Wechselkurs

exchange rate

noun VEK-sel-koors Rare

Origin: from Wechsel 'exchange' + Kurs 'rate'

Usage Note

Wechselkurs is the rate at which one currency is exchanged for another. The plural is Wechselkurse. You will see der Wechselkurs des Euro zum Dollar (the euro-to-dollar rate). A fester (fixed) versus flexibler (floating) Wechselkurs is a standard economics distinction.

Examples

"Der Wechselkurs zwischen Euro und Dollar schwankt täglich."

Natural Translation

The exchange rate between euro and dollar fluctuates daily.

Literal Translation

The exchange-rate between euro and dollar fluctuates daily.

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