. . . "In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country\u2019s currency in terms of another currency. For example, an interbank exchange rate of 119 Japanese yen (JPY, \u00A5) to the United States dollar (US$) means that \u00A5119 will be exchanged for each US$1 or that US$1 will be exchanged for each \u00A5119."@en . .