(かわせ)

かわせ
noun
exchange; money order
business
1. exchange (currency/foreign)
The system of exchanging one currency for another; foreign exchange.
To check the exchange rate.
The weak yen caused a foreign exchange loss.
You should check the exchange rate before traveling abroad.
2. money order; draft
A method of transferring money without using cash, through banks or postal services.
To send money by postal money order.
I paid the price by money order.
I arranged a money order at the bank and sent it to family living far away.

Reading: This is an irregular reading (ateji).

Compounds

BUSINESS/FINANCE: Essential term for international trade and financial markets.