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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
After the use of the Zimbabwean dollar ceased on 12 April 2009, [47] the dong was the second least valued currency unit after the Iranian rial as of 28 November 2014. Since 19 June 2014, the Vietnamese dong has been devalued a total of five times in an effort to help spur exports and to ensure the stability of the currency. [48]
List of all Asian currencies Present currency ISO 4217 code Country or dependency (administrating country) Currency sign Fractional unit Russian Ruble [1]: RUB Abkhazia ...
This mechanism allows the dollar–dong exchange rate to adjust gradually to changing market conditions. [36] This was set at 3 percent either side of a fixed rate set each day by the SBV, however, it was increased to 5 percent in October of 2022. [91] As of December 5, 2018, a US dollar is worth 23,256 Vietnamese đồng.
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.
The US Dollar Index (ticker: USDX) is the creation of the New York Board of Trade (NYBOT), renamed in September 2007 to ICE Futures US. It was established in 1973 for tracking the value of the USD against a basket of currencies, which, at that time, represented the largest trading partners of the United States. It began with 17 currencies from ...
After the Nixon Shock of 1971 and during the collapse of the Bretton Woods system between 1971 and 1973, the XDR initially remained at 1 US dollar (even as its value relative to gold dropped to 1/38 troy ounce in 1972 and 1/42.22 troy ounce in 1973). [65] On July 1, 1974, the XDR instead became defined by a currency basket of 16 currencies. [16]