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  2. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars. The most traded currency pairs in the world are called the Majors. They involve the currencies euro, US dollar ...

  3. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...

  4. Canadian dollar - Wikipedia

    en.wikipedia.org/wiki/Canadian_dollar

    The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada.It is abbreviated with the dollar sign $. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other dollar-denominated currencies (though C$ remains ambiguous with the Nicaraguan córdoba).

  5. History of Canadian currencies - Wikipedia

    en.wikipedia.org/wiki/History_of_Canadian_currencies

    The value of the dollar continued to be set by reference to the British sovereign and the American eagle, at the rate of 4.8666 Canadian dollars equal to £1, and ten Canadian dollars equal to the ten-dollar American eagle, the same rates as set in the 1853 Province of Canada legislation. [54] [56]

  6. Canadian dollar hits 4-1/2-year low as yield spread weighs

    www.aol.com/canada-fx-debt-canadian-dollar...

    The Canadian currency was trading 0.2% lower at 1.4190 per U.S. dollar, or 70.47 U.S. cents, after touching its weakest since April 2020 at 1.4199. ... The Canadian dollar weakened to a 4-1/2-year ...

  7. Decimalisation - Wikipedia

    en.wikipedia.org/wiki/Decimalisation

    Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and ...

  8. Eurodollar - Wikipedia

    en.wikipedia.org/wiki/Eurodollar

    Thus, a U.S. dollar-denominated deposit in Tokyo or Beijing would likewise be deemed a Eurodollar deposit (sometimes an Asiadollar). More generally, the euro-prefix can be used to indicate any currency held in a country where it is not the official currency, broadly termed "eurocurrency", for example, Euroyen or even Euroeuro.

  9. International status and usage of the euro - Wikipedia

    en.wikipedia.org/wiki/International_status_and...

    The euro is a major global reserve currency, the second most widely held international reserve currency after the U.S. dollar. [59] Inheriting this status from the German mark , its share of international reserves has risen from 23.65% in 2002 to a peak of 27.66% in 2009 before declining due to the European debt crisis , with Russia and Eastern ...

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