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RATE OF EXCHANGE
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Dictionary entry overview: What does rate of exchange mean?
• RATE OF EXCHANGE (noun)
The noun RATE OF EXCHANGE has 1 sense:
1. the charge for exchanging currency of one country for currency of another
Familiarity information: RATE OF EXCHANGE used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The charge for exchanging currency of one country for currency of another
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
exchange rate; rate of exchange
Hypernyms ("rate of exchange" is a kind of...):
charge per unit; rate (amount of a charge or payment relative to some basis)
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