0 the difference between the prices for buying and selling a particular currency --
1 the cost of exchanging one currency for another: --
The agio charged for Euro transactions will be a minimum 0.50%.
2 → agiotage --
The agio of five per cent therefore, which he commonly paid for it, was paid not for an imaginary but for a real value.
Procurement of that currency involves payment of a premium referred to as agio.
Because of the above it bore an agio, being worth more than its nominal value.
This is also indicated by the very slight agio of the interest rate of these risky loans over that for domestic bonds.
This process went so far that around 1660 to 1690 ducats obtained a constant agio of two to three per cent.
It is interesting to note that the ducat agio has remained around this level until today.
