transfer vs exchange

transfer and exchange both are nouns.

Word	Noun	Adjective	Verb	Adverb
transfer	Yes	No	Yes	No
exchange	Yes	No	Yes	No

As verbs, exchange is a hyponym of transfer; that is, exchange is a word with a more specific, narrower meaning than transfer:

As verbs, exchange is a hyponym of transfer; that is, exchange is a word with a more specific, narrower meaning than transfer:

Other hyponyms of transfer include second.

transfer (noun)	exchange (noun)
the act of moving something from one location to another	reciprocal transfer of equivalent sums of money (especially the currencies of different countries)
transferring ownership	the act of putting one thing or person in the place of another:
the act of transferring something from one form to another	the act of changing one thing for another thing
application of a skill learned in one situation to a different but similar situation	the act of giving something in return for something received
a ticket that allows a passenger to change conveyances	(chess) the capture by both players (usually on consecutive moves) of pieces of equal value
someone who transfers or is transferred from one position to another	(chess) gaining (or losing) a rook in return for a knight or bishop
	(sports) an unbroken sequence of several successive strokes
	a workplace for buying and selling; open only to members
	a workplace that serves as a telecommunications facility where lines from telephones can be connected together to permit communication
	a mutual expression of views (especially an unpleasant one)
	chemical process in which one atom or ion or group changes places with another

transfer (verb)	exchange (verb)
transfer from one place or period to another	exchange or replace with another, usually of the same kind or category
send from one person or place to another	change over, change around, as to a new order or sequence
move around	exchange a penalty for a less severe one
shift the position or location of, as for business, legal, educational, or military purposes	give to, and receive from, one another
change from one vehicle or transportation line to another	put in the place of another; switch seemingly equivalent items
lift and reset in another soil or situation	hand over one and receive another, approximately equivalent
cause to change ownership
move from one place to another
transfer somebody to a different position or location of work