exchangerate
nounUK /ɪksˈtʃeɪndʒ reɪt/
US /ɪksˈtʃeɪndʒ reɪt/
The exchange rate is the price for trading one country's money for another country's money.
The exchange rate between the dollar and the euro went up today.
RELATED WORDS
OTHER MEANINGS
2. The value of one currency expressed in terms of another.
Travelers check the exchange rate before changing their money.
3. A rate at which one thing is swapped for another.
The exchange rate for points to prizes is printed on the card.
4. The ratio used when converting units or values.
The exchange rate between miles and kilometers is about 1.6.