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According to an investigation of the University of Lausanne, the ratio of counterfeited banknotes was about 10 in one million real banknotes for the Swiss franc, of 100 in one million for United States dollar and of 300 in one million for pound sterling. [111] In 2011, 606,000 euro counterfeits were removed from circulation (41 per million).
In English the euro sign – like the dollar sign $ and the pound sign £ – is usually placed before the figure, unspaced, [8] the reverse of usage in many other European languages. When written out, "euro" is placed after the value in lower case; the plural is used for two or more units, and euro cents are separated with a full-stop, not a ...
Between December 1999 and December 2002, the euro traded below the US dollar, but has since traded near parity with or above the US dollar, peaking at US$1.60 on 18 ...
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros.
The following list provides information relating to the (gross) minimum wages (before tax & social charges) of in the European Union member states. The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [1] Belgium (38 hours), [2] Ireland (39 hours), [1] and Germany (39.1 hours).
Minimum wages by country (other territories). Currencies: local, USD, Eur, and Int$ PPP. Country Monthly minimum wage Hourly rate (gross) Exchange rate to EUR Effective at Net Net [7] [i] Gross Local currency Local USD PPP [7] [ii] Kosovo: 326 [217] 934 350 €350.00 [218] [219] €2.00 [220] 2.18 [221] 5.73 1 1 Oct 2024 Northern Cyprus
If the euro to U.S. dollar exchange rate is 2.00 one month later, the U.S. importer must prepare €1000 with $2000 in the foreign exchange market for the payment. On the other hand, If the euro to U.S. dollar exchange rate is 0.50 one month later, the U.S. importer is able to prepare €1000 with $500 for the payment.
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.