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An airline ticket showing the price with ISO 4217 code "EUR" (bottom left) and not with euro currency sign " € "ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.
The East African shilling was introduced to Kenya, Tanganyika, and Uganda in 1921, replacing the short-lived East African florin at a rate of 2 shillings to 1 florin. The florin had been introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states.
An exchange rate between two currencies fluctuates over time. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100.
The East African Federation ( Swahili: Shirikisho la Afrika Mashariki) is a proposed political union of the eight sovereign states of the East African Community in the African Great Lakes region – Burundi, the Democratic Republic of the Congo, Kenya, Rwanda, South Sudan, Tanzania, Somalia and Uganda – as a single federated sovereign state. [6]
The East African Community ( EAC) is an intergovernmental organisation composed of eight countries in East Africa. The member states are the Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda and Tanzania. [5] Salva Kiir Mayardit, the president of South Sudan, is the ...
These included the Somali shilling; the Italian East African lira; and the African franc (in Francophone countries). Many post-colonial governments have retained the name and notional value unit system of their prior colonial era currency. For example, the British West African pound was replaced by the Nigerian pound, which was divided into ...
The ISO currency codes are XAF for the Central African CFA franc and XOF for the West African CFA franc. Both CFA francs have a fixed exchange rate (peg) to the euro: €1 = F.CFA 655.957 exactly, and member countries deposited half of their foreign exchange reserves with the French Treasury.
The dong ( Vietnamese: đồng) ( / dɒŋ /; Vietnamese: [ˀɗɜwŋ͡m˨˩]; sign: ₫ or informally đ in Vietnamese; [2] code: VND) has been the currency of Vietnam since 3 May 1978. [3] [4] It is issued by the State Bank of Vietnam. [5] The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having ...