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exchange rate vs pegged exchange rate

pegged exchange rate vs exchange rate

exchange rate and pegged exchange rate both are nouns.

Word NounAdjectiveVerbAdverb
exchange rate Yes No No No
pegged exchange rate Yes No No No
As nouns, pegged exchange rate is a hyponym of exchange rate; that is, pegged 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
  • pegged exchange rate: a range of exchange rates for a currency where the government has decided to link the value to another currency or a basket of currencies; visited and adjusted regularly.
Other hyponyms of exchange rate include floating exchange rate, fluctuating exchange rate, fixed exchange rate.
exchange rate (noun) pegged exchange rate (noun)
the charge for exchanging currency of one country for currency of another a range of exchange rates for a currency where the government has decided to link the value to another currency or a basket of currencies; visited and adjusted regularly.
Difference between exchange rate and pegged exchange rate

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