Currency
18 entries
Euro Introduction
The euro was introduced as an accounting currency on January 1, 1999, and as physical notes and coin...
Swiss Franc Shock 2015
On January 15, 2015, the Swiss National Bank unexpectedly removed the francs exchange rate cap again...
Bitcoin Whitepaper
On October 31, 2008, an anonymous person or group called Satoshi Nakamoto published a 9 page paper t...
Bretton Woods Agreement
In July 1944, 730 delegates from 44 nations met at Bretton Woods, New Hampshire, to design the postw...
Roman Currency Debasement
The gradual reduction of silver content in Roman coins contributed to economic decline. The denarius...
Greenbacks
Paper currency issued by the US government during the Civil War, so called because of the green ink ...
Gold Standard Act 1900
The Gold Standard Act formally placed the United States on the gold standard, fixing the dollar at 2...
Bretton Woods Detail
The Bretton Woods Conference in July 1944 was formally called the United Nations Monetary and Financ...
Hyperinflation in Zimbabwe
Zimbabwe experienced the second worst hyperinflation in history in 2008. Annual inflation reached 89...
Weimar Hyperinflation
In 1923, Germany experienced devastating hyperinflation. The mark fell from 4.2 per dollar in 1914 t...
Venezuelan Hyperinflation
Venezuela experienced hyperinflation starting in 2016, peaking at an estimated 1.7 million percent i...
Hungarian Hyperinflation
Hungary in 1946 experienced the worst hyperinflation in recorded history, surpassing even Zimbabwe. ...
Bitcoin ETF Approval
On January 10, 2024, the SEC approved the first US spot Bitcoin ETFs. The approval came after a deca...
Special Drawing Rights
Special Drawing Rights were created by the IMF in 1969 as an international reserve asset. SDRs are n...
Plaza Accord
The Plaza Accord was an agreement in September 1985 by the G5 nations (US, UK, France, West Germany,...
Nixon Shock
On August 15, 1971, President Nixon ended the convertibility of the US dollar into gold, effectively...
Ecuador Dollarization
In January 2000, Ecuador abandoned its currency, the sucre, and adopted the US dollar. The decision ...
Argentina Peg
In 1991, Argentina established a currency board pegging the peso to the US dollar at 1 to 1. The peg...