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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 Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
Around 21 March 2007, the revalued Zimbabwean dollar regained least valued currency status (in terms of black market exchange rate), and on 7 September 2007 in terms of official exchange rate. After the use of the Zimbabwean dollar ceased on 12 April 2009, [ 47 ] the dong was the second least valued currency unit after the Iranian rial as of 28 ...
In 2009, following regions whose currency has been selected into calculation of VND Index are: United States, China, Japan, Europe, Singapore, Taiwan, and South Korea.Those seven regions are chosen, whose currencies selected into the index, based on the value of their export and import to Vietnam:
After being branded a "currency manipulator" by the United States in December for trying to keep the dong from rising in value, Vietnam is again intervening in foreign exchange markets and using ...
This mechanism allows the dollar–dong exchange rate to adjust gradually to changing market conditions. [36] This was set at 3 percent either side of a fixed rate set each day by the SBV, however, it was increased to 5 percent in October of 2022. [91] As of December 5, 2018, a US dollar is worth 23,256 Vietnamese đồng.
Investment remained strong, industry and agriculture generally retained a high growth rate. In 1955, the government of Ngô Đình Diệm founded the National Bank, Foreign Exchange Bureau, issued new currency replacing French Indochinese piastre and defined the exchange rate of dong against USD at 35:1. Land reform was conducted and lasted ...
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped to Vietnam due to the fall of the South Vietnamese government.