constant exchange rates, impacted by consumer confidence, the company said. Sofia Celeste, WWD, 29 Oct. 2024 Through the first three quarters of 2024, Gucci is down over 20% from $7.9 billion (€7.3 billion) last year to $6.2 billion (€5.7 billion) at current exchange rates. Pamela N. Danziger, Forbes, 28 Oct. 2024 At current exchange rates, that is equal to a vehicle priced at a little more than $21,000. Sean Conlon, CNBC, 21 Oct. 2024 As for the actual strength of the yuan, its value relative to the dollar has seesawed in the past few years, despite the PBOC’s efforts to keep a stable exchange rate. Chan Ka Sing, Reuters, 26 Sep. 2024 See all Example Sentences for exchange rate 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'exchange rate.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1855, in the meaning defined above

Time Traveler
The first known use of exchange rate was in 1855

Dictionary Entries Near exchange rate

Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 5 Nov. 2024.

More from Merriam-Webster on exchange rate

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!