Definitions

1. Monetary unit, the standard of a national currency, as the dollar in the United States, the pound in England, the franc in France, the mark in Germany.
2. The monetary unit was set to be the speciedaler (rixdollar), divided into 120 skilling s or five ort (" rigsort ") of 24 skilling s each.
3. The Monetary Unit is dedicated to bringing you a broad and unique selection of coins, banknotes and stamps from around the world.
4. The monetary unit is the Mauritian Rupee (Rs.) which is divided into 100 cents (cs).
5. The monetary unit was based on one basic pure silver patron of 23.91 grammes.

Portuguese Overseas Escudo

1. Monetary unit: Portuguese overseas escudo.

Standard

1. A tael of silver was made the standard monetary unit, nominally equivalent to 10 mace of ten candareens each, or 1000 copper cash.
2. Coin or paper currency in a denomination less than a standard monetary unit.

Australia

1. Australian Dollar (AUD) is the official monetary unit of Australia.

Israel

1. The monetary unit of the modern state of Israel is the sheqel, named after this ancient unit.

Germany

1. Germany: On October 11, 1924 the monetary unit of Germany was changed from the mark to the reichsmark, where 1 reichsmark = 1,000,000,000,000 mark.

Kingdom

1. Buqsha is a former monetary unit of the Kingdom of Yemen.

Rate

1. Monetary unit: peso boliviano, Bolivian peso replaced the boliviano at a rate of 1,000 old to 1 new.

Means

1. A: It means a monetary unit that contains a specific weight of metal.

Name

1. Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City.

Commodity

1. This meant that the monetary unit was a commodity of honest weight and purity.

Cent

1. In many national currencies, the cent is a monetary unit that equals 1 ⁄ 100 of the basic monetary unit.
2. Cent - One one-hundredth of the standard monetary unit.

Yuan

1. One of the characters in their inscription is often a monetary unit or weight which is normally read as yuan.
2. The Yuan is the basic monetary unit in China.

Manchukuo

1. The Yuan of Manchukuo was a monetary unit created by Japanese economists and military thinkers in June 1932.

Gold

1. In other words, the economists have agreed that any monetary unit in the world should be backed with gold.

European Union

1. Luxembourg ratified the Maastricht Treaty on European Union in 1992 and adopted the euro as its official monetary unit in 1999.

Royal Prussia

1. Royal Prussia enjoyed substantial autonomy in its affiliation to the Crown of Poland - it had its own Diet, treasury and monetary unit and armies.
2. Until the 1569 Union of Lublin, Royal Prussia enjoyed substantial autonomy in the Kingdom of Poland - it had its own Diet, treasury and monetary unit.

Goods

1. The amount of goods and services that a monetary unit of income can buy.

Purchasing Power

1. So what is crucial for money is its PURCHASING POWER: the amount of goods that a monetary unit can be exchanged for.
2. But the fundamentals are precisely these: if you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Counterfeiters

1. This assumption is overturned when counterfeiters expand the money supply, thereby lowering the purchasing power of the monetary unit.
2. The only legitimate, Constitutional role of government in monetary policy is to protect the integrity of the monetary unit and defend against counterfeiters.

Different Goods

1. Society considers it convenient to use a monetary unit to determine relative costs of different goods and services.

Official Currency

1. MONETARY UNIT: The Luxembourg franc was replaced by the euro as official currency as of 2002.

Legal Tender

1. Monetary unit: Indian rupee (also legal tender), ngultrum at par with Indian rupee (1974) which it replaced and which is still in use.

Peseta

1. The peseta ceased to be legal tender in 2002, when the euro, the monetary unit of the European Union, was adopted as the country's sole monetary unit.

Zealand

1. The shilling was also formerly the monetary unit of Australia, Austria, New Zealand, and Ireland.

Zealand Dollar

1. Under the Decimal Currency Act of 1964 a system of decimal currency was introduced in New Zealand in 1967, with the New Zealand dollar as the monetary unit.

Spanish Colonies

1. Real - A former basic monetary unit of Spain and Spanish colonies in the Americas.

Pound Sterling

1. At one time, the British monetary unit was a troy pound of silver, which became known as a pound sterling.

Mauritian Rupee

1. Currency The monetary unit is the Mauritian Rupee (Rs.) which is divided into 100 cents (cs).

Nation

1. When an elite bureaucracy controls the monetary unit of a nation, it is not a real money unit but a political money unit.

Value

1. It was impossible that, under such conditions, the value of credit (in other words the value of the monetary unit) should not fall.
2. Counterfeiting decreases the value of the monetary unit generally.
3. Par value The legally established value of the monetary unit of one country in terms of that of another.

National Currency

1. Land so beautiful." MONETARY UNIT: The East Caribbean dollar (EC $) of 100 cents is the national currency.

Rupiah

1. The Rupiah (Rp) is the currency of Indonesia (ISO 4217 currency code IDR). The name derives from the Indian monetary unit rupee.

Dollar

1. The essence of a gold standard is that the monetary unit (the "dollar," "franc," "mark," etc.) is defined as a certain weight of gold.
2. A gold standard defines the dollar (or whatever the name of the monetary unit) as a specified mass of gold.

Units

1. We will find, then, that without a monetary unit we will have to express the value of a commodity in units of other commodities which are to be exchanged.

Unit

1. The monetary unit is, in essence, a unit of weight of a specific valuable, market-produced commodity.

Shillings

1. The monetary unit of the United Kingdom, composed of 20 shillings (s.) of 12 pence (d.
2. The basic monetary unit of the United Kingdom, worth 20 shillings or 240 old pence before the decimalization of 1971.

Pound

1. Prior to 1528 the British monetary unit also known as the pound was a Tower pound of silver (worth about $157.50 US* or about £78.75* today).

Silver

1. The pound symbol is derived from the Latin word for a pound weight, libra, since a pound of silver was the standard on which the monetary unit was based.
2. The bimetallic standard simply stated that every monetary unit in the United States had to be backed by either gold or silver.
3. The monetary law of June 2, 1846 named the silver real as the monetary unit.

Seychelles

1. Today, it is the name for the monetary unit of account in India, Sri Lanka, Burma, Nepal, Pakistan, Mauritius, and Seychelles.
2. The rupee is also the name of the monetary unit used in Mauritius, Nepal, and Seychelles.

Coins

1. All of these coins are representative of the monetary unit currently in force and were minted before January 1st, 1996.

Escudo

1. The peseta replaced the escudo as the chief monetary unit, at a rate of 2½ pesetas = 1 escudo.

Peso

1. Peso is now the name of the monetary unit of several former Spanish colonies.
2. From México to Colombia to Argentina, the peso is the standard monetary unit.

Reales

1. The monetary unit in the former Spanish colonies was the silver peso, with a value of 8 reales.
2. It changed the name granadino to peso and made it the monetary unit, worth 10 reales, older pesos 666 fine becoming 8-décimo pieces.

Currency

1. A currency is a unit of money (or monetary unit).
2. The rupiah is the monetary unit of Indonesia (currency code IDR).
3. Historically gold was used as the currency and monetary unit which corresponded to a certain amount of gold (Zeitfragen 2002).

Paper Currency

1. MONETARY UNIT: The pound sterling (£) is a paper currency of 100 pence.
2. MONETARY UNIT: The New Zealand dollar (NZ$) is a paper currency of 100 cents; it replaced the New Zealand pound on 10 July 1967.
3. MONETARY UNIT: The Maldivian rupee, or rufiyaa (MR), is a paper currency of 100 laris.

Monetary Unit

1. Pataca is the monetary unit of Macau (currency code MOP). Monetary policy is managed by the Monetary Authority of Macau.
2. Usually (gold or silver) coins of intrinsic value commensurate with the monetary unit (commodity money), have been the norm.
3. The unit of currency is the Netherlands Antilles guilder, the international symbol is ANG. This monetary unit is (like the US dollar) divided into 100 cents.

Categories

1. Paper Currency
2. National Currency
3. Encyclopedia of Keywords > Society > Economics > Purchasing Power
4. Economics > Money > Currency > Pound Sterling
5. States > Brandenburg > Prussia > Royal Prussia
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