Exchange rate meaning in English

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Definition

an exchange rate: the difference in value when changing money from one currency to another noun
  • "The market has been driven by an exchange rate that has risen above two dollars to the pound for the first time since the early 1980s."
  • "Philip : What is the exact exchange rate?"
  • "The market has been driven by an exchange rate that has risen above two dollars to the British pound for the first time since the early 1980s."
  • "With that, and the current exchange rate, I could afford to buy the flat of my dreams outright."

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