exchange rate
21
3.2
- noun
- /ɪkˈsʧeɪndʒ reɪt/
:
tipo de cambio
- The exchange rate is currently 800 won for one dollar.
- fixed exchange rate
- floating exchange rate
- real exchange rate
Clearly the adopters of Bitcoin have been driven by other considerations than just the exchange rate.
- Clearly the adopters of Bitcoin have been driven by other considerations than just the exchange rate.
- I'm, I'm, uh, it has to keep borrowing just to maintain the exchange rate of the British pound, the Federal Reserve said.
- This dramatically lowered the value of the pound sterling, so to stabilize the exchange rate, prices and wages had to be cut, often by almost half.
- Yes, I know to make this timely, we are seeing the US dollar weaken, but still for many of these countries, you're going to have a decently strong exchange rate.
- American exports were growing, the exchange rate had stabilized, and the threat now was that a ban on foreign credit might shut off the export LED boom.
- What happens to the current exchange rate appreciates?
- The third thing is the exchange rate fluctuation.
- It it has no concept of its own exchange rate.
- And the way that they treat them is that they don't really care about like, that's why that the exchange rate thing.
Examples
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Sir, as of yesterday's exchange rate, twenty-seven tons of gold bars would be $302 million.
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Have you checked the exchange rate lately?
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Do you know how much the exchange rate will go up?
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A lot of times the exchange rate is so much better for them.
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It's a better exchange rate.
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The exchange rate is at 800 won.
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All of this does not imply that exchange rates will remain stable.
Academic text (1990) -
The third thing is the exchange rate fluctuation.
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Their scramble for dollars to service their debt will drive the dollar exchange rate even higher.
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I've paid for this Uber on my Revolute Visa card and I've had no fees and I get the real exchange rate from Qatar to British pound.
Synonyms
1
3.8
The value at which one country's money can buy another country's money
Surface Forms
Morphology
The noun phrase is directly compositional: 'exchange' (changing money between currencies) combined with 'rate' (a price or ratio) yields the value or ratio at which currencies are exchanged. This formation is common cross-linguistically (e.g., French 'taux de change', Spanish 'tipo de cambio'), so a B1 learner who knows both words will readily infer the MWE meaning.
Etymology
The noun exchange rate comes from money exchange booths at markets where a sign showed the number that told people how much one country's money was worth in another. The word exchange means swapping money and rate is that number, so the phrase now means the 'value' used when you change one country's money into another's.