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"an exchange for" is a grammatically correct and commonly used phrase in written English.
It is typically used to convey the idea that one thing is being given or received in return for something else. Example: I traded my old phone for a brand new one as an exchange for helping my friend move into her new apartment.
Exact(60)
"The New York Stock Exchange is an exchange for securities; well, we're an exchange for domain names".
(He did say, however, that the promotion was not an exchange for silence).
Well, that is a nice kind of an exchange for once.
CreditTrade, which serves as an exchange for credit derivatives, just turned profitable, John said.
He wrote an essay advocating the creation of an exchange for sulfur-dioxide emissions.
EBay is "more of an exchange for liquidating, not trading," Mr. Mardak said.
She's also researching Mission Markets, an exchange for socially responsible businesses.
Since it's 2014, there would now be an exchange for you to buy health insurance.
Utah has had an exchange for small businesses for several years.
Why not an exchange for the trading of digital bits and bytes?
The Ravens announced that they would offer an exchange for his jerseys at stadium stores.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com