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Exchange rate   /ɪkstʃˈeɪndʒ reɪt/   Listen
Exchange rate

noun
1.
The charge for exchanging currency of one country for currency of another.  Synonym: rate of exchange.





WordNet 3.0 © 2010 Princeton University


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"Exchange rate" Quotes from Famous Books



... does not recognize the four so-called independent homelands of Bophuthatswana, Ciskei, Transkei, and Venda in South Africa. Exchange rate: The value of a nation's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or ...
— The 1993 CIA World Factbook • United States. Central Intelligence Agency.


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