exchange rates

Money conversion figures

Exchange rates are the prices at which one currency can be converted into another: The exchange rate between dollars and euros fluctuates daily.

They determine how much foreign money you get when traveling or trading internationally.

Rates may be fixed by governments or float according to market forces.

A favorable exchange rate means your money buys more abroad; an unfavorable one means it buys less.

Opposites
price variability

exchange ratesfixed prices

Unchanging predetermined charges

price controls · price ceilings · price floors

currency regime

exchange ratesgold standard

Measure of ultimate quality

dollarization · Bretton Woods system · monetary union · single currency

economic measurement scope

exchange ratesinflation rate

Speed of rising costs

purchasing power · cost of living · consumer price index

Family

rate, exchange, rates, rated, exchanged, exchanges, exchanging, exchangeable, rater

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Rated G