The ratio of foreign currencies to Chinese currencies, and the proportion of currencies in the world

Currency Name: Spot Price**PriceCash**PriceSpot PriceSell PriceCash Selling PriceBank of China Converted PriceRelease DateRelease Time: Australian Dollar: 44:35 Canadian Dollar:

44:35CHF: 44:

DKK 35: EUR 44: EUR 35:

44:35GBP:44:

35 HKD: 44:35 IDR:

44:35 yen:44:

35 KRW: 44:35 MOP:

44:35 MYR: 44:

NOK 35: NZ $44: 35:

44:35PHP:44:

35 rubles: 44: 35 SEK:

44:35SGD:44:

35 Thai Baht: 44:35 New Taiwan Dollar:

44:35 USD: 44:35

Date: 19 11 2013

**Price: Ask price.

Currency ** Chinese Yuan (CNY) Chinese Yuan (CNY) Australian Dollar AUD

CAD in Canadian dollars

CHF CHF

Euro EUR

GBP GBP

HKD

JPY JPY

This ** can be queried to the comparison of RMB foreign exchange of various banks.

Uncertainty: The market economy is changing all the time.

The proportion of national currencies in the world's currencies: the US dollar (the proportion of payments, the proportion of euros (the proportion of payments and the proportion of payments in pounds sterling (and the share of international payments in renminbi) rose to the Japanese yen (Canadian dollar (and Australian dollar (and Hong Kong dollar ().

Extended information] Currency (CCY) is a medium for purchasing goods and preserving wealth, and the contract between the owner of the property and the market on the right of exchange is an agreement between the owner. It reflects the economic cooperation between the individual and society. The contractual nature of money determines that it can have different forms of expression, such as general equivalents, *** money, paper money, electronic money, etc.

There is still a great deal of debate about the nature of money. The concept of money in economics is varied, initially defined in terms of the function of money, and later developed as a definition of money as an economic variable or policy variable.

Traditionally, monetary definitions have been as follows: generally accepted goods used to pay for goods and services and to settle debts; Items that act as a medium of exchange, value, storage, standards and deferred payment standards; Excess supply or demand will result in excess demand for other assets or supply of assets; a temporary habitat for purchasing power; No interest payment and as a liquid asset of the public's net wealth; the most liquid assets related to national income, etc.; In fact, the above six articles are all functional definitions of money.

The latest monetary theory holds that money is a contract between the owner and the market about the right of exchange, and it is basically an agreement between the owners of each other. I give what I have to the market, in exchange for what I need, and the currency is the agreement of this process.

This theory can withstand rigorous falsification and logical argumentation, explain all economic phenomena related to money, and be tested by all economic practices, putting an end to the centuries-old debate over the nature of money.

Money, by its very nature, is a contract between owners about the right of exchange, and the different forms of money are essentially unified. In the past, due to people's unclear understanding of the nature of money, they mistakenly divided money into different types from different angles, such as: according to the commodity value of money, it is divided into two categories: debt money and non-debt money; According to whether the exchange ratio of *** is agreed, it is divided into convertible currency and non-convertible currency and so on.

The money ratio refers to the ratio between the available monetary reserves in the banking system and the required deposits. This ratio is often used to measure a bank's ability to pay its debts and how much reserves it has available for loans. In the financial world, the monetary ratio is an important concept as an indicator of monetary policy.

More specifically, the monetary ratio refers to the ratio between monetary reserves and demand deposits in the banking system. Monetary reserves refer to the amount of cash and deposits that banks maintain with central banks and other banks, while demand deposits refer to deposits that banks collect from customers. Monetary reserves are the basis for loans from banking institutions, so the higher the level of monetary reserves, the larger the amount of bank loans.

Monetary policy makers often use monetary ratios as a tool to assess the strength of the banking system and to ensure that inflation is under control. Monetary policy usually adjusts the requirements for the level of monetary reserves to ensure the stability of the banking system and to give banks the ability to lend to customers. By adjusting the level of banks' monetary reserves, monetary policymakers are able to control the amount of money, thereby promoting or constraining economic growth.

In addition, the currency ratio can also reflect the stability of a country's monetary system and the magnitude of financial risk. A high level of ratio means a stronger banking system, and monetary policymakers can soar to better control the market. Conversely, a low level of currency ratios may indicate something wrong with the financial markets, i.e., higher financial risk.

In short, the money ratio is the ratio between monetary reserves and demand deposits in the banking system, and it is an important indicator of monetary policy. Currency ratios can help control the amount of money and assess the strength of the banking system and the degree of financial risk. <>

Query the exchange rate can be through the home page of China Merchants Bank, the right side of the real-time financial information - foreign exchange real-time exchange rate query price, the exchange rate fluctuations in real time, for reference only, you can see the data of 2011-02-16 and after every day. (New Zealand dollar can be seen for each day after 2014-09-22).

1 USD = 1 RMB = RMB 1.

1 Singapore Dollar = Chinese Yuan.

1 Indian Rupee = Chinese Yuan.

1 Thai Baht = Chinese Yuan.

1 Malaysian Ringgit = Chinese Yuan.

IDR 1 = Chinese Yuan.

1 South Korean Won = Chinese Yuan.

1 Japanese Yen = Chinese Yuan.

1 Russian Ruble = Chinese Yuan.

1 Australian Dollar = Chinese Yuan.

1 Canadian Dollar = Chinese Yuan.

1 Swiss Franc = Chinese Yuan.

1 Danish Krone = Chinese Yuan.

1 HKD = RMB.

1 Hungarian Forint = Chinese Yuan.

1 Mexican Peso = Chinese Yuan.

1 Norwegian Krone = Chinese Yuan.

1 New Zealand Dollar = Chinese Yuan.

1 Swedish krona = Chinese yuan.

1 South African currency = RMB This is just a time period of exchange rate ratio, the exchange rate ratio is always changing.

Currency: Buying, selling.

Mid-Rate, Spot** Price, Cash** Price, Selling Price, Benchmark Price: US Dollar (USD).

HKD

JPY JPY

Euro EUR

GBP GBP

Swiss Franc (CHF) - Canadian Dollar (CAD) - Australian Dollar (AUD) - Singapore Dollar (SGD) - Danish Krone (DKK) - Norwegian Krone (NOK) - Swedish Krona (SEK) - Pataca (MOP) -

New Zealand Dollar (NZD) - South Korean Won (KRW) - Source: ICBC RMB Spot Foreign Exchange Rates webpage.