Sorry, no online dictionaries contain the exact phrase parallel exchange rate.
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Reverse dictionary results:
1. peg
 2. batta
3. pace
4. agio
5. change
6. currency
7. rates
8. parity
9. cambist
10. changes
 11. changing
12. exchanged
13. currencies
14. devaluate
15. drainage
16. valuta
17. managed currency
18. revaluation
19. sewage
20. rate of exchange
 21. write-off
22. disbursements
23. erm
24. fixed exchange rate
25. return
26. flat
27. returning
28. returns
29. drift
30. drifting
 31. alike
32. chiasmus
33. crank
34. cranking
35. cranks
36. streamline
37. streamlined
38. tally
39. reverse
40. transpose

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You can look up the words in the phrase individually using these links:   parallel ?   exchange ?   rate ?
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