International currency exchange rate

Currency exchange rate definition

In finance, an exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies is the rate at which one currency will be exchanged for .

exchange rate n. A rate of exchange. exchange rate n (Economics, Accounting & Finance / Banking & Finance) the rate at which the currency unit of one country may be exchanged .

exchange rate. Price of one country's money in relation to another's. Exchange rates may be fixed or flexible. An exchange rate is fixed when two countries agree to maintain a .

noun . the ratio at which a unit of the currency of one country can be exchanged for that of another country. Euro to dollar conversion .

Currency Exchange Rate Widget, Currency Converter Widget, Forex Widget deutsche mark: Definition from Answers.com

noun . the ratio at which a unit of the currency of one country can be exchanged for that of another country. Exchange Rates Get Instant Currency Rates, Trends .

Source: senrenomelite's Space

Oxford University Press, USA Money in International Exchange: The Convertible Currency System
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