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单词 mint par
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mint par
mint par n. (more fully mint par of exchange) the ratio between the amounts of pure metal (originally gold) in the standard units of two currencies; the rate of currency exchange between two countries based on this ratio.
ΚΠ
1868 E. Seyd Bullion 394 The actual Mintage Par of Exchange between London and Paris is £1 = fcs. 25·2215.]
1870 Jrnl. Statist. Soc. 33 68 The Mint par of exchange between England and France, which is the only true par, is 25·2215 frs. per 1l.
1891 G. Clare Money-market Primer 74 A Mint Par can only be established between countries that employ the same standard of value.
1965 F. E. Perry & F. R. Ryder Thomson's Dict. Banking (ed. 11) 376/2 The Mint Par between two countries never varies unless one of them alters its coinage regulations.
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