Currency

18 entries

Euro Introduction

EventCurrency1999

The euro was introduced as an accounting currency on January 1, 1999, and as physical notes and coin...

Swiss Franc Shock 2015

EventCurrency2015

On January 15, 2015, the Swiss National Bank unexpectedly removed the francs exchange rate cap again...

Bitcoin Whitepaper

EventCurrency2008

On October 31, 2008, an anonymous person or group called Satoshi Nakamoto published a 9 page paper t...

Bretton Woods Agreement

AgreementCurrency1944

In July 1944, 730 delegates from 44 nations met at Bretton Woods, New Hampshire, to design the postw...

Roman Currency Debasement

CrisisCurrency270

The gradual reduction of silver content in Roman coins contributed to economic decline. The denarius...

Greenbacks

CurrencyCurrency1862

Paper currency issued by the US government during the Civil War, so called because of the green ink ...

Gold Standard Act 1900

LegislationCurrency1900

The Gold Standard Act formally placed the United States on the gold standard, fixing the dollar at 2...

Bretton Woods Detail

AgreementCurrency1944

The Bretton Woods Conference in July 1944 was formally called the United Nations Monetary and Financ...

Hyperinflation in Zimbabwe

CrisisCurrency2008

Zimbabwe experienced the second worst hyperinflation in history in 2008. Annual inflation reached 89...

Weimar Hyperinflation

CrisisCurrency1923

In 1923, Germany experienced devastating hyperinflation. The mark fell from 4.2 per dollar in 1914 t...

Venezuelan Hyperinflation

CrisisCurrency2016

Venezuela experienced hyperinflation starting in 2016, peaking at an estimated 1.7 million percent i...

Hungarian Hyperinflation

CrisisCurrency1946

Hungary in 1946 experienced the worst hyperinflation in recorded history, surpassing even Zimbabwe. ...

Bitcoin ETF Approval

EventCurrency2024

On January 10, 2024, the SEC approved the first US spot Bitcoin ETFs. The approval came after a deca...

Special Drawing Rights

FoundingCurrency1969

Special Drawing Rights were created by the IMF in 1969 as an international reserve asset. SDRs are n...

Plaza Accord

AgreementCurrency1985

The Plaza Accord was an agreement in September 1985 by the G5 nations (US, UK, France, West Germany,...

Nixon Shock

EventCurrency1971

On August 15, 1971, President Nixon ended the convertibility of the US dollar into gold, effectively...

Ecuador Dollarization

EventCurrency2000

In January 2000, Ecuador abandoned its currency, the sucre, and adopted the US dollar. The decision ...

Argentina Peg

PolicyCurrency1991

In 1991, Argentina established a currency board pegging the peso to the US dollar at 1 to 1. The peg...