agio
Sign in to saveAgio (Italian aggio) is a term used in commerce for exchange rate, discount or premium.
Wikidata facts
- Instance of
- difference
Show 2 more facts
- described by source
- Pauly–Wissowa
- opposite of
- discount points
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via Wikidata · CC0
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Encyclopedic overview
6 sectionsContents
- Exchange rate
- Exchange rate differential
- Premium
- See also
- Notes
- References
Agio (Italian aggio) is a term used in commerce for exchange rate, discount or premium.
==Exchange rate== The variations from fixed par values or rates of exchange in the currencies of different countries. For example, in most countries that used the gold standard, the standard coin was kept up to a uniform point of fineness. In particular, a freshly minted English sovereign was in a fixed relation to freshly minted coins of other countries: 1 £ = 25.221 francs = 20.429 marks = US$4.867, etc.
Excerpted from Wikipedia’s “agio” article, available under the CC BY-SA 4.0 licence.