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
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The company continues to focus on its strategic objectives and risk management, acknowledging the impact of macroeconomic conditions and foreign currency exchange rates on its operations. Quartz Bot, Quartz, 8 Nov. 2024 Italian luxury brand Ferrari reported third-quarter financial results Tuesday that disclosed revenue of €1.64 billion ($1.79 billion based on exchange rates), a 7% increase over the prior year. Kurt Badenhausen, Sportico.com, 5 Nov. 2024 Other: The segment had a loss in the quarter produced primarily by foreign currency exchange rate gains generated from bonds issued by Berkshire Hathaway and denominated in British Pounds, euros, and Japanese Yen. Bill Stone, Forbes, 2 Nov. 2024 These outlook risks highlight that the timing of the next BOJ rate hike could depend heavily on developments overseas, as well as the exchange rate and its impact on the Japanese economy, Otani added. Lin Lin, CNBC, 1 Nov. 2024 See all Example Sentences for exchange rate 

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 21 Nov. 2024.

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