exchange rate
ex
ɛks
eks
change
ˈʧeɪnʤ
cheinj
rate
reɪt
reit
/ɛkstʃˈeɪndʒ ɹˈeɪt/

Definition & Meaning of "exchange rate"in English

Exchange rate
01

the value of a country's currency compared to another country's currency

Examples
The exchange rate between the dollar and the euro fluctuated significantly this week.
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