How to say "exchange" in Japanese

Choosing the right word
  • 交換こうかんJLPT N3approx.Common
    noun, suru verb, transitive verbThe default word for exchanging things: two parties each hand over something and receive the other's in return, as with goods or items. It implies a concrete, mutual swap.
    あなたと席せきを交換こうかんしよう。↗
    Let me exchange seats with you.
  • 交流こうりゅうJLPT N2approx.Common
    noun, suru verb, intransitive verbCovers exchange as interaction: cultural exchange, interchange, mingling between people or groups. Choose it when the point is people communicating and connecting, not a swap of physical things.
    さらに、お年寄としよりが互たがいに交流こうりゅうし、アメリカの生活せいかつの中なかで何時なんどきまでも積極的せっきょくてきに参加さんかしていられるように、多おおくの団体だんたいが結成けっせいされている。↗
    In addition many groups have been formed so that the elderly can socialize with one another and remain active participants in American life.
  • 市場しじょうCommon
    nounThis is really "market": use it for exchange only in the financial sense of a marketplace where trading happens, such as a stock market. It never means swapping items between people.
    Several more companies are moving to enter the lucrative pet food market of the country.
  • noun, suru verb, transitive verbAn exchange of words, messages, or letters going back and forth between two sides — correspondence or conversational give-and-take. Usually written in kana; it suits verbal or written exchanges, not swaps of goods.
    目めの前まえで繰り広くりひろげられるやり取とりは、俺おれが入り込はいりこむ隙すきなんて一いちミリもない。↗
    The exchange unfolding in front of my eyes had not a single millimetre of a gap in which for me to slip.
  • 切り替えきりかえCommon
    nounReally means switching, conversion, or replacement: it fits "exchange" only when one thing is traded in or swapped out for another, not when two parties exchange things with each other.

Use 交換 for mutual swaps of things, 交流 for interaction between people or groups, 市場 for financial marketplaces, 「やりとり」 for back-and-forth exchanges of words or messages, and 「切り替え」 for switching or replacing one thing with another.

Usage comparisons are AI-assisted and cross-checked by multiple models; for study reference only

Japanese equivalents
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JLPT vocabulary levels are community estimates, not official (no official lists have been published since the 2010 revision).

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