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East German Deutsche Mark (east) (1948–1964) DM: West German and united German Deutsche Mark (west) (1948–2001) ₻ Nordic mark symbol used by Ludvig Holberg in Denmark and Norway in the 17th and 18th centuries [28] ₯ Greek drachma ₠ ECU (1979–1998, not widely used and now historical; replaced by the euro) Eº: Chilean escudo (1960 ...
In the economy of the Americas, the Canadian dollar plays a similar role to that played by the Australian dollar (AUD) in the Asia-Pacific region. The Canadian dollar (as a regional reserve currency for banking) has been an important part of the British, French and Dutch Caribbean states' economies and finance systems since the 1950s. [42]
The cost of one United States dollar in Canadian dollars from 1990 The cost of one Euro in Canadian dollars from 1999 Since 76.7% of Canada's exports go to the U.S., and 53.3% of imports into Canada come from the U.S., [ 34 ] Canadians are interested in the value of their currency mainly against the U.S. dollar.
All the figures below have been converted to U.S. dollars, as different countries report data in different currencies. The U.S. dollar equivalents have been calculated using currency exchange rates as well as the gold price at the reported date. Not all countries keep gold as reserves, to avoid physical storage costs and the risks associated ...
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 ...
Additionally, the Moroccan dirham is tied to a basket of currencies, including the euro and the US dollar, with the euro given the highest weighting. These countries generally had previously implemented a currency peg to one of the major European currencies (e.g. the French franc , Deutsche Mark or Portuguese escudo ), and when these currencies ...
Euro Germany: 1999 current currency Deutsche Mark Germany (unified) West Germany: 1990 (unified) 1948 (West Germany) 2002 East German mark East Germany: 1948 1990 Saar franc: Saarland: 1947 1959 Saar mark: Saarland: 1947 1947 Reichsmark Allied-occupied Germany Nazi Germany Weimar Republic: 1924 1948 German Rentenmark Weimar Republic: 1923 1924
Several European microstates outside the EU have adopted the euro as their currency. For EU sanctioning of this adoption, a monetary agreement must be concluded. Prior to the launch of the euro, agreements were reached with Monaco, San Marino, and Vatican City by EU member states (Italy in the case of San Marino and Vatican City, and France in the case of Monaco) allowing them to use the euro ...