A Cookie Exchange is a fun social event where participants bake and share cookies with each other. Each person typically prepares a batch of cookies, which they bring to the gathering. The idea is to exchange cookies so everyone leaves with a variety of treats to enjoy. During the event, participants often display their cookies on a table, allowing others to sample and choose their favorites. This not only encourages creativity in baking but also fosters community spirit, as people bond over their shared love for cookies and holiday traditions.