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De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
(1 USD = 3.60 SEK) A controlled depreciation of 30.5% against the USD on 19 September 1949. (1 USD = 5.17 SEK) Membership of the International Monetary Fund and part of the Bretton Woods system on 31 August 1951. A controlled depreciation of 1.0% against gold and a 7.5% appreciation against the USD on 21 December 1971.
The krona (Swedish: ⓘ; plural: kronor; sign: kr; code: SEK) is the currency of the Kingdom of Sweden.It is one of the currencies of the European Union.Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value.
After hitting a September low, the US Dollar Index — which measures the dollar's value relative to a basket of six foreign currencies, including the euro, Japanese yen, British pound, Canadian ...
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
The index — which measures the dollar's value relative to a basket of currencies (the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc) — has climbed by ...
This is a placeholder while I can come up with an eloquent way of stating that there needs to be a Wikipedia-wide convention on how to indicate currencies (US dollars vs. Australian dollars, etc.) and of which symbols to use (no one seems to know what to do about the Yuan). --Dante Alighieri 01:17 17 Jul 2003 (UTC)
The pegging was unilateral. At first, the ECU attachment seemed to bring about increased confidence in the Swedish krona, but this was only temporary. A 500 percent marginal interest rate for a short period was not enough to defend the krona against speculation, and Sweden had to abandon the fixed exchange rate in 16 September 1992. [5]