Search results
Results From The WOW.Com Content Network
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
The renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency, and has an official exchange rate, the CNY plays an important role in the world economy and international trade.
This is a list of circulating fixed exchange rate currencies, ... 1 Nepalese rupee: Indian rupee: 1.6 Netherlands Antillean guilder: U.S. dollar: 1.79 Niue dollar:
The Indian rupee weakened on Wednesday, tracking mixed Asian cues and a weaker Chinese yuan, with traders expecting a narrow trading range ahead of the release of minutes of the U.S. Federal ...
Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 code Symbol or ... Indian rupee: INR ₹ 1.7%: 1.6%: 0.1pp Mexican peso: MXN ...
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.
This is seen as a move to a more fully free-market floating of the Renminbi. The Renminbi has appreciated 22 percent since the mechanism reform in 2005 of the Yuan exchange rate. [9] However, during the onset of the 2007-2008 global financial crisis, the renminbi was unofficially repegged to the US dollar. It was again depegged from the dollar ...
In 1850, the official conversion rate between the pound sterling and the rupee was £0 / 2s / 0d (or £1:₹10), while between 1899 and 1914, the official conversion rate was set at £1 to 1s to 4d (or £1:₹15). However, this was just half of market exchange rates between 1893 and 1917. The gold-to-silver ratio expanded between 1870 and 1910 ...