Surrender (religion) To surrender in spirituality and religion means that a believer completely gives up his own will and subjects his thoughts, ideas, and deeds to the will and teachings of a higher power.[citation needed] It may also be contrasted with Submission.
Definition: An exchange rate is the current market price for which one currency can be exchanged for another. If the U.S. exchange rate for the Canadian Dollar is $1.60, this means that 1 American Dollar can be exchanged for 1.6 Canadian dollars. Terms related to Exchange Rates:
International Exchange Rate Law & Legal Definition. An international exchange rate, also known as a foreign exchange (FX) rate, is the price of one country's currency in terms of another country's currency.Foreign exchange rates are relative and are expressed as the value of one currency compared to another.When selling products internationally, the exchange rate for the two trading countries' currencies is an important factor.oreign exchange rates are relative and are expressed as the value of one currency compared to another. When selling products internationally, the exchange rate for the two trading countries' currencies is an important factor.