Yahoo India Web Search

Sign In

Search results

  1. Dictionary
    exchange rate
    /ɪksˈtʃeɪndʒ reɪt/

    noun

    • 1. the value of one currency for the purpose of conversion to another: "the exchange rate of the dollar against the Deutschmark"

    Powered by Oxford Dictionaries

  2. www.investopedia.com › terms › eExchange Rates: What They Are, How They Work, and Why They...

    Jun 28, 2024 · An exchange rate is the value of a nation's currency when it is traded for another currency. The relative strength or weakness of a nation's currency has a strong impact...

  3. www.financestrategists.com › wealth-management › exchange-rateExchange Rate | Definition, Purpose, Factors, Types, Risks

    Nov 28, 2023 · What Does Exchange Rate Mean in Finance? The purpose of an exchange rate is to figure out the buying power of a currency as compared to another currency. Not all currencies have the same buying power per unit, so knowing the exchange rate helps determine the "value" of an amount of money.

  4. en.wikipedia.org › wiki › Exchange_rateExchange rate - Wikipedia

    In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. [1] . 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.

  5. byjus.com › commerce › foreign-exchange-rateForeign Exchange Rate: Definition, Types, Advantages - BYJU'S

    Foreign Exchange Rate is defined as the price of the domestic currency with respect to another currency. The purpose of foreign exchange is to compare one currency with another for showing their relative values.

  6. investinganswers.com › dictionary › eExchange Rate Definition & Example | InvestingAnswers

    Apr 27, 2021 · What is an Exchange Rate? An exchange rate between two countries' currencies indicates the value of one currency relative to the other. Exchange Rate Example. Let's say the current exchange rate between the dollar and the euro is 1.23 $/€. This means that to obtain one euro, you would need 1.23 dollars.

  7. www.investing.com › academy › currenciesExchange Rate Definition - Investing.com

    Mar 6, 2024 · An exchange rate is the relative value of one country’s currency versus another. According to the most recent BIS Triennial Central Bank Survey on foreign exchange and over-the-counter...

  8. www.khanacademy.org › exchange-rates › aLesson Summary: Exchange rates (article) | Khan Academy

    The exchange rate of a currency is how much of one currency can be bought for each unit of another currency. A currency appreciates if it takes more of another currency to buy it, and depreciates if it takes less of another currency to buy it.

  9. www.britannica.com › money › exchange-rateExchange rate | Foreign Exchange, Currency Fluctuations, Exchange...

    Jun 6, 2024 · exchange rate, the price of a country’s money in relation to another country’s money. An exchange rate is “fixed” when countries use gold or another agreed-upon standard, and each currency is worth a specific measure of the metal or other standard.

  10. www.investopedia.com › ask › answersWhat Is Foreign Exchange? Factors That Affect The Value and Rates

    Jul 27, 2022 · Foreign exchange, also known as forex, is the conversion of one country's currency into another. The value of any particular currency is determined by market forces related to...

  11. dictionary.cambridge.org › dictionary › englishEXCHANGE RATE | English meaning - Cambridge Dictionary

    EXCHANGE RATE definition: 1. the rate at which the money of one country can be changed for the money of another country 2…. Learn more.