Change, exchange, and transfer are all verbs that involve the movement or conversion of something from one state or location to another. However, they have slightly different meanings and contexts in which they are used.

1. Change: Change refers to the act of making or becoming different. It involves altering or modifying something to transform it into a new state or form. Change can be applied to various aspects such as appearance, behavior, or condition. For example, changing clothes, changing a plan, or changing one's mind.

2. Exchange: Exchange involves the act of giving or receiving something in return for something else. It implies a mutual or reciprocal action where two or more parties swap or trade items, ideas, or services. Exchange can occur in various contexts, such as exchanging money for goods, exchanging information, or exchanging gifts.

3. Transfer: Transfer refers to the act of moving or shifting something from one place, person, or situation to another. It involves the relocation or conveyance of something to a different location or ownership. Transfer can be used in various scenarios, such as transferring money from one bank account to another, transferring ownership of a property, or transferring data from one device to another.

In summary, change involves making or becoming different, exchange involves giving and receiving in return, and transfer involves moving or shifting something from one place to another.