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Discover Ludwig"exchange by" is correct and usable in written English.
It can be used to indicate that two things are being traded or replaced with each other. Example: "I would like to exchange my old phone for a new one by paying the price difference."
Exact(59)
PLAYWRIGHTS THEATER OF NEW JERSEY "Foreign Exchange" by Peter Hayes.
The announcement created the biggest European exchange by far.
Seguin was then clipped in the exchange by Eminger's stick.
Every state will have an exchange by Jan . 1 , 2014
"I was brought down to the exchange by guys from Inwood," Marty recalled.
Effective cultural exchange, by contrast, depends on engaging others in dialogue.
33 Thomas Street is a 550ft skyscraper operated as a telephone exchange by AT&T.
Wallace concluded the exchange by mouthing, "Sh-sh-sh-shut up," to Harper, exaggerating a stutter.
On the state's new Obamacare-compliant health care exchange, by contrast, nothing is that cheap.
The MSE was recently named a recognised stock exchange by Britain's tax authorities.
The Hong Kong exchange is the world's biggest exchange by market capitalization.
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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