the rate at which the money of one country can be changed for the money of another country
The euro exchange rate is strengthening.
The exchange rate between the two currencies fluctuated throughout the week due to market conditions.
Travelers should be aware of the current exchange rate to get the best value when converting their money.
International businesses closely monitor exchange rates as they can impact the cost of importing and exporting goods.
The finance minister announced adjustments to the exchange rate policy to stabilize the country's economy.