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:
Exchange rate. I n finance, the exchange rate between two currencies specifies how much one currency is worth in terms of the other. For example an exchange rate of 120 Japanese Yen to the Dollar means that 120 is worth the same as $1.An exchange rate is also known as a foreign exchange rate, or FX rate.An exchange rate quotation is given by stating the number of units of a price currency can be bought in terms of a unit currency.or example an exchange rate of 120 Japanese Yen to the Dollar means that 120 is worth the same as $1. An exchange rate is also known as a foreign exchange rate, or FX rate. An exchange rate quotation is given by stating the number of units of a price currency can be bought in terms of a unit currency.