Exchange

Exchange is defined as the action and effect of exchanging. It is the price of securities traded in a financial market and is mainly used to refer to the reciprocal value of the currencies of different countries.

The change in the value of one currency with respect to another. The exchange rate fluctuates according to supply and demand and greatly influences imports, exports, tourism and other very important aspects of international trade.

Related terms
Demand | Exports | Imports | Currency | Supply | Price