What does eXchange Rate mean?

Definitions for eXchange Rate
ex·change rate

This dictionary definitions page includes all the possible meanings, example usage and translations of the word eXchange Rate.

Princeton's WordNet

  1. rate of exchange, exchange ratenoun

    the charge for exchanging currency of one country for currency of another

Wiktionary

  1. exchange ratenoun

    The amount of one currency that a person or institution defines as equivalent to another when either buying or selling it at any particular moment

  2. exchange ratenoun

    The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other.

Wikipedia

  1. Exchange rate

    In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 129 Japanese yen to the United States dollar means that ¥129 will be exchanged for US$1 or that US$1 will be exchanged for ¥129. In this case it is said that the price of a dollar in relation to yen is ¥129, or equivalently that the price of a yen in relation to dollars is $1/129. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the economic literature on the optimal national exchange rate (unlike on the subject of trade where free trade is considered optimal). Rather, national exchange rate regimes reflect political considerations.In floating exchange rate regimes, exchange rates are determined in the foreign exchange market, which is open to a wide range of different types of buyers and sellers, and where currency trading is continuous: 24 hours a day except weekends (i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday). The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency. The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the rate at which they will sell that currency. The quoted rates will incorporate an allowance for a dealer's margin (or profit) in trading, or else the margin may be recovered in the form of a commission or in some other way. Different rates may also be quoted for cash, a documentary transaction or for electronic transfers. The higher rate on documentary transactions has been justified as compensating for the additional time and cost of clearing the document. On the other hand, cash is available for resale immediately, but incurs security, storage, and transportation costs, and the cost of tying up capital in a stock of banknotes (bills).

ChatGPT

  1. exchange rate

    An exchange rate is the value of one country's currency in relation to another currency. It determines how much of one currency can be exchanged for another and is usually influenced by factors such as inflation, interest rates, political stability and economic performance. It's used in international trade and foreign investments, serving as a key indicator of a country's economic health.

Wikidata

  1. Exchange rate

    In finance, an exchange rate between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency. For example, an interbank exchange rate of 91 Japanese yen to the United States dollar means that ¥91 will be exchanged for each US$1 or that US$1 will be exchanged for each ¥91. Exchange rates are determined in the foreign exchange market, which is open to a wide range of different types of buyers and sellers where currency trading is continuous: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, a different buying rate and selling rate will be quoted by money dealers. Most trades are to or from the local currency. The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the rate at which they will sell the currency. The quoted rates will incorporate an allowance for a dealer's margin in trading, or else the margin may be recovered in the form of a "commission" or in some other way. Different rates may also be quoted for cash, a documentary form or electronically. The higher rate on documentary transactions is due to the additional time and cost of clearing the document, while the cash is available for resale immediately. Some dealers on the other hand prefer documentary transactions because of the security concerns with cash.

Matched Categories

How to pronounce eXchange Rate?

How to say eXchange Rate in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of eXchange Rate in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of eXchange Rate in Pythagorean Numerology is: 3

Examples of eXchange Rate in a Sentence

  1. Latin America largest airline:

    The company has mitigated its exchange rate losses through a continual reduction of its exposure to the Brazilian real on TAM's balance sheet.

  2. Chief Executive Claudio Bergamo:

    We need to see where the exchange rate stabilizes, we need to wait a bit, but over the course of the second quarter we'll have better visibility. Then we'll decide on the next price increase starting in July.

  3. Christine Lagarde:

    Beyond dollar appreciation, there is also the potential for increased exchange rate volatility, this volatility could be induced not only by the divergence in monetary policies in major advanced economies, but also by uncertainty about their overall prospects and policy action.

  4. Fed Governor Lael Brainard:

    The feedback loop through exchange rate and financial market channels appears to be elevated, several factors suggest that the appropriate path to return monetary policy to a neutral stance could turn out to be quite shallow.

  5. Kelly Cutchin:

    We're going to see an increase of British sellers over the next couple of months, if they sell right now they're going to make huge returns because the exchange rate is going to be better for them than it has been for 31 years.


Translations for eXchange Rate

From our Multilingual Translation Dictionary

Get even more translations for eXchange Rate »

Translation

Find a translation for the eXchange Rate definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"eXchange Rate." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/eXchange+Rate>.

Discuss these eXchange Rate definitions with the community:

0 Comments

    Are we missing a good definition for eXchange Rate? Don't keep it to yourself...

    Image or illustration of

    eXchange Rate

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    placing private property in the custody of an officer of the law
    A defilement
    B scalawag
    C impounding
    D hypostatization

    Nearby & related entries:

    Alternative searches for eXchange Rate: