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Moderateexchange rate
The correct spelling is exchange rate.
How to pronounce exchange rate
noun
Say it like: Exc-han-je -rat-e
The correct spelling is exchange rate. 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
Usage Examples
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Definition
noun
- 1.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.The rate at which one currency can be exchanged for another, usually expressed as the value of the one in terms of the other.
Similar words
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