Currency Board - Historical Examples

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:

    What is the historical function of Parliament in this country? It is to prevent the Government from governing.
    George Bernard Shaw (1856–1950)

    It is hardly to be believed how spiritual reflections when mixed with a little physics can hold people’s attention and give them a livelier idea of God than do the often ill-applied examples of his wrath.
    —G.C. (Georg Christoph)