Definition

1. Noun:
   • Foreign exchange: The system or process of converting one national currency into another, or the trading of global currencies. This is the core financial meaning.
   • Exchange rate: Often used in the compound term "tỉ giá hối đoái" to refer specifically to the rate at which one currency can be exchanged for another.

Usage Examples

• Noun:
  • Thị trường hối đoái hôm nay biến động mạnh. (The foreign exchange market is highly volatile today.)
  • Anh ấy làm việc trong lĩnh vực hối đoái. (He works in the field of foreign exchange.)
  • Tỉ giá hối đoái giữa USD và EUR đã thay đổi. (The exchange rate between the USD and the EUR has changed.)

Advanced Usage

• "Sở giao dịch hối đoái" or "Sở hối đoái": Foreign exchange bureau or office. This refers to a physical location or institution where currency exchange transactions are conducted.
  • Tôi cần đến sở hối đoái để đổi tiền. (I need to go to the foreign exchange office to change money.)

Variants and Related Words

• Tỉ giá hối đoái (n): Exchange rate. The specific price of one currency expressed in terms of another.

  • Bạn đã kiểm tra tỉ giá hối đoái chưa? (Have you checked the exchange rate?)

• Giao dịch hối đoái (n): Foreign exchange transaction.

  • Giao dịch hối đoái quốc tế rất phức tạp. (International foreign exchange transactions are very complex.)

• Thị trường hối đoái (n): Foreign exchange market (Forex).

  • Thị trường hối đoái mở cửa 24 giờ. (The foreign exchange market is open 24 hours.)

Synonyms

• Currency exchange: The act of swapping one currency for another.
• Forex: An abbreviation for "foreign exchange," commonly used for the decentralized global market for currency trading.
• Conversion rate: Another term for exchange rate.

Related Terms (Contextual)

• Ngoại tệ: Foreign currency. This is the physical money or monetary unit involved in .
• Trao đổi ngoại tệ: Foreign currency exchange. A descriptive phrase for the activity.

noun

1. exchange
   • sở hối đoái
     Foreign exchange office