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 filing also highlights the company's ongoing efforts to manage foreign currency risk and its use of forward foreign currency exchange contracts to mitigate exchange rate fluctuations. Quartz Intelligence Newsroom, Quartz, 6 Feb. 2025 Novo Nordisk, however, forecast slower sales growth for 2025 of between 16% to 24% at constant exchange rates, below the 18% to 26% forecast for 2024. Karen Gilchrist, CNBC, 5 Feb. 2025 The sleek sports car starts at €865,000, which works out to just shy of $900,000 at current exchange rates. Bryan Hood, Robb Report, 4 Feb. 2025 Revenue for the full year came in at 6.74 billion Swiss francs, or $7.43 billion, down 12.2 percent against 2023’s figures at current exchange rates. Lily Templeton, WWD, 30 Jan. 2025 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 18 Feb. 2025.

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