Exchange Rate

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exchange rate
trade rate, barter rate, ratio of the value of one currency in relation to the value of another


Wikipedia English The Free EncyclopediaDownload this dictionary
Exchange rate
In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of 123 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that JPY 123 is worth the same as USD 1. The foreign exchange market is one of the largest markets in the world. By some estimates, about 2 trillion USD worth of currency changes hands every day.
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WordNet 2.0 DictionaryDownload this dictionary
exchange rate
Noun
1. the charge for exchanging currency of one country for currency of another
(synonym) rate of exchange
(hypernym) rate, charge per unit


Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Exchange rate
The price of one country's currency expressed in another country's currency.
Free English-Vietnamese DictionaryDownload this dictionary
Exchange rate

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