Der Wechselkurs
Example: Der Wechselkurs beeinflusst den Preis von importierten Waren stark.
Definition
"Der Wechselkurs" refers to the rate at which one currency can be exchanged for another, significantly affecting the price of imported goods and international trade. It determines how much of one currency is needed to purchase a unit of another currency.
Etymology
The German word "der Wechselkurs" combines "Wechsel," meaning exchange or change, and "Kurs," meaning rate or price. This term originated from the financial practice of exchanging currencies, with "Wechsel" historically referring to bills of exchange used in trade.
Learn to use this word actively
"Der Wechselkurs" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select German as the language you want to learn.
Create a free account
