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One rand was worth US$1.40 (R0.72 per dollar) from the time of its inception in 1961 until late 1971, and the U.S. dollar became stronger than the South African currency for the first time on 15 March 1982. [9]
The result was a 2500 m thick layer of rock that is termed the "Central Rand Group", which together with the "West Rand Group", forms the "Witwatersrand Supergroup". It is the younger Central Rand Group that contains most of the gold bearing conglomerates, locally referred to as banket , that are today of great economic importance.
The Great Falls were incorporated into the Idaho Territory on March 4, 1863, [58] and then into the Montana Territory on May 28, 1864. [35] It became part of the state of Montana upon that territory's admission to statehood on November 8, 1889. [35] The Great Falls of the Missouri River became the site of a permanent settlement in 1883.
It appeared that the size effect on the lifetime is much stronger than it is on the short-time strength (tail exponent is an order-of-magnitude smaller). Type 2: Structures in which a large crack or notch exists
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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 ...