enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Eritrean nakfa - Wikipedia

    en.wikipedia.org/wiki/Eritrean_nakfa

    The nakfa is pegged to the US dollar at a fixed rate of US$1 = ERN 15. At earlier times, [when?] it was officially pegged at US$1 = ERN 13.50. The currency is not fully convertible, so black market rates available on the streets typically offered a rate of 15 nakfas per dollar. [2] [needs update]

  3. Somali shilling - Wikipedia

    en.wikipedia.org/wiki/Somali_shilling

    U.S. dollars in the black market usually traded at a premium to the official exchange rate. Somali currency underwent several devaluations: 1 July 1982: Peg with the SDR = 16.50 shillings (±7.5 band on 1 July 1983) 15 September 1984: Peg with the USD = 26 shillings (official rate) 1 January 1985: Peg with the USD = 36 shillings (official rate)

  4. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    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

  5. List of circulating currencies - Wikipedia

    en.wikipedia.org/wiki/List_of_circulating_currencies

    USD Cent: 100 Bitcoin [5] ₿ (none) Satoshi: 100000000 Equatorial Guinea: Central African CFA franc: F.CFA XAF Centime: 100 Eritrea: Eritrean nakfa: Nkf ERN Cent: 100 Estonia: Euro € EUR Cent: 100 Eswatini: Swazi lilangeni: L or E (pl.) SZL Cent: 100 South African rand: R ZAR Cent: 100 Ethiopia: Ethiopian birr: Br ETB Santim: 100 Falkland ...

  6. 2024 Ethiopian foreign exchange rate policy - Wikipedia

    en.wikipedia.org/wiki/2024_Ethiopian_foreign...

    On 1 August, the government ordered the shutdown of dozens of businesses due to surging prices of basic commodities in Addis Ababa. Addis Ababa City Trade Bureau spokesperson Sewnet Ayele said, "the businesses were caught making unreasonable price increases, mostly on food items. The stocks were imported before the new exchange rate."

  7. Black market - Wikipedia

    en.wikipedia.org/wiki/Black_market

    A black market in Shinbashi in 1946 Illegal street traders in Barcelona in 2015. A black market, underground economy, shadow market or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose ...

  8. Ethiopian birr - Wikipedia

    en.wikipedia.org/wiki/Ethiopian_birr

    The birr (Amharic: ብር) is the primary unit of currency in Ethiopia.It is subdivided into 100 santims.. In 1931, Emperor Haile Selassie formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years [2]) instead of the exonym Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia.

  9. Currency intervention - Wikipedia

    en.wikipedia.org/wiki/Currency_intervention

    Central banks generally agree that the primary objective of foreign exchange market intervention is to manage the volatility and/or influence the level of the exchange rate. Governments prefer to stabilize the exchange rate because excessive short-term volatility erodes market confidence and affects both the financial market and the real goods ...