Search results
Results From The WOW.Com Content Network
The Pakistani rupee depreciated against the United States dollar until the turn of the century when Pakistan's large current account surplus pushed the value of the rupee up against the dollar. The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export ...
Tables of historical exchange rates to the United States dollar. 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 South Korean won ( Symbol: ₩; Code: KRW; Korean : 대한민국 원) is the official currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and it appears only in foreign exchange rates.
In India slang names for coins are more common than the currency notes. For 5 paisa (100 paisa is equal to 1 Indian rupee) it is panji. A 10 paisa coin is called dassi and for 20 paisa it is bissi. A 25 paisa coin is called chavanni (equal to 4 annas) and 50 paisa is athanni (8 annas). However, in recent years, due to inflation, the use of ...
This infobox shows the latest status before this currency was rendered obsolete. The Zimbabwean dollar ( sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of four official currencies of Zimbabwe from 1980 to 12 April 2009. During this time, it was subject to periods of extreme inflation, followed by a ...
The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible ...
The dollar unit of account therefore acted as a convenient intermediary conversion unit between sterling and the outgoing guilder unit. The dollar unit was equivalent to 4 shillings 2 pence sterling and replaced the guilder unit at a rate of 1 dollar = 3 + 1 ⁄ 8 guilders, i.e. £1 = $4.80 = 15 guilders.
According to the U.S. Department of Treasury website, "The present denominations of our currency in production are $1, $2, $5, $10, $20, $50 and $100. The purpose of the United States currency system is to serve the needs of the public and these denominations meet that goal. Neither the Department of the Treasury nor the Federal Reserve System ...