Definition Exchange rate

English vocabulary and translations (See all our English vocabulary translation)

Want to improve your English? Try our online English lessons for free.

Definition

an exchange rate: the difference in value when changing money from one currency to another
noun

Examples

  • "With that, and the current exchange rate, I could afford to buy the flat of my dreams outright."
  • "The market has been driven by an exchange rate that has risen above two dollars to the pound for the first time since the early 1980s."
  • "Philip : What is the exact exchange rate?"
  • "The market has been driven by an exchange rate that has risen above two dollars to the British pound for the first time since the early 1980s."

Still having difficulties with 'Exchange rate'? Want to improve your English? Try our online English lessons and receive a free level assessment.


Do you have smart way of remembering 'Exchange rate'? Share it with us!