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exchange rate vs floating exchange rate

floating exchange rate vs exchange rate

exchange rate and floating exchange rate both are nouns.

Word NounAdjectiveVerbAdverb
exchange rate Yes No No No
floating exchange rate Yes No No No
As nouns, floating exchange rate is a hyponym of exchange rate; that is, floating 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
  • floating exchange rate: the exchange rate in which the value of the currency is determined by the free market.
Other hyponyms of exchange rate include fluctuating exchange rate, fixed exchange rate, pegged exchange rate.
exchange rate (noun) floating exchange rate (noun)
the charge for exchanging currency of one country for currency of another the exchange rate in which the value of the currency is determined by the free market.
Difference between exchange rate and floating exchange rate

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