exchange rate

Show Summary Details

Quick Reference

The price at which one currency is traded (exchanged) with another. It is the price of the unit of one currency in terms on another (cf. American terms; base currency; cross-rate; European terms). See foreign exchange.


Subjects: Economics.

Reference entries

See all related reference entries in Oxford Index »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.