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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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 So the club looked for offers and Paz ended up at Como in Serie A, joining for €6million ($6m; £5m at current exchange rates) with a right of first refusal for Madrid to re-sign him and buy-back clauses in place until 2027. Guillermo Rai, The Athletic, 24 Jan. 2025 The only downside is that the new two-door is expected to arrive wearing a price tag of around 10 million yen or just undercutting $70,000 at current exchange rates. Peter Lyon, Forbes, 22 Jan. 2025 Horror for Gallant is getting locked inside other people’s codes of meaning, their arbitrary exchange rates. Laurence Scott, New York Times, 18 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 2 Feb. 2025.

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