Historical Examples
- Argentine peso, pegged against the United States dollar from 1991-2002.
- Bahraini dinar, fixed against the pound sterling from 1966-1973.
- Bahamian pound, fixed against the pound sterling from 1921–1966
- Bahamian dollar was fixed against to the United States dollar from 1966-1968.
- British West African pound, fixed against the pound sterling from 1913-1964.
- Irish pound, pegged against pound sterling from independence until 1979.
- East African shilling, fixed against the pound sterling from 1921-1969.
- Estonian kroon, fixed against the Deutsche Mark from independence in 1992 until 1999. Fixed to the Euro thereafter until 2011.
Read more about this topic: Currency Board
Famous quotes containing the words historical and/or examples:
“By contrast with history, evolution is an unconscious process. Another, and perhaps a better way of putting it would be to say that evolution is a natural process, history a human one.... Insofar as we treat man as a part of nature—for instance in a biological survey of evolution—we are precisely not treating him as a historical being. As a historically developing being, he is set over against nature, both as a knower and as a doer.”
—Owen Barfield (b. 1898)
“There are many examples of women that have excelled in learning, and even in war, but this is no reason we should bring ‘em all up to Latin and Greek or else military discipline, instead of needle-work and housewifry.”
—Bernard Mandeville (1670–1733)