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In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value.Factors contributing to a currency's hard status might include the stability and reliability of the respective state's legal and bureaucratic institutions, level of corruption, long-term stability of its purchasing power, the associated ...
The market convention is to quote most exchange rates against the USD with the US dollar as the base currency (e.g. USDJPY, USDCAD, USDCHF). The exceptions are the British pound (GBP), Australian dollar (AUD), the New Zealand dollar (NZD) and the euro (EUR) where the USD is the counter currency (e.g. GBPUSD, AUDUSD, NZDUSD, EURUSD).
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
The other British Overseas Territories have a local currency that is pegged to the U.S. dollar or the New Zealand dollar. ... AUD CAD CHF CNY EUR HKD JPY USD: From ...
USD/JPY exchange rate 1971–2023. The yen (Japanese: 円, symbol: ¥; code: JPY) is the official currency of Japan.It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro. [2]
Kiribati introduced a change for its eastern half on 31 December 1994, from time zones UTC−11:00 and UTC−10:00 to UTC+13:00 and UTC+14:00, to avoid having the country divided by the International Date Line.
On 29 January 2009, the Zimbabwean government legalised the use of foreign currencies, such as the United States dollar and the South African rand.In response, Zimbabweans quickly abandoned the old Zimbabwean dollar, which was collapsing from what was at the time the second-highest ever rate of hyperinflation in the world (after the Hungarian pengő in 1946).
The lira (Turkish: Türk lirası; sign: ₺; ISO 4217 code: TRY; [1] abbreviation: TL) is the official currency of Turkey and the Turkish Republic of Northern Cyprus, as well as one of the two currencies used in Syrian Opposition under the country's interim government. [2]