Devisenkurs

exchange rate

noun deh-VEE-zen-koors Rare

Origin: from French 'devise' (foreign currency)

Also means

foreign exchange rate

Usage Note

Devisenkurs is the rate at which one currency is exchanged for another in the interbank or retail market. Fluctuations affect exporters and importers significantly. Cf. Wechselkurs, which is more general.

Examples

"Der Devisenkurs zwischen Euro und Dollar schwankt täglich."

Natural Translation

The exchange rate between euro and dollar fluctuates daily.

Literal Translation

The foreign-exchange-rate between euro and dollar fluctuates daily.

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