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exchange rate
/ɛkstʃˈeɪndʒ ɹˈeɪt/
/ɛkstʃˈeɪndʒ ɹˈeɪt/
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.
When traveling abroad, it 's important to check the exchange rate to understand how much local currency you will get for your money.
