The Foreign Exchange is a R&B/electronica/hip hop duo consisting of American rapper/singer Phonte Coleman and Dutch producer Nicolay.
The pair first made contact over message boards on Okayplayer.com and began recording and sending music back and forth. Soon after, Phonte and Nicolay formed The Foreign Exchange without having ever met each other in person, hence the name The Foreign Exchange.
In December 2009, the group found out that they were nominated for a Grammy, for Best Urban/Alternative Performance for the track Daykeeper feat. Muhsinah from their second album, "Leave It All Behind".