currencyrate
nounUK /ˈkʌrənsi reɪt/
US /ˈkɜːrənsi reɪt/
The price of one country's money when you trade it for another country's money.
The currency rate changed, so our trip to Japan cost more than we planned.
RELATED WORDS
OTHER MEANINGS
2. The value of one currency expressed in terms of another at a given time.
Banks display the currency rate on a screen in the lobby.
3. The ratio used to convert an amount from one currency into another.
Use today's currency rate to convert the bill into euros.
4. A quoted price at which currencies can be bought or sold in the market.
Traders watch the currency rate closely during economic news.