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rate of exchange vs floating exchange rate

floating exchange rate vs rate of exchange

rate of exchange and floating exchange rate both are nouns.

Word NounAdjectiveVerbAdverb
rate of exchange Yes No No No
floating exchange rate Yes No No No
As nouns, floating exchange rate is a hyponym of rate of exchange; that is, floating 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
  • floating exchange rate: the exchange rate in which the value of the currency is determined by the free market.
Other hyponyms of rate of exchange include fluctuating exchange rate, fixed exchange rate, pegged exchange rate.
rate of exchange (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 rate of exchange and floating exchange rate

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