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:
“The analogy between the mind and a computer fails for many reasons. The brain is constructed by principles that assure diversity and degeneracy. Unlike a computer, it has no replicative memory. It is historical and value driven. It forms categories by internal criteria and by constraints acting at many scales, not by means of a syntactically constructed program. The world with which the brain interacts is not unequivocally made up of classical categories.”
—Gerald M. Edelman (b. 1928)
“Histories are more full of examples of the fidelity of dogs than of friends.”
—Alexander Pope (16881744)
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