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Home > QFINANCE Dictionary > Definition of rate of exchange

Definition of

rate of exchange

Currency & Exchange

rate for converting one country's currency to another's the rate at which one country's currency can be exchanged for that of another country.

Related definitions of "rate of exchange"

Recommended Further Reading (Term count)
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    Exchange-traded funds, or ETFs, are a relatively new investment product, but they are very important for both institutional and retail investors. ETFs are hybrids of ordinary corporate stocks and open-ended mutual funds which invest in baskets of shares that closely replicate the performance and risk levels of specific broad sector and international indexes. As such, ETFs offer investors a considerable level of risk diversification with just a...

Definitions of ’rate of exchange’ and meaning of ’rate of exchange’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’rate of exchange’ and other financial terms with our online QFINANCE Financial Dictionary.

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