tipo de cambio
exchange rate
'Tipo de cambio' refers to the 'exchange rate' in English. This term is commonly used in economics and finance. It essentially pertains to the value of one currency for the purpose of conversion to another. For instance, if you want to exchange your dollars for euros, you need to know the 'tipo de cambio' between these two currencies which determines how many euros you can get for your dollars.
Example sentences using: tipo de cambio
El banco establece diariamente el tipo de cambio.
The bank sets the exchange rate daily.
In this sentence, 'tipo de cambio' refers to the exchange rate that is determined by the bank every day. It's often used in contexts related to economics and finance.
El tipo de cambio es muy fluctuante en estos días.
The exchange rate is very fluctuating these days.
Here, 'tipo de cambio' is used to describe the instability of the exchange rate in the current days. It implies the rate at which one currency can be exchanged for another is rapidly changing.
Estoy estudiando el impacto del tipo de cambio en la economía global.
I'm studying the impact of the exchange rate on the global economy.
In this context, 'tipo de cambio' refers to the matter of study which is its effect on the worldwide economy. It indicates that the person is exploring how changes in the exchange rate can have a global economic impact.