rate of exchange vs fixed exchange rate
fixed exchange rate vs rate of exchangerate of exchange and fixed exchange rate both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| rate of exchange | Yes | No | No | No |
| fixed exchange rate | Yes | No | No | No |
As nouns,
fixed exchange rate is a hyponym of
rate of exchange; that is, fixed exchange rate is a
word with a more specific, narrower meaning than
rate of exchange:
- rate of exchange: 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 rate of exchange include
floating exchange rate, fluctuating exchange rate, pegged exchange rate.
| rate of exchange (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. |
Words related to "rate of exchange"
Words related to "fixed exchange rate"
© WordCmp.com 2024,
CC-BY 4.0 / CC-BY-SA 3.0.