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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 currencies at current or determined prices.
The tz database partitions the world into regions where local clocks all show the same time. This map was made by combining version 2023d with OpenStreetMap data, using open source software. [ 1] This is a list of time zones from release 2024a of the tz database. [ 2]
Time-based currency. In economics, a time-based currency is an alternative currency or exchange system where the unit of account is the person-hour or some other time unit. Some time-based currencies value everyone's contributions equally: one hour equals one service credit. In these systems, one person volunteers to work for an hour for ...
UTC+02:00. a The islands of Cape Verde and Canary Islands are to the west of the African mainland. b Mauritius and the Seychelles are to the east and north-east of Madagascar respectively. UTC+02:00 is an identifier for a time offset from UTC of +02:00.
Time zones of the world. A time zone is an area which observes a uniform standard time for legal, commercial and social purposes. Time zones tend to follow the boundaries between countries and their subdivisions instead of strictly following longitude, because it is convenient for areas in frequent communication to keep the same time.
UTC−08:00 (Zone 4 or Northwest Zone) – State of Baja California. UTC−07:00 (Zone 3 or Pacific Zone) – States of Baja California Sur, Chihuahua, Nayarit, Sinaloa and Sonora. UTC−06:00 (Zone 2 or Central Zone) – Most of Mexico. UTC−05:00 (Zone 1 or Southeast Zone) – State of Quintana Roo. Time in Mexico. Chile.
This is a list of the UTC time offsets, showing the difference in hours and minutes from Coordinated Universal Time (UTC), from the westernmost (−12:00) to the easternmost (+14:00). It includes countries and regions that observe them during standard time or year-round. The main purpose of this page is to list the current standard time offsets ...
Standard time zones of the world. The number at the bottom of each zone specifies the number of hours to add to UTC to convert it to the local time. As international commerce increased, the need for an international standard of time measurement emerged. Several authors proposed a "universal" or "cosmic" time (see Time zone § Worldwide time zones).
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