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One rand was worth US$1.40 (R0.72 per dollar) from the time of its inception in 1961 until late 1971, and the U.S. dollar became stronger than the South African currency for the first time on 15 March 1982. [9]
Graph showing the official exchange rate of 1 CNY to the US dollar between 1981 and 2009. Official historical average exchange rates of Renminbi
A centesimal subdivision of the US dollar, the Canadian dollar and the Mexican peso: U+00A2 ¢ CENT SIGN: c: cent etc. variant Fraction In currencies Australian and New Zealand dollar; the South African rand; the West African CFA centime, and divisions of the euro
On July 6, 1785, the Continental Congress resolved that the money unit of the United States, the dollar, would contain 375.64 grains of fine silver; on August 8, 1786, the Continental Congress continued that definition and further resolved that the money of account, corresponding with the division of coins, would proceed in a decimal ratio ...
Romania joined the European Union on 1 January 2007 and initially hoped to adopt the euro in 2014, [79] but with the deepening of the Euro crisis and with its own problems, such as a low workforce productivity, postponed its adoption plans indefinitely. [80] As of February 2021, 1 RON is worth about 0.2045 EUR and US$0.2483. [81]
A study by the National Institutes of Health reported that the lifetime per capita expenditure at birth, using the year 2000 dollars, showed a large difference between the healthcare costs of females ($361,192, equivalent to $639,048 in 2023 [31]) and males ($268,679, equivalent to $475,367 in 2023 [31]). A large portion of this cost difference ...
In the VAT example above, the consumer has paid, and the government received, the same dollar amount as with a sales tax. At each stage of production, the seller collects a tax and the buyer pays that tax. The buyer can then be reimbursed for paying the tax, but only by successfully selling the value-added product to the buyer at the next stage.
The Turkish lira has a history of accelerating loss of value relative to the euro, breaching the mark of ₺5 per euro in early 2018 28 January 2004, the Grand National Assembly of Turkey passed a law that allowed for redenomination by the removal of six zeros from the Turkish lira, and the creation of a new currency.