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 Converting those Cuban pesos to other currencies poses yet another challenge, as there are several, highly fluctuating exchange rates in the island. Andrea Rodríguez, Quartz, 27 Apr. 2024 In a conversation with reporters, Japan Airlines CEO Mitsuko Tottori suggested that business leaders would be more comfortable with an exchange rate of around 130 yen to the U.S. dollar. Lionel Lim, Fortune Asia, 25 Apr. 2024 Sales at constant exchange rates jumped 17% to €3.8 billion ($4.1 billion) in the first quarter, Hermes International SCA said Thursday. Angelina Rascouet, Fortune Europe, 25 Apr. 2024 During his time as a UC Berkeley professor, Lyons specialized in the study of international finance and global exchange rates, according to the press release. Sierra Lopez, The Mercury News, 10 Apr. 2024 That has made the United States currency both indispensable and scarce, creating a murky black market in which the dollar’s value far outpaces the exchange rate artificially set by the government of about 31 pounds to the dollar. Nada Rashwan, New York Times, 5 Mar. 2024 While a bit exaggerated, this does explain a situation in which wages are being obliterated in real terms as the peso-dollar exchange rate remains contained. Agustino Fontevecchia, Forbes, 29 Mar. 2024 Revenue jumped 22% to 2.36 billion euros ($2.53 billion at the average exchange rate in 2023) while normalized earnings before interest, taxes, depreciation and amortization (EBITDA) grew 32% to 501.4 million euros ($542.7 million). Glenn Peoples, Billboard, 26 Mar. 2024 The exchange rate strongly affects other markets, including housing and rentals. Amir Vahdat, Quartz, 24 Mar. 2024

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 2 May. 2024.

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