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The phrase "average exchange rate" is correct and usable in written English.
It can be used when discussing the typical value at which one currency can be exchanged for another over a specific period.
Example: "The average exchange rate for the euro against the dollar has fluctuated significantly this year."
Alternatives: "mean exchange rate" or "typical exchange rate".
Exact(60)
It was about $920, not $4,200, based on the average exchange rate at the time, in August.
At the average exchange rate for that period, 60 billion rubles was equal to about $18 million.
The company locked in an average exchange rate of $1.26 last year, compared with an average spot rate of about $1.37.
Global Insight, a consultancy, estimates that Canada's growth this year would be a worthy 5% at an average exchange rate of 65 American cents.
Since the currency started 2010 strong and ended it stronger, a GDP of 3.675 trillion reais converted at the year's average exchange rate into $2.089 trillion.
Assuming an average exchange rate of $1.35 per euro, EADS said it expected earnings per share and revenue in 2011 to exceed the levels of last year.
As a result, the company said it expected revenue to remain stable, assuming an average exchange rate for the year of about $1.40 to the euro.
American investment banks including JPMorgan Chase pay bonuses to European bankers in dollars but offer an option at the start of the year to link the bonus to an average exchange rate.
Too few, and it will be unable to bring the unofficial exchange rate down, or improve the massive fiscal deficit (currently at least 15% of GDP) by depreciating the average exchange rate.
(In calculating an average exchange rate for the dollar, the currencies of each other nation is weighted according to the volume of trade of that nation with the United States).
Average exchange rate (peso-dollar ) for the whole period was 3.73 Arg.$/dollar.
More suggestions(18)
ordinary exchange rate
average interaction rate
intermediate exchange rate
average conversion rate
average market rate
general exchange rate
overall exchange rate
mean exchange rate
average switching rate
average exchange value
average tariff rate
average tax rate
average growth rate
average nightly rate
average survival rate
average recognition rate
average turnover rate
average room rate
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com