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rate of exchange vs pegged exchange rate

pegged exchange rate vs rate of exchange

rate of exchange and pegged exchange rate both are nouns.

Word NounAdjectiveVerbAdverb
rate of exchange Yes No No No
pegged exchange rate Yes No No No
As nouns, pegged exchange rate is a hyponym of rate of exchange; that is, pegged 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
  • 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 rate of exchange include floating exchange rate, fluctuating exchange rate, fixed exchange rate.
rate of exchange (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 rate of exchange and pegged exchange rate

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