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This web page provides a table of circulating fixed exchange rate currencies, with corresponding reference currencies and exchange rates. It also includes notes on the Hong Kong dollar, which is pegged to a tight band of between 7.75 and 7.85 versus the U.S. dollar.
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
US dollar-Pakistani rupee exchange rate Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/ 31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/ 76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [ 24 ]
Find out which countries peg their currency to the US dollar or other anchors, and how they manage their exchange rates. See the de facto classification of exchange rate arrangements by the IMF as of 2022.
Learn about the origin, evolution and usage of the Indian rupee, the official currency in India and some other countries. See the symbol ₹ and its etymology, history and legal framework.
On January 28, 1978, the dirham was officially pegged to the IMF's special drawing rights (SDRs). [10] In practice, it has been pegged to the U.S. dollar for most of the time. [11] Since November 1997, the dirham has been pegged to the US dollar at a rate of US$1 = Dhs 3.6725, [12] which translates to approximately Dh 1 = US$0.272294.
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of some regions. Learn about the history, etymology, and monetary system of the rupee, and see examples of coins and banknotes.
Learn what an exchange rate is and how it is determined by different factors, such as supply and demand, government policies, and market conditions. Compare and contrast various exchange rate regimes, such as floating, fixed, and hybrid, and their implications for currency values and trading.
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