foreign exchange

• Proceso de conversión de la moneda de un país a la de otro, así como el sistema y el mercado donde se negocian las divisas a nivel internacional.

The process of converting one country's currency into another, or the system and market where currencies are traded internationally.

1. Currency tradingB2formal

   The conversion of one country's currency into another, or the market where currencies are traded.

   Mercado de divisas

   • The foreign exchange market is the largest financial market in the world.
   • He works as a broker in foreign exchange.
   • Fluctuations in foreign exchange rates can affect international trade.

2. B2formal

   The foreign currency reserves held by a central bank or government.

   reservas de divisas

   • The country's foreign exchange reserves have increased this quarter.
   • They used foreign exchange to stabilize the national currency.
   • The central bank monitors foreign exchange levels closely.

3. Student exchangeB1informal

   A program where students study abroad in a foreign country for a period of time.

   intercambio estudiantil

   • She went on a foreign exchange program to Japan for a year.
   • Foreign exchange students often live with host families.
   • The university offers many foreign exchange opportunities.