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:
DEFINITION of 'Currency Pairs' Two currencies with exchange rates that are traded in the retail forex market. The rates of exchange between foreign currency pairs are calculated as the factor by which a base currency is multiplied to yield an equivalent value or purchasing power of foreign currency. Two currencies with exchange rates that are traded in the retail forex market.