As nouns the difference between exchange and toggle
is that
exchange is an act of exchanging or trading while
toggle is (nautical) a wooden or metal pin, short rod, crosspiece or similar, fixed transversely in the eye of a rope or chain to be secured to any other loop, ring, or bight, eg a sea painter to a lifeboat.
As verbs the difference between exchange and toggle
is that
exchange is to trade or barter while
toggle is to alternate between two positions using a single switch or lever.