About us
Blog
Contact

Exchange Rate

The value of one currency for the purpose of conversion to another.

An exchange rate is the value of one country's currency versus the currency of another country or economic zone. In the context of cryptocurrencies, the exchange rate would refer to the value of a particular cryptocurrency in relation to other cryptocurrencies or to traditional fiat currencies.

Example:

The exchange rate between Bitcoin and US dollar on a specific date.

Category:

Trading and Markets
Related Articles
No items found.