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

Grammatical Information
animacy status
abstract
Composition
Compound
countable
plural form
exchange rates
Examples
The exchange rate between the dollar and the euro fluctuated significantly this week.
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