We've teamed up with leading data providers to present you with up-to-date and precise exchange for personal, corporate, and organizational what you see is accurate. KWD - Kuwaiti Dinar. PHP - Philippine Peso.
During World War I, countries had abandoned the gold standard. Bank of England. The Bretton Woods system broke down, culminating in the Nixon shock of , ending convertibility; but the US dollar has remained the de facto basis of the world monetary system, though no longer de jure , with various European currencies and the Japanese yen also being prominent in foreign exchange markets. Tools Tools. That is, the cost borne by the buyer confers no benefit on the seller.
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