The conversion rate between international currencies. For example, between USDand CDN this would be the cost to purchase 1 USD in CDN. Foreign exchange rate or exchange rate are other terms that can be used to describe this.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser