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:
“Some minds are as little logical or argumentative as nature; they can offer no reason or “guess,” but they exhibit the solemn and incontrovertible fact. If a historical question arises, they cause the tombs to be opened. Their silent and practical logic convinces the reason and the understanding at the same time. Of such sort is always the only pertinent question and the only satisfactory reply.”
—Henry David Thoreau (1817–1862)
“In the examples that I here bring in of what I have [read], heard, done or said, I have refrained from daring to alter even the smallest and most indifferent circumstances. My conscience falsifies not an iota; for my knowledge I cannot answer.”
—Michel de Montaigne (1533–1592)