What is another word for exchange rate?

Pronunciation: [ɛkst͡ʃˈe͡ɪnd͡ʒ ɹˈe͡ɪt] (IPA)

Exchange rate is a term that refers to the value of one currency in comparison to another. There are various synonyms for exchange rate that can be used interchangeably. For instance, it may also be referred to as currency rate, FX rate, foreign exchange rate, conversion rate, or forex rate. These synonyms are often utilized in the context of international finance and trade to describe the value of one country's currency in terms of another, which is essential for businesses in importing and exporting goods and services. In conclusion, understanding the synonyms for exchange rate is crucial for effective communication in global finance and trade.

Synonyms for Exchange rate:

What are the hypernyms for Exchange rate?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    foreign exchange rate, currency rate, money rate, Monetary rate, exchange rate system.

What are the hyponyms for Exchange rate?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Exchange rate

  • Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
    Martin Feldstein
  • In fact, the recent increase in intra-firm trading enables businesses to shift their activities across borders smoothly, thereby strengthening the response of economic activity to exchange rate movements in the long run.
    Toshihiko Fukui
  • We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system.
    Rodrigo Rato
  • We are now preparing for the reform of the yuan's exchange rate system. For such reforms to take place, we need good economic conditions... and we need to do it under tight control.
    Wu Yi

Related words: currency exchange, currency rate, best currency exchange, currency exchange rates, currency rates, forex trading, online currency exchange

Related questions:

  • What is the best currency exchange?
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