法ほう定てい平へい価か

noun

mint parity; mint par of exchange

A historical financial term referring to the official exchange rate between two currencies based on their gold or silver content. Rare in modern usage outside of economic history contexts.

• 金きん本ほん位い制せいの下もとでは、法ほう定てい平へい価かが通つう貨か間かんの交こう換かん比ひ率りつの基き準じゅんとなった。

  Under the gold standard, mint parity served as the basis for exchange rates between currencies.