What is the definition of Rate of exchange? | Dictionary.net

RATE OF EXCHANGE

\ɹˈe͡ɪt ɒv ɛkst͡ʃˈe͡ɪnd͡ʒ], \ɹˈe‍ɪt ɒv ɛkst‍ʃˈe‍ɪnd‍ʒ], \ɹ_ˈeɪ_t ɒ_v ɛ_k_s_tʃ_ˈeɪ_n_dʒ]\

Definitions of RATE OF EXCHANGE

2006 - WordNet 3.0
2011 - English Dictionary Database
1910 - Black's Law Dictionary (2nd edition)

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

2006 - WordNet 3.0
By Princeton University

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

2011 - English Dictionary Database
By DataStellar Co., Ltd

The rate of exchange is the monetary value of a determined amount of foreign currency on any given day.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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