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Agio is the term for the premium on money in a currency exchange.

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Q: What is the premium on money in a currency exchange?
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Related questions

What does the term exchange money mean?

Exchange money means that somebody change a currency into an other currency. This can be done at a bank or a money exchange shop. An exchange is often required at a visit of an other nation which use an other currency.


What does the term exchange means?

Exchange money means that somebody change a currency into an other currency. This can be done at a bank or a money exchange shop. An exchange is often required at a visit of an other nation which use an other currency.


What exactly does a forex exchange mean?

I think 'forex exchange' comes from the term 'foreign currency exchange'. You can exchange your money from the currency of the country you are based in to a currency from another country.


What is the current exchange rate between the US dollars and the Egyptian money?

http://www.oanda.com/convert/classic NOTE: Remember that banks will charge you a premium of about 3% on this rate when you change the currency.


What does currency exchange mean?

it means that currency (money) is changing throughout different courtries.


Can you use US money in Poland?

No, you can't use US money in Poland. The only currency which is allowed is polish zloty, which is Polish currency. There are a lot of exchange places where you can exchange your money into Polish money tough. :)


Is it possible to make Money in the currency exchange market?

Exchange rates are always fluctuating.


Why is it possible to make money in the currency exchange market?

Exchange rates are always fluctuating.


What best describes the exchange of currencies?

In currency exchange, money from one country is bought using money from another country.


What are the money exchange rates in Great Britain?

Coinmill.com has a current money exchange calculator on their website. This calculator includes many countries currency to exchange from. The country's money to exchange from would have to be provided.


What does currency exchange rate mean?

it means that currency (money) is changing throughout different courtries.


What accurately describes the process of currency exchange?

Money from one country is bought using money from another country.