rate of exchange

简明释义

汇价

英英释义

The rate at which one currency can be exchanged for another, usually determined by the foreign exchange market.

一种货币可以兑换成另一种货币的比率,通常由外汇市场决定。

例句

1.Before you convert your money, check the rate of exchange to ensure you get the best deal.

在兑换你的钱之前,检查一下汇率以确保你获得最好的交易。

2.The rate of exchange for US dollars to euros has improved recently.

美元对欧元的汇率最近有所改善。

3.The rate of exchange can fluctuate daily, so it's wise to monitor it regularly.

由于汇率可能每天波动,因此定期监控是明智的。

4.When planning your trip, consider the rate of exchange between your currency and the local currency.

在计划旅行时,请考虑你的货币与当地货币之间的汇率

5.The bank offers a favorable rate of exchange for travelers going to Europe.

这家银行为前往欧洲的旅行者提供了有利的汇率

作文

The concept of the rate of exchange is pivotal in the realm of economics and finance. It refers to the value at which one currency can be exchanged for another. This rate is not static; it fluctuates based on various factors, including economic indicators, interest rates, and geopolitical stability. Understanding the rate of exchange is essential for anyone engaged in international trade or travel, as it directly impacts the cost of goods and services across borders.For instance, when a traveler plans a trip to Europe from the United States, they must consider the rate of exchange between the US dollar and the euro. If the rate of exchange is favorable, the traveler will receive more euros for each dollar exchanged, making their trip more affordable. Conversely, an unfavorable rate of exchange can lead to higher expenses, affecting their overall budget.Businesses that operate internationally also need to monitor the rate of exchange. For example, a company exporting goods to another country must account for the rate of exchange when pricing their products. A sudden change in the rate of exchange can affect profit margins significantly. Therefore, many companies employ financial experts to analyze trends in currency values and develop strategies to mitigate risks associated with foreign exchange fluctuations.The rate of exchange is influenced by supply and demand dynamics in the foreign exchange market. When a country's economy is strong, its currency typically appreciates, leading to a higher rate of exchange. On the other hand, economic instability can lead to depreciation, resulting in a lower rate of exchange. This interplay makes the study of currencies and their rate of exchange a fascinating area of research for economists.Moreover, central banks play a crucial role in determining the rate of exchange. They may intervene in the currency markets to stabilize or influence their currency's value. For instance, if a central bank wants to boost exports, it might lower interest rates, thereby decreasing the rate of exchange and making its goods cheaper for foreign buyers. Conversely, if inflation is a concern, a central bank may raise interest rates to strengthen the currency and increase the rate of exchange.In conclusion, the rate of exchange is a fundamental concept that affects individuals, businesses, and economies worldwide. Whether you are a traveler, a business owner, or simply someone interested in global affairs, understanding the rate of exchange and its implications can provide valuable insights into the complex world of currency and trade. As globalization continues to shape our economy, being informed about the rate of exchange will remain increasingly important for making informed financial decisions and navigating the intricacies of international relations.

“汇率”这一概念在经济和金融领域中至关重要。它指的是一种货币可以兑换另一种货币的价值。这个汇率并不是静态的;它会根据各种因素波动,包括经济指标、利率和地缘政治稳定性。了解“汇率”对于任何参与国际贸易或旅行的人来说都是必不可少的,因为它直接影响跨境商品和服务的成本。例如,当一位旅客计划从美国前往欧洲时,他们必须考虑美元与欧元之间的“汇率”。如果“汇率”有利,旅客将为每兑换一美元获得更多的欧元,从而使他们的旅行更加实惠。相反,不利的“汇率”可能导致更高的开支,从而影响他们的整体预算。在国际上运营的企业也需要监测“汇率”。例如,一家向其他国家出口商品的公司在定价其产品时必须考虑“汇率”。“汇率”的突然变化可能会显著影响利润率。因此,许多公司聘请金融专家来分析货币价值的趋势,并制定策略以减轻与外汇波动相关的风险。“汇率”受外汇市场供求动态的影响。当一个国家的经济强劲时,其货币通常会升值,导致“汇率”上升。另一方面,经济不稳定可能导致贬值,从而降低“汇率”。这种相互作用使得货币及其“汇率”的研究成为经济学家们一个引人入胜的研究领域。此外,中央银行在决定“汇率”方面发挥着至关重要的作用。它们可能会干预货币市场,以稳定或影响其货币的价值。例如,如果中央银行希望促进出口,它可能会降低利率,从而降低“汇率”,使其商品对外国买家更便宜。相反,如果通货膨胀成为问题,中央银行可能会提高利率,以加强货币并提高“汇率”。总之,“汇率”是一个基本概念,影响着全球范围内的个人、企业和经济。无论你是旅客、企业主,还是仅仅对全球事务感兴趣的人,了解“汇率”及其影响都能为你提供有关货币和贸易复杂世界的宝贵见解。随着全球化继续塑造我们的经济,了解“汇率”将越来越重要,以便做出明智的财务决策并应对国际关系的复杂性。