floating rate of exchange

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Definition of floating rate of exchange in English English dictionary

rate of exchange
A rate of exchange is the same as an exchange rate. four thousand dinars -- about four hundred dollars at the official rate of exchange. = exchange rate. The ratio at which the unit of currency of one country is or may be exchanged for the unit of currency of another country. the exchange rate
rate of exchange
The value of one country's currency in terms of another
rate of exchange
the charge for exchanging currency of one country for currency of another
rate of exchange
See: Exchange Rate
rate of exchange
relational value of different coins in the world
floating rate of exchange

    Hyphenation

    float·ing rate of ex·change

    Turkish pronunciation

    flōtîng reyt ıv îksçeync

    Pronunciation

    /ˈflōtəɴɢ ˈrāt əv əksˈʧānʤ/ /ˈfloʊtɪŋ ˈreɪt əv ɪksˈʧeɪnʤ/
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