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Inflation in 1965 was 635%. In late 1965, the 'new rupiah' was brought in, at 1 new rupiah to 1,000 old rupiah. The official exchange rate was set initially at Rp0.25 to US$1 as of 13 December 1965, a rate that did not represent reality, as the multiple exchange-rate system remained in place for the time being.
Display a table link to exchange rates between a currency to one of the top 9 most traded currencies in the world, and, optionally, three other currencies. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Currency code 1 The currency code to be used in this template. String required Additional currency 2 ...
The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.
The redenomination is meant to simplify daily transactions, which often run into millions of rupiah. The plan under consideration would be completed by 2015 at the soonest, but more likely by 2020. It would reduce the exchange rate with the US dollar from about Rp14,600 (old) to Rp14.6 (New). [12]
St. Louis Fed Research also hosts IDEAS, [9] a bibliographic database drawn from Research Papers in Economics (RePEc), [10] which consists of economic research from more than one million academic articles and papers. As of September 2024, the IDEAS site states it has more 4,700,000 items of research that can be browsed or searched, and more ...
In 1999, crude and condensate output averaged 1.5 million barrels (240,000 m 3) per day, and in 1998, the oil and gas sector including refining, contributed approximately 9% to GDP. As of 2005, crude oil and condensate output were 1.07 million barrels (170,000 m 3) per day. It indicates a substantial decline from the 1990s, due primarily to ...
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
If the implied exchange rate is less than the actual exchange rate, then the analysed currency is undervalued against the base currency. [9] For example, using figures for July 2023: [3] The implied exchange rate according to the Big Mac index is 1.20 francs per dollar; The actual exchange rate is 0.87 francs per dollar; The Swiss franc is ...