collocation · neutral

currency exchange

/ˈkʌrənsi ɪksˈtʃeɪndʒ/CUR·ren·cy EX·CHANGE

Band 4-5speaking

the process or place where one currency is exchanged for another

Examples

I went to a currency exchange at the airport to get local cash.

Currency exchange rates can change daily.

Banks usually offer more reliable currency exchange than street vendors.

Band 8 sentence

I always compare rates online before using a currency exchange to avoid poor conversions at the airport.

Collocations

  • currency exchange office
  • best exchange rate
  • exchange money

Word family

currency (n) nounexchange (v) verbexchange rate (n) noun

Common mistakes

I changed my money at a currency-exchangeI exchanged money at a currency exchange

Where can I exchange currency at?Where can I exchange currency?

There are many exchange shopThere are many exchange shops

Say it for a higher band

5exchange money6money exchange7+currency exchange

Synonyms

foreign exchange

Easily confused

foreign exchange

The foreign exchange market reacts quickly to political events.

Related words

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In Travel & Holidays

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