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 Consider exchanging currency before your trip or using credit cards with low foreign transaction fees to avoid unfavorable exchange rates and fees. Ebony Flake, Essence, 16 May 2024 To get the best exchange rate, check your local branch to exchange foreign currency. Janelle Holland, Kansas City Star, 15 May 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 28 May. 2024.

More from Merriam-Webster on exchange rate

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