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Bulgaria plans to adopt the euro and become the 21st member state of the eurozone. The Bulgarian lev has been on a currency board since 1997, with a fixed exchange rate initially against the Deutsche Mark and subsequently its replacement the euro. Bulgaria's target date for introduction of the euro was 1 January 2025.
Thus, the official exchange rate increased from ¥1.50 in 1980 to ¥8.62 by 1994 (the lowest rate on record). Improving current account balance during the latter half of the 1990s enabled the Chinese government to maintain a peg of ¥8.27 per US$1 from 1997 to 2005.
The CFA franc was created with a fixed exchange rate versus the French franc. This exchange rate was changed only twice, in 1948 and in 1994 (besides nominal adaptation to the new French franc in 1960 and the Euro in 1999). Exchange rate: 26 December 1945 to 16 October 1948 – F.CFA 1 = 1.70 French franc.
Failure rate. Failure rate is the frequency with which an engineered system or component fails, expressed in failures per unit of time. It is usually denoted by the Greek letter λ (lambda) and is often used in reliability engineering. The failure rate of a system usually depends on time, with the rate varying over the life cycle of the system.
The micrometre (Commonwealth English as used by the International Bureau of Weights and Measures; [1] SI symbol: μm) or micrometer (American English), also commonly known by the non-SI term micron, [2] is a unit of length in the International System of Units (SI) equalling 1 × 10 −6 metre (SI standard prefix "micro-" = 10 −6); that is, one millionth of a metre (or one thousandth of a ...
In survival analysis, the hazard ratio (HR) is the ratio of the hazard rates corresponding to the conditions characterised by two distinct levels of a treatment variable of interest. For example, in a clinical study of a drug, the treated population may die at twice the rate of the control population. The hazard ratio would be 2, indicating a ...
The official exchange rate set by the Central Bank of Nigeria: naira to U.S. dollar is approximately ₦767.54 per 1 US dollar. This rate is almost two times different from the illegal black market exchange rate. The Black-Market exchange rate of the naira to the U.S. dollar is approximately ₦752.50 per 1 US dollar.
Cottage. A cottage, during England's feudal period, was the holding by a cottager (known as a cotter or bordar) of a small house with enough garden to feed a family and in return for the cottage, the cottager had to provide some form of service to the manorial lord. [1] However, in time cottage just became the general term for a small house.