Agios

/ˈædʒioʊz/ noun

Definition

Plural of agio; multiple premiums or fees charged for currency exchange, or various exchange rates.

Etymology

Standard English plural of the Italian-origin agio, adding -s. Used in historical financial texts and modern banking contexts.

Kelly Says

During economic crises, agios skyrocket—right now, in countries with unstable currencies, the black market agio can be 40-50% higher than the official rate, showing how desperate people are to get 'safe' foreign currency.

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