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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 ...
This is a list of circulating fixed exchange rate currencies, ... Euro: 491.96775 Cook Islands dollar: New Zealand dollar: 1 Cuban peso: U.S. dollar: 24 Danish krone:
The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars. The most traded currency pairs in the world are called the Majors.
(Reuters) -The euro dipped against the dollar on Thursday as traders reined in bets of more interest rate cuts by the European Central Bank, while broader currency moves were muted in U.S. holiday ...
4.2 Euro as exchange rate anchor. 4.3 Rand as exchange rate anchor. 4.4 Composite exchange rate anchor. ... Hong Kong dollar as exchange rate anchor
Euro-US Dollar exchange rate, from 1999. Euro per U.S. dollar 1999–2015 Year Highest ↑ Lowest ↓ Date Rate Date Rate 1999 03 Dec €0.9985 05 Jan €0.8482
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After its introduction on 4 January 1999 its exchange rate against the other major currencies fell reaching its lowest exchange rates in 2000 (3 May vs sterling, 25 October vs the U.S. dollar, 26 October vs Japanese yen). Afterwards it regained and its exchange rate reached its historical highest point in 2008 (15 July vs US dollar, 23 July vs ...
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