Cut, Copy, Paste... Swap

Black Hole

May contain traces of nut
Anybody know of a Windows add-on to add a "swap" option to the context menu (or a hot key)?

The idea is that it will put whatever's in the paste buffer to replace a text selection, and put the selection into the paste buffer. I can find mention of it for Mac, but not Windows.
I haven't heard of it either.
I think there was a clipboard, to which you could paste several items, and then recover them for pasting selectively.
This would have been XP (or earlier)