exchange rate

简明释义

汇兑换算表

英英释义

The exchange rate is the value of one currency expressed in terms of another currency.

汇率是指一种货币以另一种货币表示的价值。

It determines how much of one currency you need to spend to purchase a unit of another currency.

它决定了你需要花费多少单位的一种货币来购买另一种货币的单位。

例句

1.The bank offers a better exchange rate than the airport.

这家银行提供的汇率比机场的要好。

2.Before traveling abroad, it's important to check the exchange rate.

在出国旅行之前,检查一下汇率是很重要的。

3.During times of economic uncertainty, the exchange rate can fluctuate significantly.

在经济不确定时期,汇率可能会显著波动。

4.You may lose money if you exchange currency at a poor exchange rate.

如果你在差的汇率下兑换货币,可能会亏钱。

5.The current exchange rate is 1 USD to 6.5 CNY.

当前的汇率是1美元对6.5人民币。

作文

Understanding the concept of exchange rate is essential in today's globalized economy. The term exchange rate refers to the value of one currency in relation to another. For instance, if you are traveling from the United States to Europe, you will need to convert your US dollars into euros. The amount of euros you receive for your dollars depends on the current exchange rate. This rate fluctuates based on various factors including economic indicators, interest rates, and geopolitical stability.The exchange rate can be classified into two main types: fixed and floating. A fixed exchange rate is set by a country's government or central bank and does not change frequently. This type of rate provides stability for international trade as businesses can predict costs more accurately. On the other hand, a floating exchange rate is determined by market forces, meaning it can change constantly based on supply and demand. This can lead to volatility, which may impact international business transactions.One of the most significant implications of exchange rate fluctuations is their effect on international trade. If a country's currency strengthens against others, its exports may become more expensive for foreign buyers, potentially leading to a decrease in sales abroad. Conversely, if a currency weakens, exports may become cheaper and more competitive in the global market. These dynamics are crucial for businesses that operate internationally, as they must continuously monitor exchange rate movements to make informed decisions.Moreover, the exchange rate also affects foreign investments. Investors often look for favorable exchange rates when deciding where to invest their money. A strong currency can attract foreign investment, while a weak currency might deter it. Additionally, fluctuations in the exchange rate can impact the returns on investments made in foreign currencies. For example, if an American investor buys stocks in a European company and the euro weakens against the dollar, the investor may face losses when converting profits back to US dollars.In conclusion, the exchange rate plays a vital role in the global economy, influencing trade, investment, and economic stability. Understanding how exchange rates work and the factors that influence them is crucial for individuals and businesses alike. As globalization continues to shape our world, being informed about exchange rates will enable us to navigate the complexities of international finance more effectively. Whether you are traveling, investing, or simply trying to understand the economy better, having a grasp of exchange rates is indispensable for making sound financial decisions.

理解汇率的概念在当今全球化经济中至关重要。术语汇率指的是一种货币相对于另一种货币的价值。例如,如果你从美国旅行到欧洲,你需要将美元兑换成欧元。你所获得的欧元数量取决于当前的汇率。这个汇率会根据各种因素波动,包括经济指标、利率和地缘政治稳定性。汇率可以分为两种主要类型:固定汇率和浮动汇率。固定汇率由一个国家的政府或中央银行设定,通常不会频繁变化。这种类型的汇率为国际贸易提供了稳定性,因为企业可以更准确地预测成本。另一方面,浮动汇率是由市场力量决定的,这意味着它会根据供需关系不断变化。这可能导致波动,从而影响国际商业交易。汇率波动的一个重要影响是对国际贸易的影响。如果一个国家的货币对其他货币升值,它的出口可能会变得对外国买家来说更加昂贵,可能导致海外销售的减少。相反,如果货币贬值,出口可能会变得更便宜,并在全球市场上更具竞争力。这些动态对那些在国际上运营的企业至关重要,因为他们必须不断监测汇率的变化,以做出明智的决策。此外,汇率还影响外国投资。投资者通常在决定将资金投资于何处时,会寻找有利的汇率。强势货币可以吸引外国投资,而弱势货币可能会阻止它。此外,汇率的波动也会影响以外币进行的投资的回报。例如,如果一位美国投资者购买了一家欧洲公司的股票,而欧元兑美元贬值,那么在将利润转换回美元时,投资者可能会面临损失。总之,汇率在全球经济中发挥着至关重要的作用,影响着贸易、投资和经济稳定。了解汇率的运作方式及其影响因素对个人和企业都至关重要。随着全球化继续塑造我们的世界,了解汇率将使我们能够更有效地应对国际金融的复杂性。无论你是旅行、投资,还是只是想更好地理解经济,掌握汇率都是做出明智财务决策的必要条件。