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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
It is expected to sell for between 5 million and 8 million Hong Kong dollars, or about $637,700 and $1 million based on current exchange rates. — Rachel Cormack, Robb Report, 23 Oct. 2026 Local demand supported a 5 percent gain in Japan to 424 million euros at constant exchange rates, but at current exchange sales were down 6 percent. — Luisa Zargani, Footwear News, 22 Oct. 2026 Cooler temperatures, a favorable exchange rate, and legendary hospitality make Canada one of the best-value trips right now. — Terry Ward, Travel + Leisure, 17 Oct. 2026 There’s also the exchange rate to consider, along with any foreign transaction fees charged by your bank. — Kaitlyn Gomez, Miami Herald, 16 Oct. 2026 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

Rhymes for exchange rate

See All Rhymes for exchange rate

Browse Nearby Words

exchanger
exchange rate
exchange student
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Cite this Entry

“Exchange rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exchange%20rate. Accessed 27 Oct. 2026.

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More from Merriam-Webster on exchange rate

Britannica.com: Encyclopedia article about exchange rate

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