Concept information
Preferred term
exchange rate
Definition
- The rate at which the currency of one nation can be exchanged for the currencies of other nations. In mathematical form, it is the ratio of the value of the domestic currency to the value of a foreign currency or currencies. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Exchange Rate]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/exchange_rate
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}