str_replace() for multiple value replacement

Question

Is there any possibility to use str_replace for multiple value replacement in a single line. For example i want to replace \' \' with \'-\'

Answer 1

$name = abcd;

I want to replace 'a' with '$' and 'b' with '!', so I need to write like this:

$str = ['a','b'];
$rplc =['$','!'];

echo str_replace("$str","$rplc",$name);

output : $!cd