Search results
Results from the WOW.Com Content Network
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more
Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [1]Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.
The caja de conversión was the body responsible for maintaining the value of the Argentine peso in gold, as part of the currency board that operated in Argentina before 1935. [1] It was a precursor of sorts to the Argentine Currency Board of the 1990s.
A new peso introduced in 1992, officially the "peso convertible de curso legal", was worth 10,000,000,000,000 (ten trillion) pesos moneda nacional, the currency in use until 1970. Since the early 21st century, the peso has experienced further substantial inflation, reaching 289.4% year-on-year in April 2024, the highest since the current peso ...
The Comisión de Hacienda issued 50 and 200 pesos in 1865, whilst the Junta de Crédito introduced notes for 10 and 20 centavos that year, followed by 5 and 40 centavos in 1866 and 1, 2, 5 and 10 pesos in 1867. In 1862, the Spanish issued notes for 1 ⁄ 2, 2, 5, 15 and 25 pesos in the name of the Intendencia de Santo Domingo. The last ...
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar.
This law created the monetary unit "córdoba", named after Francisco Hernández de Córdoba, founder of Nicaragua and the cities of León and Granada, but due to the prevailing political instability at that time, the Córdoba did not circulate until 1913. It replaced the peso moneda corriente, the Nicaraguan currency between 1878 and 1912. [1]
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.