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Listed below is a table of historical exchange rates relative to the U.S. dollar, at present the most widely traded currency in the world. [1] An exchange rate represents the value of one currency in another. An exchange rate between two currencies fluctuates over time. The value of a currency relative to a third currency may be obtained by ...
The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. The exchange rate at the end of each month is expressed in: From January 1914 to December 1969: Pesos Moneda Nacional. From January 1970 to May 1983: Pesos Ley 18188.
The future exchange rate is reflected into the forward exchange rate stated today. In our example, the forward exchange rate of the dollar is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium. UIRP showed no proof of working after the 1990s.
The peso (established as the peso convertible) is the currency of Argentina since 1992, identified within Argentina by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 centavos and then Central Bank introduced new issues with peso subdivisions like 1, 2, 5 and 10.
When the IMF adopted a system of multiple exchange rates in 1947, the sucre's IMF parity was devalued to 15 sucre per USD by 1950, 18 by 1961, and 25 per USD by 1970. The Sucre maintained a fairly stable exchange rate against the U.S. dollar until 1983 when it was devalued to 42 per USD and a crawling peg was adopted. Depreciation increased ...
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified.. The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.
This is a list of circulating fixed exchange rate currencies, ... Cook Islands dollar: New Zealand dollar: 1 Cuban peso: U.S. dollar: 24 Danish krone: Euro: 7.46038
Argentina’s financial markets are closed for a local holiday, but the peso weakened slightly in partial trade to stand at around 353.58 to the US dollar. The value of the currency has plunged ...