あいさつを交かわす
Composed of
greeting; greetings; speech (congratulatory or appreciative); address; reply; response; courtesy visit (to offer condolences, say congratulations, pay respect, introduce oneself, etc.)
to exchange (messages, greetings, arguments, etc.); to intersect; to cross; ... with one another; ... to each other
Examples (2 in total)
They exchanged greetings.
We exchanged greetings.