rate of exchange

1. 1.

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

   Synonymsexchange rate

   Broaderrate

Questions about rate of exchange

What does rate of exchange mean?

rate of exchange means "the charge for exchanging currency of one country for currency of another".

What is another word for rate of exchange?

Close synonyms include exchange rate. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is rate of exchange a common word?

rate of exchange is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.