Definitions for exchange rate
ex·change rate

Princeton's WordNetRate this definition:0.0 / 0 votes

1. rate of exchange, exchange ratenoun

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

WiktionaryRate this definition:4.0 / 1 vote

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.

WikipediaRate this definition:0.0 / 0 votes

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).

ChatGPTRate this definition:0.0 / 0 votes

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.

WikidataRate this definition:0.0 / 0 votes

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

1. • Rate

How to pronounce exchange rate?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

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. Richmond President Jeffrey Lacker:

   I think our real economies are linked less than you would think from the extent to which our equity markets seem to have moved in parallel with movements in their exchange rate and their equity markets.

2. William Jackson:

   The key question is now whether the central bank will start intervening...Unlike the Swiss they have managed to have that ceiling without actually having to act to maintain it, the concern will be if the exchange rate does come under large pressure and if they accumulate large reserves they would be under pressure to remove the exchange rate ceiling, much like the Swiss had to do earlier in the year.

3. Finance Minister Dusan Vujovic:

   They cannot do anything about the exchange rate.

4. Yi Gang:

   Judging both from economic fundamentals and from market supply and demand, the RMB exchange rate is at an appropriate level.

5. Finance Minister Taro Aso:

   Current exchange-rate markets are showing extremely nervous movements. In order to prevent such moves from continuing, I'll closely watch currency market moves more than ever with a sense of urgency and will respond firmly when necessary.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=exchange rate
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Exchange_Rate
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Exchange_Rate
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=exchange rate