In a Nutshell™ Section rate of exchange: “Rate of exchange” includes any premiums or exchange costs of buying or converting into the Contractual Currency. view template 2002 ISDA full text of Section rate of exchange: “Rate of exchange” includes, without limitation, any premiums and costs of exchange payable in connection with the purchase of or conversion into the Contractual Currency. view template Click here for the text of Section rate of exchange in the 1992 ISDA