1.00 United States Dollar is equal to 0.793974 Euros. 1.00 United States Dollar is equal to 0.702324 United Kingdom Pounds (GBP).
Fixed exchange rate
– in Europe (green & dark grey)
– in the European Union (green)
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain (//), is a sovereign state located off the north-western coast of continental Europe. The country includes the island of Great Britain (a term sometimes loosely applied to the whole state), the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the UK that shares a land border with another state: the Republic of Ireland. Apart from this land border, the UK is surrounded by the Atlantic Ocean, with the North Sea in the east, the English Channel in the south and the Irish Sea in the west.
A fixed exchange rate, sometimes called a pegged exchange rate, is also referred to as the Tag of particular Rate, which is a type of exchange rate regime where a currency's value is fixed against the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.
A fixed exchange rate is usually used to stabilize the value of a currency against the currency it is pegged to. This makes trade and investments between the two countries easier and more predictable and is especially useful for small economies in which external trade forms a large part of their GDP.
United States dollar
Currencies of the Caribbean
Guernsey (local issue: Guernsey pound)
Economic history of Canada
This is a list of the central banks and currencies of the Caribbean.
There are a number of currencies serving multiple territories; the most widespread are the East Caribbean dollar (8 countries and territories), the United States dollar (5) and the euro (4).
Cayman Islands dollar
Canadian historians until the 1980s tended to focus on economic history, including labour history. In part this is because Canada has had far fewer political or military conflicts than other societies. This was especially true in the first half of the twentieth century when economic history was overwhelmingly dominant. Many of the most prominent English Canadian historians from this period were economic historians, such as Harold Innis, Donald Creighton and Arthur R. M. Lower
Scholars of Canadian history were heirs to the traditions that developed in Europe and the United States, but frameworks that worked well elsewhere often failed in Canada. The heavily Marxist influenced economic history that dominates Europe has little relevance to most of Canadian history. A focus on class, urban areas, and industry fails to address Canada's rural and resource based economy. Similarly, the monetarist school that is dominant in the United States also has been difficult to transfer north of the border.
The Cayman Islands Dollar (currency code KYD) is the currency of the Cayman Islands. It is abbreviated with the dollar sign $, or alternatively CI$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. It is the 9th-highest-valued currency unit in the world and the highest-valued dollar unit.]citation needed[
The Cayman Islands dollar was introduced in 1972, replacing the Jamaican dollar at par. Jamaican currency and Cayman Islands then remained both legal tender until 1 August 1972 when Jamaican currency ceased to be legal tender. The Cayman Islands dollar has been pegged to the United States dollar at 1 Cayman Islands dollar = 1.2 U.S. dollars since 1 April 1974.
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 or quote currency and the currency that is quoted in relation is called the base currency or transaction currency.
Currency pairs are sometimes then written by concatenating the ISO currency codes (ISO 4217) of the base currency and the counter currency, separating them with a slash character. Often the slash character is omitted. A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. 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 counter currency.