Exchange rate is one of Danzig’s best sires. He has already produced more stakes winners and stakes runners than any other son of Danzig in 2014-including War Front ($150,000). Now that’s value! So far he has produced 53 stakes winners as a stallion. His offspring typically go one turn, he adds speed to them and his turf runners tend to go longer.
What has been his best playing card is his ability to produce early winners and also another sire featured who upgraded his mares. 45% of his stakes winners have earned black type at 2. Exchange Rate sits currently at #8 in earnings for two year olds. He was 10th in 2012 and 9th in 2011. What’s equally impressive is that he ranked 13th in earnings in 2008 with only 57 two year old runners and 20th in 2005 with just 44 runners. Some of his best 2 year olds have been Sunset Glow (G1 Del Mar Debutante), Full Mast (Prix La Rochette Lagadere), Reckless Abandon (Equal Top British 2 year old 2012), Excaper (2nd Breeders’ Cup Juvenile Turf 2011), Southern Exchange (Victoria Stakes and Colin Stakes 2008) and Blazing Rate (Florida Stallion Stakes 2005).
While over 75 % of his winners have been over dirt, he has gotten turf winners such as the aforementioned Sunset Glow, Full Mast, Reckless Abandon, Excaper and Ball Dancing (recent winners Sands Point Stakes). And over synthetic surfaces recent Grade 1 darling Sunset Glow and Blue Heart (Bison City Stakes and Jammed Lovely Stakes at Woodbine) have made a mark. Exchange Rate has shuttled to Argentina where he has had success this year with Grade 1 winner Kalithea and Group II placed Argentino a Muerte. He’s already produced Full Mast, Reckless Abandon, and Ball Dancing in Europe and A Shin Gorgeous in Japan. This has given Exchange Rate recognition as a successful international sire.
Exchange Rate was a 1.4 million dollar purchase in 1998, suggesting a stellar pedigree and great physical looks. He is by one of the world’s greatest sires Danzig. As a stallion he produced 188 Graded Stakes winners and ten champions. His progeny earned over 100 million dollars. He was also a great sire of sires. Danehill (first sire to reach over 300 stakes winners), Langfuhr (49 stakes winners including Wando, winner of the 2003 Canadian Triple Crown), Belong to Me (sired 2 champions and 29 Graded Stakes winners) and Polish Navy (sired 1993 Kentucky Derby winner Sea Hero). Exchange Rate’s grand sire is Hall of Famer Northern Dancer, who sired 146 stakes winners including a remarkable 26 champions world-wide. He’s been called the 20th century’s greatest sire of sires-his sons including superstar sires : Be My Guest, Danzig, El Gran Senor, Fairy King, Lyphard, Nijinsky, Northern Taste, Nureyev, Sadler’s Wells, Storm Bird, and Vice Regent. Exchange Rate is out of the graded stakes-winning Seeking the Gold mare Sterling Pound. His 4th dam, Native Partner, was the dam of champion Ajdal, group and grade one winners Formidable and Flying Partner, and classic-placed group winnerFabuleux Jane. Native Partner is also ancestress of Arazi, Horse of the Year in Europe and champion in the U.S. at 2, and other group or grade I scorersNoverre, Dance Partner, Dance in the Mood, Dance in the Dark, Eagle Café, and Swiss Ace.
As with Mizzen Mast, Exchange Rate won on both dirt and turf. His major accomplishments though came on dirt where he was the winner of the Risen Star Stakes at 3 and the Grade II Tom Fool Handicap at 4. He finished his racing career with 6 wins out of 15 starts with earnings just under $500,000.
Exchange Rate is a beautiful horse that adds strong physical attributes and good looks on to his offspring. He is a well rounded sire and by looking at how well his 2-year-olds have produced in recent years his stud fees are probably pointing north in the coming years.
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