Foreign exchange refers to foreign currency bills and vouchers remitted from abroad or brought in or sent in from abroad. In our daily life, we often come into contact with overseas remittances and traveler's checks. In addition, foreign exchange refers to various means of payment for international settlement, including bank certificates of deposit, checks, drafts, etc. Securities expressed in foreign currencies, such as government bonds, corporate bonds and stock certificates, can also play the role of foreign exchange. Foreign currency mainly refers to freely convertible foreign currency brought in from abroad or held by individuals, and simply refers to foreign paper money held by individuals, such as US dollars, Japanese yen and British pounds.

The relationship between foreign exchange and foreign currency:

1: Foreign exchange includes foreign currency, but foreign currency cannot always be said as foreign exchange.

2. Foreign exchange can be converted into foreign currency, and foreign currency can be bought by paper money and sold abroad.