rate of exchange

简明释义

外汇汇率

英英释义

The rate at which one currency can be exchanged for another, often determined by market forces.

一种货币可以与另一种货币交换的比率,通常由市场力量决定。

例句

1.The bank offers a favorable rate of exchange for travelers going to Europe.

银行为前往欧洲的旅行者提供了有利的汇率

2.Investors need to be aware of the rate of exchange when trading foreign currencies.

投资者在交易外币时需要注意汇率

3.The rate of exchange between the dollar and euro fluctuates daily.

美元和欧元之间的汇率每天都在波动。

4.The rate of exchange can significantly affect international business transactions.

对于国际商业交易,汇率可能会产生重大影响。

5.Before you convert your money, check the rate of exchange to get the best deal.

在兑换货币之前,检查一下汇率以获取最佳交易。

作文

The concept of the rate of exchange is fundamental in understanding how currencies interact in the global economy. It refers to the value of one currency in relation to another, which determines how much of one currency you need to spend to purchase a unit of another currency. For instance, if the rate of exchange between the US dollar and the euro is 1.2, it means that 1 US dollar can be exchanged for 1.2 euros. This dynamic plays a critical role in international trade, investment, and tourism, influencing everything from the price of imported goods to the profitability of foreign investments.In international trade, the rate of exchange can significantly affect a country's exports and imports. A favorable rate of exchange, where a country’s currency is strong compared to others, can make its exports more expensive for foreign buyers. Conversely, a weaker currency can boost exports as they become cheaper for other countries. This interplay can impact a nation's economy, affecting employment rates and overall economic growth.Moreover, the rate of exchange is also crucial for investors looking to invest in foreign markets. When investing abroad, the potential returns must be evaluated not just in terms of the local currency but also considering the rate of exchange. If an investor buys stocks in a foreign country, any profit earned will be subject to fluctuations in the rate of exchange. For example, if an American investor buys shares in a European company and the euro weakens against the dollar, the investor may find that their returns are diminished when converted back to dollars, despite the stock's performance.Tourists also feel the impact of the rate of exchange. When traveling, individuals often need to exchange their home currency for the local currency of their destination. The rate of exchange at which they can do this affects how much they can spend during their trip. A favorable rate of exchange can mean more spending power, while an unfavorable rate can limit their budget.Factors influencing the rate of exchange include economic indicators such as inflation rates, interest rates, and political stability. Countries with low inflation rates tend to see an appreciation in the value of their currency, while those with high inflation typically experience depreciation. Interest rates also play a significant role; higher interest rates offer lenders a higher return relative to other countries, attracting foreign capital and causing the currency to appreciate.In conclusion, the rate of exchange is a vital component of the financial landscape that affects various aspects of economic activity. Understanding how it works allows individuals, businesses, and governments to make informed decisions regarding trade, investment, and travel. As globalization continues to connect economies, the importance of monitoring and analyzing the rate of exchange will only grow, emphasizing its role as a barometer of economic health and international relations.

汇率的概念在理解货币在全球经济中如何互动时至关重要。它指的是一种货币相对于另一种货币的价值,这决定了你需要花费多少才能购买另一种货币的单位。例如,如果美元与欧元的汇率为1.2,这意味着1美元可以兑换1.2欧元。这种动态在国际贸易、投资和旅游中发挥着关键作用,影响从进口商品的价格到外国投资的盈利能力等方方面面。在国际贸易中,汇率可以显著影响一个国家的出口和进口。一个国家的货币相对于其他货币强势的有利汇率,可能会使其出口对外国买家变得更加昂贵。相反,较弱的货币可以促进出口,因为它们对其他国家变得更便宜。这种相互作用可以影响国家的经济,影响就业率和整体经济增长。此外,汇率对于希望在外国市场投资的投资者也至关重要。在国外投资时,潜在的回报不仅必须以当地货币进行评估,还要考虑汇率。例如,如果一位美国投资者购买了一家欧洲公司的股票,而欧元相对于美元贬值,尽管股票表现良好,但当转换回美元时,投资者可能发现他们的回报减少。旅游者也感受到汇率的影响。当旅行时,个人通常需要将其本国货币兑换为目的地的当地货币。能够进行这种兑换的汇率影响他们在旅行期间的消费能力。有利的汇率意味着更多的消费能力,而不利的汇率可能会限制他们的预算。影响汇率的因素包括通货膨胀率、利率和政治稳定性等经济指标。通货膨胀率低的国家往往会看到其货币升值,而通货膨胀率高的国家通常会经历贬值。利率也起着重要作用;较高的利率为贷款人提供相对于其他国家更高的回报,吸引外资并导致货币升值。总之,汇率是金融格局中的一个重要组成部分,影响经济活动的各个方面。理解其运作方式使个人、企业和政府能够就贸易、投资和旅行做出明智的决策。随着全球化继续连接经济,监测和分析汇率的重要性只会增加,强调其作为经济健康和国际关系晴雨表的角色。