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  2. Philippine peso - Wikipedia

    en.wikipedia.org/wiki/Philippine_peso

    After 1898 the United States colonial administration ... 100 and 500 pesos, backed by silver coin or U.S. gold at a fixed rate of 2:1. ... Current PHP exchange rates;

  3. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The future exchange rate is reflected into the forward exchange rate stated today. In our example, the forward exchange rate of the dollar is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium. UIRP showed no proof of working after the 1990s.

  4. Foreign exchange date conventions - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_date...

    The spot date is day T+1 if the currency pair [1] is USD/CAD, USD/TRY, USD/PHP or USD/RUB. In this case, T+1 must be a business day and not a US holiday. If an unacceptable day is encountered, move forward one day and test again until an acceptable date is found. The spot date is day T+2 otherwise. The calculation of T+2 must be done by ...

  5. Fixed exchange rate system - Wikipedia

    en.wikipedia.org/wiki/Fixed_exchange_rate_system

    A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system.

  6. International use of the U.S. dollar - Wikipedia

    en.wikipedia.org/wiki/International_use_of_the_U...

    Some other countries link their currency to U.S. dollar at a fixed exchange rate. The local currencies of Bermuda and the Bahamas can be freely exchanged at a 1:1 ratio for USD. Argentina used a fixed 1:1 exchange rate between the Argentine peso and the U.S. dollar from 1991 until 2002.

  7. A gold bar is now worth $1 million

    www.aol.com/finance/gold-bar-now-worth-1...

    The price of a bar of gold is worth a million dollars for the first time, thanks to soaring prices for the precious metal. Skip to main content. 24/7 Help. For premium support please call: ...

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