Rate of exchange Sentence Examples
In October the rate of exchange was at par, the premium on gold had disappeared, and by the end of the year the budget showed a surplus of sixteen millions.
The rate of exchange had become adverse (by May 1921 £i =1,850-1,900 Latvian rubles), and imported goods were getting more and more expensive to the consumer.
In 1899 the rate of exchange moved between 710% and 206% premium on gold.
United States' notes and silver are usually received at par; those of other nations are subject to a varying rate of exchange.
Besides these ten-mark pieces, there are Doppclkronen (double crowns), about equivalent in value to an English sovereign (the average rate of exchange being 20 marks 40 pfennige per LI sterling), and, formerly, half-crowns (halbe Kronen =5 marks) in gold were also issued, hut they have been withdrawn from circulation.
The new customs tariff, which came into force at the same time, was an increase of 70% on the rates of 1904, and provided that the duties should be paid in gold, or in paper at the current rate of exchange.
Bruges was at the height of its prosperity in the 14th century, when it was the northern counterpart of Venice and its Bourse regulated the rate of exchange in Europe.
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction.