transitive verb, ichidan verb
The kanji is exchange, so this verb is to exchange. If you exchange one thing for another thing, you are going to exchange it, after all. This word refers to exchanging one thing for a similar thing.
Wondering about the difference between 替える and 換える? 替える means swapping one thing for another of the same kind, whereas 換える means exchanging or trading one thing for something different, often of similar value. So, you use 替える when switching out light bulbs, but opt for 換える when trading jewelry for cash.
I don't like this car. I would like to exchange it for another car (か).
Can you exchange these shoes for a pair that is one size bigger, please?