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27 - Australia, Bahamas, Barbados, Belize, Bermuda, Brunei, Canada, Cayman Islands, Cook Islands, East Caribbean, Fiji, Guyana, Hong Kong, Jamaica, Kiribati, Liberia, Namibia, New Zealand, Samoa (called the "tala"), Singapore, Solomon Islands, Suriname, Taiwan, Trinidad and Tobago, Tuvalu, United States, and Zimbabwe all call their currency the dollar (at least when referring to it in English). This excludes countries like El Salvador which uses the US dollar as its official currency, and countries like Cambodia which uses the US dollar as its effective currency.
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What would the exchange rate be on fractional currency?
First, the term fractional currency is used in relation to a main currency - the U.S. dollar or the euro, for example. A fractional type of currency is oftentimes 1/100 of the main currency. It simply depends on what you are converting to. For example, one dollar would be equivalent to 100 cents.
What is meant by the term 'commodity currency'?
Commodity currency is the name given given to currencies of countries that depend heavily on the export of certain raw materials for income. These is typical for developing countries.
How is the term valuta properly defined?
Vauvta relates to currency and the exchange rates. For example, the valuta is the rate of one currency, such as the American Dollar to another country's currency, such as the Euro. It is Latin for the word "value".
What currency can be used if us dollar collapses?
This question is hard to answer because there are too many scenarios. I list a few:Gold or Silver backed dollarFiat dollar againGold and Silver (short term)World currency (Unity, Bancor, ...)Digital money (chip)In case of a US dollar collapse its very likely that all banks default as well. I would not speculate that any other currency (like Swiss franc) would be accepted anywhere.
What was value of piastre to dollar in 1970?
The piastre was a unit of currency originally equal to one silver dollar or peso. It served as major unit of currency of French Indochina and in the Ottoman Empire from 1885 to 1952. The term is unofficially used in Quebec Acadian slang as reference to the Canadian dollar.
What country uses the ringgit as its currency?
Actually, Ringgit is the Malay term for Dollar. Country that use Ringgit is 1 - Malaysia (All language; Malay, English, Chinese, Indian Language etc). Current Currency Symbol : RM. Former Currency Symbol : $ or M$ 2 - Brunei (Also called Dollar in English) Currency Symbol : $ or B$ 3 - Singapore (Also called Dollar in English and Yuan in Chinese) Currency Symbol : $ or S$
How many countries use the term 'dollar' in their curreny?
Other than the United States, there is the:- Canadian dollar- Australian dollar- New Zealand dollar- Brunei dollar- Hong Kong dollar- Singapore dollar- Taiwan New dollar= 8 countries use the dollar in their currencyThis is wronga) Hong Kong is not a country.b) Full list of countries (as in UN) that use the word "dollar" in their currency are:Antigua and BarbudaAustraliaBahamasBarbadosBelizeBruneiCanadaDominicaEl SalvadorFijiGrenadaGuyanaJamaicaKiribatiLiberiaNamibiaNauruNew ZealandSt Kitts and NevisSt LuciaSt Vincent and the GrenadinesSingaporeSolomon IslandsSurinamTaiwanTrinidad and TobagoTuvaluUSAZimbabweThese countries use the US dollar albeit some call it something else:East TimorEcuadorIraq (nominally)PalauPanama
What is the money in North Dakota called?
The official term is USD (ISO 4217 code) which is the official currency for Panama, Ecuador, Caribbean Netherlands, British Virgin Islands, Turks and Caicos Islands and Bermuda. The dollar is the official currency of all of the US territories and in all 50 of the United States of which North Dakota is one. It is widely accepted in countries around the world as the American dollar should be.
Is there a difference between pound and dollar?
The pound is term for the British currency while the dollar is American. Banks all over the world compare their currencies value to that of the American dollar. Right now the pound is at 1.53280.
What money term refers to a US dollar used in the money markets in Europe?
Eurodollars Not to be confused with 'Euros', which is a totally different currency.
Where do they use bones as a currency?
There is historical evidence of bones being used as a form of currency in some ancient societies, such as on the island of Yap in Micronesia. The Yapese people used large limestone discs, known as Rai stones, as a form of currency. These stones were valued based on their size, history, and scarcity.
How many countries will revalue it's currency soon?
Currencies currently speculated to revalue soon: Iraq, China, India, and Vietnam. The probability and timetable for each currency however, is unknown. Currency investing is generally a long term investment and you have to be in it for the long haul. Iraq and India have the best opportunities as both are growing and the currency is steadily appreciating.
