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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.
Timeline of the top 5 countries. The five countries with the largest foreign exchange reserves almost all have reserves of at least 500 billion USD and higher and have maintained such an amount for at least a week. At present there are only six countries whose reserves are at such a figure; this includes China, Japan, Switzerland, India, Russia ...
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.
USD/ SEK exchange rate. USD/ CHF exchange rate. The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging ...
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In December 1923 the exchange rate was 4,200,000,000,000ℳ (4.2 × 10 12 marks) to 1 US dollar. In 1923, the rate of inflation hit 3.25 × 10 6 percent per month (prices double every two days). Beginning on 20 November 1923, 1,000,000,000,000ℳ ( 10 12 ℳ, 1 trillion marks) were exchanged for 1 Rentenmark , so that RM 4.2 was worth 1 US ...
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