🇬🇧 Exchange rate meaning: English Vocabulary Flash Card
noun
An exchange rate is a number that tells you how much money from one country is worth in the money of another country. For example, it can tell you how many Japanese yen you get if you trade one US dollar, or how many euros you get for ten pounds. Exchange rates can change over time, so sometimes your money can buy more in another country, and sometimes it buys less. People use exchange rates when they travel, shop from other countries, or trade between countries.
According to the exchange rate, my shiny coin from one country turned into a crumpled bill from another, like a money magic trick gone wrong.
The exchange rate turned my pocket money into so many foreign coins that my pants nearly fell down from the weight.
Because of the exchange rate, our vacation budget could afford a small room, a smaller car, and the smallest ice cream cones ever invented.
The exchange rate turned my ten dollars into so many coins that I felt rich until I realized they were worth about three raisins.
With this exchange rate, my allowance in foreign money looked huge, until I learned it could only buy a single slice of cheese.
A boy has ten dollars. He wants a toy that costs ten euros. The man at the shop says, "See the exchange rate." He looks at the exchange rate on his phone. The exchange rate at first gives less euros, then a new exchange rate gives more. They watch the exchange rate. The boy smiles and buys the toy.
🧑🎓 CEFR Level: A2 Elementary
This word is at the A2 level, which means it’s useful for simple, everyday situations. You might use it when shopping, traveling, or talking about your hobbies. Words at this level help you build confidence in practical, routine conversations.
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