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The real exchange rate (RER) is the purchasing power of a currency relative to another at current exchange rates and prices. It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the ...
The USD to CAD exchange rate averaged 1.129 in July 2009 according to OANDA Historical Exchange Rates. Although the exact moment that the $1,075 figure was determined is unknown, it may be considered a reasonable value for the time.
List of nominal exchange rates. Graph showing the official exchange rate of 1 CNY to the US dollar between 1981 and 2009. Official historical average exchange rates of Renminbi. for major foreign currencies by year [8] (Chinese yuan per 100 foreign currency units) Year. USD.
The rial ( Persian: ریال ایران, romanized : riyâl-è Irân; sign: ﷼ ; abbreviation: Rl (singular) and Rls (plural) [15] [16] or IR [17] in Latin; ISO code: IRR) is the official currency of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power the dinar is not practically used. While POS terminals are in ...
Rwanda used the currency of the Belgian Congo until 1960, when the Rwanda and Burundi franc was introduced. Rwanda began issuing its own francs in 1964, two years after gaining independence. A proposal exists to introduce a common currency, a new East African shilling, for the five member states of the East African Community.
The Malaysian ringgit ( / ˈrɪŋɡɪt /; plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; formerly the Malaysian dollar) is the currency of Malaysia. Issued by the Central Bank of Malaysia, it is divided into 100 cents ( Malay: sen ).
Central Bank of the Argentine Republic. The peso (established as the peso convertible) is the currency of Argentina since 1992, identified within Argentina by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 centavos and then Central Bank introduced new issues with ...
Xe.com ( Xe) is a Canada-based online foreign exchange tools and services company headquartered in Newmarket, Ontario. It is best known for its online currency converter application that offers exchange rate information, international money transfers, and other currency-related services via its website, mobile apps, and other online channels.