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List Of Countries With Floating Currencies
This is a list of countries by their exchange rate regime. Table of Monetary Policy framework No legal tender of their own US dollar as legal tender * * * * * * * * * Euro as legal tender * * * * * * Australian dollar as legal tender * * * Swiss franc as legal tender * Currency board US dollar as exchange rate anchor * ( XCD) * ( DJF) * ( XCD) * ( XCD) * ( HKD) * ( XCD) * ( XCD) * ( XCD) Euro as exchange rate anchor * ( BAM) * ( BGN) * ( XPF) Singapore dollar as exchange rate anchor * ( BND) Hong Kong dollar as exchange rate anchor * ( MOP) Conventional peg US dollar as exchange rate anchor * ( AWG) * ( AZN) * (BSD) * ( BHD) * (BBD) * ( BZD) * ( BMD) * ( ANG) * ( ERN) * ( JOD) * ( OMR) * ( PAB) * ( QAR) * ( SAR) * ( ANG) * ( SSP) * ( TMT) * ( AED) Euro as exchange rate anchor * ( XOF) * ( XOF) * ( CVE) * ( XAF) * ( XAF) * ( XAF) * ( KMF) * ( XOF) * ( DKK) * ( XAF) * ( XAF) * ( XOF) * ( XOF) * ( XOF) * ( XAF) * ( STD) * ( XOF) * ( XOF) Rand as exchange rate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an Interbank lending market, interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for or that will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating exchange rate, floating, fixed exchange rate, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bosnia And Herzegovina Convertible Mark
The convertible mark ( sh-Latn-Cyrl, konvertibilna marka, конвертибилна марка, separator=" / "; sign: KM; code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 pfenig or fening ( sh-Cyrl, пфениг or фенинг) and locally abbreviated ''KM'' ( sh-Cyrl, КМ, link=no). While the currency and its subunits are uniform for both constituent polities of Bosnia and Herzegovina, namely the Federation of Bosnia and Herzegovina (FBiH) and Republika Srpska (RS), the designs of the KM 10, KM 20, KM 50, and KM 100 banknotes are differentiated for each polity. History The convertible mark was established by the 1995 Dayton Agreement. It replaced the Bosnia and Herzegovina dinar, Croatian kuna and Yugoslav novi dinar as the single currency of Bosnia and Herzegovina in 1998. ''Mark'' refers to the Deutsche Mark, the currency to which it was pegged at par. Etymology The names derive from German. The three official lang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qatari Riyal
The Qatari riyal (currency sign, sign: QR in Latin alphabet, Latin, in Arabic script, Arabic; ISO 4217, ISO code: QAR) is the official currency of the Qatar, State of Qatar. It is divided into 100 dirhams (). History Until 1966, Qatar used the Indian rupee as its currency, in the form of Gulf rupees. When India devalued the rupee in 1966, Qatar, along with the other states using the Gulf rupee, chose to introduce its own currency. Before doing so, Qatar briefly adopted the Saudi riyal, then introduced the Qatar and Dubai riyal following the signing of the Qatar-Dubai Currency Agreement on 21 March 1966. The Saudi riyal was worth 1.065 Gulf rupees, whilst the Qatar and Dubai riyal was equal to the Gulf rupee prior to its devaluation. Initially pegged with Pound sterling, sterling at one shilling and six pence (1s. 6d.) per riyal, its value was changed to one shilling and nine pence (1s. 9d.) when sterling was devalued in 1967, maintaining its value in relation to gold. Follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omani Rial
The Omani rial (, ISO 4217 code OMR) is the currency of Oman. It is divided into 1000 ''paisa, baisa'' (also written ''baiza'', ). Fixed exchange rate From 1973 to 1986, the rial was pegged to the United States dollar, U.S. dollar at 1 Omani rial = US$2.895. The rate was changed in 1986 to 1 Omani rial = US$2.6008, which translates to approximately US$1 = 0.384497 rial. It is as of 2024 the third-highest-valued currency unit in the world after the Kuwaiti dinar and the Bahraini dinar. As of 2025 still, the Central Bank of Oman bought U.S. dollars at 0.384 Omani rial, and sold U.S. dollars at 0.385 Omani rial. History Until 1940, the Indian rupee and the Maria Theresa thaler (known locally as the rial due to its similar size to the Spanish dollar, Spanish eight-real coin) were the main currencies circulating in Muscat and Oman, as the state was then known, with Indian rupees circulating on the coast and thaler in the interior. Maria Theresa thaler were valued at 230 paisa, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jordanian Dinar
The Jordanian dinar (; ISO 4217, code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The dinar is divided into 100 qirsh (also called piastres) or 1000 fils (currency), fulus. Fils are effectively obsolete; however, monetary amounts are still written to three decimal places representing fils. It is pegged to the US dollar. The Central Bank of Jordan commenced operations in 1965 and became the sole issuer of Jordanian currency, in place of the Jordan Currency Board. The Jordanian dinar is also widely used in the West Bank alongside the Israeli new shekel, Israeli shekel. History In 1927, the British administration of the Palestinian Mandate established the Palestine Currency Board which issued the Palestine pound which was the official currency in both Mandatory Palestine and the Emirate of Transjordan. Though Jordan became an independent kingdom on 25 May 1946, it continued to use the Palestinian pound for a while. In 1949, it passed the Prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eritrean Nakfa
The nakfa (ISO 4217 code: ''ERN''; ''naḳfa'', or or نقفة ''nākfā'') is the currency of Eritrea and was introduced on 15 November 1997 to replace the Ethiopian birr at par. The currency takes its name from the Eritrean town of Nakfa, Eritrea, Nakfa, site of Siege of Nakfa, the first major victory of the Eritrean War of Independence. The nakfa is divided into 100 Cent (currency), cents. The nakfa is pegged to the United States dollar, US dollar at a fixed rate of US$1 = ERN 15. At earlier times, it was officially pegged at US$1 = ERN 13.50. The currency is not fully convertible, so black market rates available on the streets typically offered a rate of 15 nakfas per dollar. Between 18 November and 31 December 2015, the Bank of Eritrea began replacement of all nakfa banknotes. The banknote replacement initiative was designed to combat Counterfeit money, counterfeiting, the informal economy but primarily Sudanese human traffickers who had accepted payments in nakfa banknote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands Antillean Guilder
The Netherlands Antillean guilder (; ) is a currency of Curaçao and Sint Maarten, which until 2010 formed the Netherlands Antilles along with Bonaire, Saba (island), Saba, and Sint Eustatius. It is subdivided into 100 ''cents'' (Dutch plural: ''centen''). The guilder was replaced on 1 January 2011 on the islands of Bonaire, Saba and Sint Eustatius by the United States dollar. Rijksoverheid.nl �Wat is er veranderd sinds de staatkundige herindeling van het Koninkrijk der Nederlanden? In Curaçao and Sint Maarten, a new currency, the Caribbean guilder, was proposed, but had been stalled repeatedly by negotiations over the establishment of a separate central bank for Curaçao. In November 2020, the Central Bank announced the introduction of the replacement guilder, which was planned for implementation in the first half of 2021; however, release of the new currency was delayed several times. The new guilder was eventually launched on the 31st of March 2025. However the old guilders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahraini Dinar
The dinar ( ') (sign: or BD; code: BHD) is the currency of Bahrain. It is divided into 1000 fils (). The Bahraini dinar is abbreviated (Arabic) or ''BD'' (Latin). It is usually represented with three decimal places denoting the fils. The name dinar derives from the Roman denarius. As of December 2021, the Bahraini dinar is the second highest-valued currency unit after the Kuwaiti dinar, at 2.65 United States dollars per unit. History The Bahraini dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. The dinar was initially valued at of a pound sterling (15 shillings). When sterling was devalued in 1967, the dinar was repegged to 17s 6d sterling ( of a pound). Bahraini coins and notes were introduced at that time. Initially, Abu Dhabi adopted the Bahraini dinar but changed to the dirham in 1973, with 1 dirham = 100 fils = 0.100 dinar. Exchange rate In December 1980, the dinar was officially pegged to the IMF's special drawing rights (SD ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aruban Florin
The florin (; abbreviation: Afl.; ISO 4217, code: AWG) or Aruban guilder is the currency of Aruba. It is subdivided into 100 cents. The florin was introduced in 1986, replacing the Netherlands Antillean guilder at par. The Aruba currency exchange rate for U.S. dollars is Afl. 1.77 for cash and Afl. 1.78 for traveller's checks. Most supermarkets and gas stations use the exchange rate of Afl. 1.75, while many restaurants and shops use the exchange rate of Afl. 1.80. Coins In 1986, coins were introduced in denominations of 5, 10, 25 and 50 cents and 1 and florin. Later, the 5-florin banknote was replaced by a square coin and the -florin coin was removed from circulation. The 5-florin was replaced in 2005 with a round gold-coloured coin, because the old square 5-florin coin was too easy to counterfeit. All coins are struck in nickel-bonded steel with exception of the 5-florin, which is an alloy of copper and other metals. The 50 cent is the only square-shaped coi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
