Exchange (chess) to as a "recapture". Commonly, the word "exchange" is used when the pieces exchanged are of the same type or of about equal value, which is an "even exchange". According to chess tactics, a bishop and a knight are usually of about equal value. If the values of the pieces exchanged are not equal, then the player who captures the higher value of piece(s) can be said to be "up the exchange" or "wins the exchange", while the opponent who captures the lower value of piece(s) is "down the exchange" or "loses the exchange". Exchanges occur very frequently in chess,
Chess piece relative value Chess piece relative value In chess, the chess piece relative value system conventionally assigns a point value to each piece when assessing its relative strength in potential exchanges. These values help determine how valuable a piece is strategically. They play no formal role in the game but are useful to players and are also used in computer chess to help the computer evaluate positions. Calculations of the value of pieces provide only a rough idea of the state of play. The exact piece values will depend on the game situation, and can differ considerably from those given here. In some