http://nseej.com/رسائل/-132564/ If we denote by S the FOR/DOM exchange rate (i.e. 1 unit of foreign forex is worth S units of domestic forex) we will observe that paying out 1 unit of the home currency if the spot at maturity is above or under the strike is exactly like a money-or nothing call and put respectively. Fri, 25 Apr 2014 13:39:53 UTC en