exchange rate

简明释义

汇率

英英释义

例句

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

当前的汇率是1美元兑6.5人民币。

2.You might want to wait for a better exchange rate before exchanging your dollars.

你可能想等到更好的汇率再兑换你的美元。

3.Many tourists look for the best exchange rate when converting their money.

许多游客在兑换货币时寻找最佳的汇率。

4.The bank offers a competitive exchange rate for currency exchange.

这家银行提供有竞争力的汇率进行货币兑换。

5.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。

作文

The concept of exchange rate refers to the value of one currency in relation to another. It plays a crucial role in international trade, finance, and economics. Understanding exchange rates is essential for businesses that operate globally, as well as for travelers who wish to convert their money into different currencies. The exchange rate can fluctuate due to various factors, including economic indicators, interest rates, inflation, and political stability. For instance, if a country experiences high inflation, its currency may depreciate, leading to a lower exchange rate against other currencies.In the context of international trade, the exchange rate affects the pricing of goods and services. If the local currency weakens, exports become cheaper for foreign buyers, potentially increasing demand. Conversely, imports become more expensive, which can lead to a decrease in the volume of imported goods. This dynamic can significantly impact a country's trade balance. For example, the United States has often experienced fluctuations in the exchange rate of the US dollar, which influences its trade relationships with other countries.Moreover, investors closely monitor exchange rates when making decisions about foreign investments. A favorable exchange rate can enhance returns on investments made in foreign markets. On the other hand, adverse movements in the exchange rate can erode profits. Therefore, many companies engage in hedging strategies to mitigate risks associated with currency fluctuations.Travelers also need to be aware of exchange rates when planning trips abroad. The amount of local currency received in exchange for one's home currency can vary significantly depending on the current exchange rate. It is advisable for travelers to check the latest rates before exchanging money to ensure they receive a fair deal. Additionally, credit cards may offer competitive exchange rates, but it is important to consider any foreign transaction fees that may apply.Central banks play a vital role in managing exchange rates through monetary policy. By adjusting interest rates and engaging in open market operations, central banks can influence the value of their currency. For example, if a central bank raises interest rates, it may attract foreign capital, leading to an appreciation of the currency and a stronger exchange rate.In conclusion, the exchange rate is a fundamental aspect of the global economy, impacting trade, investment, and travel. A thorough understanding of how exchange rates function can help individuals and businesses navigate the complexities of international finance. As the world becomes increasingly interconnected, staying informed about exchange rates will be essential for anyone looking to engage in cross-border transactions or investments.

“汇率”这一概念是指一种货币相对于另一种货币的价值。它在国际贸易、金融和经济中发挥着至关重要的作用。理解“汇率”对全球运营的企业以及希望将资金转换为不同货币的旅行者来说都是至关重要的。“汇率”可能因多种因素而波动，包括经济指标、利率、通货膨胀和政治稳定。例如，如果一个国家经历高通货膨胀，其货币可能会贬值，导致其相对于其他货币的“汇率”降低。在国际贸易的背景下，“汇率”影响商品和服务的定价。如果当地货币贬值，出口对外国买家变得更便宜，可能会增加需求。相反，进口变得更加昂贵，这可能导致进口商品的数量减少。这种动态可能会显著影响一个国家的贸易平衡。例如，美国的美元“汇率”经常波动，这影响了其与其他国家的贸易关系。此外，投资者在做出关于外国投资的决策时也密切关注“汇率”。有利的“汇率”可以增强在外国市场进行投资的回报。另一方面，“汇率”的不利变动可能会侵蚀利润。因此，许多公司采取对冲策略，以减轻与货币波动相关的风险。旅行者在计划国外旅行时也需要注意“汇率”。在兑换本国货币时所获得的当地货币金额可能因当前“汇率”的不同而显著变化。建议旅行者在兑换钱之前查看最新汇率，以确保他们获得公平的交易。此外，信用卡可能提供具有竞争力的“汇率”，但重要的是要考虑可能适用的任何外汇交易费用。中央银行通过货币政策在管理“汇率”方面发挥着重要作用。通过调整利率和进行公开市场操作，中央银行可以影响其货币的价值。例如，如果中央银行提高利率，可能会吸引外国资本，从而导致货币升值和“汇率”的增强。总之，“汇率”是全球经济的基本方面，影响贸易、投资和旅行。充分理解“汇率”的运作方式可以帮助个人和企业应对国际金融的复杂性。随着世界日益互联，了解“汇率”将对任何希望参与跨境交易或投资的人至关重要。