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A country code is a short alphanumeric identification code for countries and dependent areas. Its primary use is in data processing and communications. Several identification systems have been developed.
The CFA franc is the name of two currencies used by 210 million people in fourteen African countries: the West African CFA franc, used in eight West African countries, and the Central African CFA franc, used in six Central African countries. Although separate, the two CFA franc currencies have always been at parity and are effectively interchangeable. The ISO currency codes are XAF for the Central African CFA franc and XOF for the West African CFA franc.
The European Currency Unit was a unit of account used by the European Economic Community and composed of a basket of member country currencies. The ECU came in to operation on 13 March 1979 and was assigned the ISO 4217 code. The ECU replaced the European Unit of Account (EUA) at parity in 1979, and it was later replaced by the euro (EUR) at parity on 1 January 1999.
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The UIC Franc was a virtual currency unit used by the International Union of Railways (UIC). It was introduced in 1976 after the Gold Franc was abandoned for this purpose due to instability of the international monetary system, and was replaced by the European Currency Unit on 1 January 1990.
ISO 3166-1 alpha-2 codes are two-letter country codes defined in ISO 3166-1, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), to represent countries, dependent territories, and special areas of geographical interest. They are the most widely used of the country codes published by ISO, and are used most prominently for the Internet's country code top-level domains. They are also used as country identifiers extending the postal code when appropriate within the international postal system for paper mail, and have replaced the previous one consisting one-letter codes. They were first included as part of the ISO 3166 standard in its first edition in 1974.
This is a list of international trade topics.
The Bretton Woods system of monetary management established the rules for commercial relations among the United States, Canada, Western European countries, and Australia and other countries, a total of 44 countries after the 1944 Bretton Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The Bretton Woods system required countries to guarantee convertibility of their currencies into U.S. dollars to within 1% of fixed parity rates, with the dollar convertible to gold bullion for foreign governments and central banks at US$35 per troy ounce of fine gold. It also envisioned greater cooperation among countries in order to prevent future competitive devaluations, and thus established the International Monetary Fund (IMF) to monitor exchange rates and lend reserve currencies to nations with balance of payments deficits.
The Maldivian rufiyaa is the currency of the Maldives. The issuance of the currency is controlled by the Maldives Monetary Authority (MMA). The most commonly used symbols for the rufiyaa are MVR and Rf. The ISO 4217 code for Maldivian rufiyaa is MVR. The rufiyaa is subdivided into 100 laari.
The lira or pound was the currency of Malta from 1972 until 31 December 2007. One lira was divided into 100 cents, each of 10 mils. After 1986 the lira was abbreviated as Lm, although the original £M sign continued to be used unofficially. In English the currency was still frequently called the pound even after its official English language name was changed to lira.
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The WIR Bank, formerly the Swiss Economic Circle, or WIR, is an independent complementary currency system in Switzerland that serves businesses in hospitality, construction, manufacturing, retail and professional services. WIR issues and manages a private currency, called the WIR franc, which is used in combination with the Swiss franc to generate dual-currency transactions.
The SUCRE was a regional currency proposed for commercial exchanges between members of the regional trade bloc Bolivarian Alliance for the Americas (ALBA), which was created as an alternative to the Free Trade Agreement of the Americas (FTAA). The SUCRE was intended to replace the US dollar as a medium of exchange.
The United States dollar was established as the world's foremost reserve currency by the Bretton Woods Agreement of 1944. It claimed this status from sterling after the devastation of two world wars and the massive spending of the United Kingdom's gold reserves. Despite all links to gold being severed in 1971, the dollar continues to be the world's foremost reserve currency. Furthermore, the Bretton Woods Agreement also set up the global post-war monetary system by setting up rules, institutions and procedures for conducting international trade and accessing the global capital markets using the US dollar.
The gold parity unit of account was the unit of account used by the European Coal and Steel Community (ECSC) from 1958, and in the European Economic Community from 1962 until the early 1970s. The unit was fixed to the value of gold under the Bretton Woods system, and was equivalent to the US dollar which the ECSC had previously used.
SIX Interbank Clearing AG, based in Zürich, Switzerland, is a subsidiary of SIX Group.
References
- ↑ https://www.econstor.eu/bitstream/10419/173757/1/wp301en.pdf [ bare URL PDF ]
- ↑ "Timeline of the European Union | EU Facts". Europeaninstitute.org. Archived from the original on 2010-05-14. Retrieved 2010-06-30.
- ↑ The Units of Account as a Factor of Integration CEC 87/75
- ↑ European Union Public Finance, European Commission, ISBN 978-92-79-06937-6, published 2008, accessed 2019-05-28
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