English version

exchange rate in Currencies topic

From Longman Dictionary of Contemporary Englishexchange rateexˈchange rate noun [countable]  PECthe value of the money of one country compared to the money of another country a more favourable exchange rate
Examples from the Corpus
exchange rateExchange rate: The exchange rate in early December was quite favorable.The comparison of the effective exchange rate and actual rates clearly demonstrates the value and necessity for a weighted exchange rate.The official exchange rate, was henceforth to be adjusted weekly in line with the prevailing market rate.A comparison of this approach with simple exchange rate conversions changed the rankings.