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rate of exchangeenUK
rate of exchangen. pl. rates of exchange The ratio at which the unit of currency of one country is or may be exchanged for the unit of currency of another country.rate of exchange n (Banking & Finance) See exchange rate exchange′ rate` n. the ratio at which a unit of the currency of one country can be exchanged for that of another country. [1895–1900] ThesaurusNoun | 1. | rate of exchange - the charge for exchanging currency of one country for currency of anotherexchange ratecharge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5" | Translationsrate (reit) noun1. the number of occasions within a given period of time when something happens or is done. a high (monthly) accident rate in a factory. 率 率2. the number or amount of something (in relation to something else); a ratio. There was a failure rate of one pupil in ten in the exam. 比率 比率3. the speed with which something happens or is done. He works at a tremendous rate; the rate of increase/expansion. 速率 速度,速率 4. the level (of pay), cost etc (of or for something). What is the rate of pay for this job? 付款費率,費用 费用,价格 5. (usually in plural) a tax, especially, in United Kingdom, paid by house-owners etc to help with the running of their town etc. 英國房產稅 (英国)房地产税地方税 verb to estimate or be estimated, with regard to worth, merit, value etc. I don't rate this book very highly; He doesn't rate very highly as a dramatist in my estimation. 對…評價,獲得…的評價 对...评价,被评价 ˈrating noun1. (usually in plural) the position of importance, popularity etc (of a person, thing etc). This television programme has had some very bad ratings recently. 評比 等级2. an ordinary sailor, as opposed to an officer. 水手,船員 水手,船员 at this/that rate if this or if that is the case; if this or if that continues. He says that he isn't sure whether we'll be allowed to finish, but at that rate we might as well not start. 果真如此,這樣下去的話 这样的话/或那样的话 rate of exchange the relative values of the currencies of two or more countries. I want to change some dollars into francs – what is the rate of exchange? 匯率 兑换率rate of exchange → 兑换率zhCN EncyclopediaSeeexchange rateMedicalSeerateRate of exchangeenUK
RATE OF EXCHANGE. Among merchants, by rate of exchange is understood the price at which a bill drawn in one country upon another, may be sold in the former. rate of exchangeenUK
Rate of exchangeSee: Exchange RateExchange RateThe value of two currencies relative to each other. For example, on a given day, one may trade one U.S. dollar for a certain number of British pounds. A currency's exchange rates may be floating (that is, they may change from day to day) or they may be pegged to another currency. A floating exchange rate is dependent on the supply and demand of the involved currencies, as well as the amount of the currency held in foreign reserves. On the other hand, a government may peg its currency to a certain amount in another currency or currency basket. For example, the Qatari riyal has been worth 0.274725 dollars since 1980.
An advantage to a floating exchange rate is the fact that it tends to be more economically efficient. However, floating exchange rates tend to be more volatile, depending on the particular currency. Pegged exchange rates are generally more stable, but, since they are set by government fiat, they may take political rather than economic conditions into account. For example, some countries peg their exchange rates artificially low with respect to a major trading partner to make their exports to that partner artificially cheap. See also: Currency pair, Eurodollar.rate of exchange see EXCHANGE RATE.rate of exchange see EXCHANGE RATE.AcronymsSeeROErate of exchangeenUK
Synonyms for rate of exchangenoun the charge for exchanging currency of one country for currency of anotherSynonymsRelated Words |