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exchange rate vs fixed exchange rate

fixed exchange rate vs exchange rate

exchange rate and fixed exchange rate both are nouns.

Word NounAdjectiveVerbAdverb
exchange rate Yes No No No
fixed exchange rate Yes No No No
As nouns, fixed exchange rate is a hyponym of exchange rate; that is, fixed exchange rate is a word with a more specific, narrower meaning than exchange rate:
  • exchange rate: the charge for exchanging currency of one country for currency of another
  • fixed exchange rate: an exchange rate for a currency where the government has decided to link the value to some valuable commodity like gold; a fixed exchange rate does not change according to market conditions.
Other hyponyms of exchange rate include floating exchange rate, fluctuating exchange rate, pegged exchange rate.
exchange rate (noun) fixed exchange rate (noun)
the charge for exchanging currency of one country for currency of another an exchange rate for a currency where the government has decided to link the value to some valuable commodity like gold; a fixed exchange rate does not change according to market conditions.
Difference between exchange rate and fixed exchange rate

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