El tipo de cambio
Example: El tipo de cambio afecta el precio de los productos importados.
Definition
"El tipo de cambio" refers to the rate at which one currency can be exchanged for another, determining the value of one country's money in terms of another's. It influences international trade, investment, and the price of imported goods.
Etymology
The phrase "el tipo de cambio" comes from Spanish, where "tipo" means rate or type, and "cambio" means change or exchange. Together, they describe the concept of currency exchange rates, essential in finance and global commerce.
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"El tipo de cambio" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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