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In the IANA time zone database, Nigeria is given one zone in the file zone.tab—Africa/Lagos. Lagos is Nigeria's capital city. "NG" refers to the country's ISO 3166-1 alpha-2 country code. Data for Nigeria directly from zone.tab of the IANA time zone database; columns marked with * are the columns from zone.tab itself: [8]
Simple euro calculator (Germany) A euro calculator is a type of calculator in European countries (see eurozone) that adopted the euro as their official monetary unit. It functions like any other normal calculator, but it also includes a special function which allows one to convert a value expressed in the previously official unit (the peseta in Spain, for example) to the new value in euros, or ...
There is a proposal for a monetary union of the entire African continent, which would call for the creation of a new unified currency, similar to the euro. The hypothetical currency is sometimes referred to as the afro or afriq. [2]
Before the wide adoption of standard time zones, local mean time was widely used in railway time for train timetables and telegraphic time for telegraphy. [7] Local mean time is a solar time that corrects the variations of local apparent time by forming a uniform time scale at a specific longitude ; [ 8 ] for instance, Liberia observed UTC−0: ...
ZAR Cent: 100 Ethiopia: Ethiopian birr: Br ETB Santim: 100 Falkland Islands: Falkland Islands pound £ FKP Penny: 100 Sterling £ GBP Penny: 100 Faroe Islands: Danish krone: kr DKK Øre: 100 Faroese króna: kr (none) Oyra: 100 Fiji: Fijian dollar $ FJD Cent: 100 Finland: Euro € EUR Cent: 100 France: Euro € EUR Cent: 100 French Polynesia ...
The all-time low was constructed on 6 July 2001, with 83.36 points and the all-time high on July 14, 2008, 123.82 points. On 20 May 2011, the exchange ICE Futures U.S. ended the trading of futures and options on the index. [9] On July 28, 2011, the calculation of the ICE Euro Currency Index was discontinued (last value was 108.88 points). [10]
The first European banknotes were issued in 1661 by Stockholms Banco.Founded by Johan Palmstruch, it was a predecessor of Sweden's central bank Sveriges Riksbank. [1] As commercial activity and trade shifted northward in 17th century Europe, deposits at and notes issued by the Bank of Amsterdam denominated in Dutch guilders became the means of payment for much trade in the western world.
To maintain a desired exchange rate, the central bank during a time of private sector net demand for the foreign currency, sells foreign currency from its reserves and buys back the domestic money. This creates an artificial demand for the domestic money, which increases its exchange rate value. Conversely, in the case of an incipient ...