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If the spot date falls on the last business day of the month in the currency pair then the delivery date is defined by convention to be the last business day of the target month e.g. assuming all days are business days: if spot is at 30 April, a one-month time to expiry will make the delivery date 31 May. This is described as trading "end-end".
For determination of the day of the week (1 January 2000, Saturday) the day of the month: 1 ~ 31 (1) the month: (6) the year: (0) the century mod 4 for the Gregorian calendar and mod 7 for the Julian calendar (0). adding 1+6+0+0=7. Dividing by 7 leaves a remainder of 0, so the day of the week is Saturday. The formula is w = (d + m + y + c) mod 7.
Note that all parameters default to the current date, so for example, the second set of parameters can be left out to calculate elapsed time since a past date: {{Age in years, months, weeks and days |month1 = 1 |day1 = 1 |year1 = 1 }} → 2023 years, 11 months, 2 weeks and 6 days
Starting in March, the sequence basically alternates 3, 2, 3, 2, 3, but every five months there are two 31-day months in a row (July–August and December–January). [1] The fraction 13/5 = 2.6 and the floor function have that effect; the denominator of 5 sets a period of 5 months.
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In every cycle there are 71 years with an additional 53rd week (corresponding to the Gregorian years that contain 53 Thursdays). An average year is exactly 52.1775 weeks long; months (1 ⁄ 12 year) average at exactly 4.348125 weeks/month. An ISO week-numbering year (also called ISO year informally) has 52 or 53 full weeks. That is 364 or 371 ...
The 360-day calendar is a method of measuring durations used in financial markets, in computer models, in ancient literature, and in prophetic literary genres.. It is based on merging the three major calendar systems into one complex clock [citation needed], with the 360-day year derived from the average year of the lunar and the solar: (365.2425 (solar) + 354.3829 (lunar))/2 = 719.6254/2 ...
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