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A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars.
For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 euro. In some areas of Europe and in the retail market in the United Kingdom , EUR and GBP are reversed so that GBP is quoted as the fixed currency to ...
The Belarusian ruble is pegged to the euro, Russian rouble and US dollar in a currency basket. In the period following the Bretton Woods Conference of 1944, exchange rates around the world were pegged to the United States dollar, which could be exchanged for a fixed amount of gold. This reinforced the dominance of the US dollar as a global ...
The Moroccan Dirham has been historically pegged to a basket of currencies including the Euro and the US Dollar. In 2015, the Central Bank updated the weights of the peg to 60% for the Euro and 40% for the US dollar, against respectively 80% and 20% previously, to better reflect the current structure of foreign trade of the country. [54]
For example, the euro sign € is based on ϵ, an archaic form of the Greek epsilon, to represent Europe; [4] the Indian rupee sign ₹ is a blend of the Latin letter 'R' with the Devanagari letter र ; [5] and the Russian Ruble sign ₽ is based on Р (the Cyrillic capital letter 'er').
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
Here are the 10 most traded cryptocurrencies in the past 30 days with a market cap of at least $1 billion. Data as of Oct. 25, 2024, from CoinMarketCap.com. ... Each coin is backed by $1 U.S ...
"Numb" by Linkin Park was the first 2000s video predating YouTube to reach 1 billion views in November 2018. [59] "Bohemian Rhapsody" by Queen was the first 1970s video (and pre-1990s video) to reach 1 billion views in July 2019. [60] "Sweet Child o' Mine" by Guns N' Roses was the first 1980s video to reach 1 billion views in October 2019. [61]