To give something and receive something else in return.

कुछ देना और बदले में कुछ प्राप्त करना

English Usage: She exchanged her old phone for a new one.

Hindi Usage: उसने अपना पुराना फोन एक नए के लिए.exchange किया।

The act of giving or receiving something in return for something else.

आदान-प्रदान

English Usage: The exchange between the two companies was beneficial for both.

Hindi Usage: दोनों कंपनियों के बीच आदान-प्रदान उनके लिए लाभदायक था।