A wallet was exchanged for a street vendor's wallet in Mexico City, resulting in the transfer of its contents into the vendor's wallet.

This exchange can be understood as a type of financial derivative known as a swap. Swaps entail the exchange of cash flows between two counterparties, with each party offering the cash flows of their respective financial instruments. The specific benefits that arise from this transaction depend on the nature of the financial instruments involved.


Year: 2014
Medium: Wallet, $740 Mexican Pesos, newspaper clippings, credit card, receipts, notes, thermometers, condom
Dimensions: Variable