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The German Teuro is a play on the word teuer, meaning 'expensive'. The Deutsche Mark was worth approximately half as much as the euro (the ratio was 1.95583:1) and some grocers and restaurants were accused of taking advantage of the smaller numbers to increase their prices by rounding to 2:1. I, in Portugal the same thing happened, and often ...
[1] [2] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. [ 3 ] Alternative names for currency
The Deakin government's Coinage Act 1909 [3] distinguished between "British coin" and "Australian coin", giving both status as legal tender of equal value. The Act gave the Treasurer the power to issue silver, bronze and nickel coins, with the dimensions, size, denominations, weight and fineness to be determined by proclamation of the Governor-General.
For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 euro. In some areas of Europe and in the retail market in the United Kingdom , EUR and GBP are reversed so that GBP is quoted as the fixed currency to ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
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.
The usage to mean a single large building was common in the Western US until the early 20th century. bloody expletive attributive used to express anger ("bloody car") or shock ("bloody hell"), or for emphasis ("not bloody likely") (slang, today only mildly vulgar) *(similar US: damn ("damn car"))
The £sd system was the standard across much of the European continent for over a thousand years, until the decimalisations of the 18th and 19th centuries. The United Kingdom remained one of the few countries retaining it into the 20th century, resulting in the system becoming particularly associated with Britain.