0
The fixed-exchange-rate system collapsed.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Is there enough gold to represent the paper currency?
No. But it doesn't matter because U.S. Dollars are not convertible to gold. The United States, or any government for that matter, is no longer on the Gold Standard. The value of the US Dollar is measured in the worlds faith in it.
Socialist Federal Republic of Yugoslavia banknotes convertible to us dollar where do you go to convert old banknotes for cash?
http://coinmill.com
How much is a 100 apaxmai ekaton in US dollar?
This is a measure of Greek Drachmas, which are no longer used. Drachmas have no value in US dollars.
Are Gold and us dollar correlated?
if you mean in value? no they are no longer linked, they USE to be but no longer are, but they should still be.
How much is 100000 lire in US dollars?
The Italian lira was replaced by the euro in 2002 and is no longer convertible to US dollars. At that time 100000 lira was equivalent to about US$57.
Is there a three thousand dollar us paper currency?
no There's no longer even a thousand dollar bill anymore.
Which president change the us dollar to fiat currency?
This occurred when Lyndon Johnson was president. John Kennedy took preliminary steps.
How many Cuban pesos equal one dollar?
The official exchange rate is 1 Cuban convertible peso (CUC) equals 1 US dollar. However, the parallel market exchange rate may differ.
Which president formally changed the US dollar to fiat currency?
This occurred when Lyndon Johnson was president. John Kennedy took preliminary steps.
What is correct 'a US dollar' or 'an US dollar'?
a us dollar
In 1971 the US dollar became part of a total fiat system meaning what?
It could no longer be converted into gold.
Which president formally changed the US dollar to a fiat currency?
This occurred when Lyndon Johnson was president. John Kennedy took preliminary steps.
