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Bahamian Dollar
The dollar (sign: $; code: BSD) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign ''$'', or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. On 20 October 2020, the Bahamas became the first country to have a legal digital currency, introducing the ''Sand Dollar'' as an alternative to the traditional Bahamian dollar. Relationship with the US dollar The Bahamian dollar is pegged to the US dollar on a one-to-one basis. The Central Bank of The Bahamas states that it uses reserve requirements, changes in the Bank discount rate and selective credit controls, supplemented by moral suasion, as main instruments of monetary policy. The Central Bank's objective is to keep stable conditions, including credit, in order to maintain the parity between the US dollar and the Bahamian dollar while allowing economic development to proceed. Although the US dollar (as any other foreign curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fixed Exchange Rate
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold. There are benefits and risks to using a fixed exchange rate system. A fixed exchange rate is typically used to stabilize the exchange rate of a currency by directly fixing its value in a predetermined ratio to a different, more stable, or more internationally prevalent currency (or currencies) to which the currency is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, unlike in a floating (flexible) exchange regime. This makes trade and investments between the two currency areas easier and more predictable and is especially useful for small economies that borrow primarily in foreign currency and in which external trade forms a large part of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Starfish
Starfish or sea stars are star-shaped echinoderms belonging to the class Asteroidea (). Common usage frequently finds these names being also applied to ophiuroids, which are correctly referred to as brittle stars or basket stars. Starfish are also known as asteroids due to being in the class Asteroidea. About 1,900 species of starfish live on the seabed in all the world's oceans, from warm, tropical zones to frigid, polar regions. They are found from the intertidal zone down to abyssal depths, at below the surface. Starfish are marine invertebrates. They typically have a central disc and usually five arms, though some species have a larger number of arms. The aboral or upper surface may be smooth, granular or spiny, and is covered with overlapping plates. Many species are brightly coloured in various shades of red or orange, while others are blue, grey or brown. Starfish have tube feet operated by a hydraulic system and a mouth at the centre of the oral or lower surface. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cupronickel
Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimum of 52 percent nickel.) Despite its high copper content, cupronickel is silver in colour. Cupronickel is highly resistant to corrosion by salt water, and is therefore used for piping, heat exchangers and condensers in seawater systems, as well as for marine hardware. It is sometimes used for the propellers, propeller shafts, and hulls of high-quality boats. Other uses include military equipment and chemical, petrochemical, and electrical industries. Another common 20th-century use of cupronickel was silver-coloured coins. For this use, the typical alloy has 3:1 copper to nickel ratio, with very small amounts of manganese. In the past, true silver coins were debased with cupronickel, such as coins of the pound sterling from 1947 onwar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elizabeth II Of The United Kingdom
Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until her death in 2022. She was queen regnant of 32 sovereign states during her lifetime, and was head of state of 15 realms at the time of her death. Her reign of 70 years and 214 days was the longest of any British monarch and the longest verified reign of any female monarch in history. Elizabeth was born in Mayfair, London, as the first child of the Duke and Duchess of York (later King George VI and Queen Elizabeth The Queen Mother). Her father acceded to the throne in 1936 upon the abdication of his brother Edward VIII, making the ten-year-old Princess Elizabeth the heir presumptive. She was educated privately at home and began to undertake public duties during the Second World War, serving in the Auxiliary Territorial Service. In November 1947, she married Philip Mountbatten, a former prince of Gre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pineapple
The pineapple (''Ananas comosus'') is a tropical plant with an edible fruit; it is the most economically significant plant in the family Bromeliaceae. The pineapple is indigenous to South America, where it has been cultivated for many centuries. The introduction of the pineapple to Europe in the 17th century made it a significant cultural icon of luxury. Since the 1820s, pineapple has been commercially grown in greenhouses and many tropical plantations. Pineapples grow as a small shrub; the individual flowers of the unpollinated plant fuse to form a multiple fruit. The plant is normally propagated from the offset produced at the top of the fruit, or from a side shoot, and typically matures within a year. Botany The pineapple is a herbaceous perennial, which grows to tall, although sometimes it can be taller. The plant has a short, stocky stem with tough, waxy leaves. When creating its fruit, it usually produces up to 200 flowers, although some large-fruited cultivars can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coat Of Arms Of The Bahamas
The coat of arms of the Bahamas contains a shield with the national symbols as its focal point. Official description The blazon of the coat of arms is described in Bahamas law: Arms: Upon a representation of the Santa Maria on a base barry wavy of four Azure and Argent on a Chief Azure demisun Or. Crest: Upon a representation of Our Royal Helmet mantled Azure doubled Argent on a Wreath Or and Azure. A Conch Shell proper in front of a Panache of Palm Fronds proper. Supporters: On the dexter side a Marlin proper and on the sinister side a Flamingo proper; and upon a Compartment per pale Waves of the Sea and Swampland proper. Motto: “Forward, Upward, Onward Together”. Explanation The escutcheon (shield) is supported by a marlin and flamingo. The crest on top of the helm (helmet) is a conch shell, which represents the varied marine life of the island chain. Below the helm is the escutcheon itself, whose main charge is a ship, reputed to represent the '' Santa María'' of C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neue Zürcher Zeitung
The ''Neue Zürcher Zeitung'' (''NZZ''; "New Journal of Zürich") is a Swiss, German-language daily newspaper, published by NZZ Mediengruppe in Zürich. The paper was founded in 1780. It was described as having a reputation as a high-quality newspaper, as the Swiss-German newspaper of record, and for objective and detailed reports on international affairs. History and profile One of the oldest newspapers still published, it originally appeared as ''Zürcher Zeitung'', edited by the Swiss painter and poet Salomon Gessner, on 12 January 1780, and was renamed as ''Neue Zürcher Zeitung'' in 1821. According to Peter K. Buse and Jürgen C. Doerr many prestige German language newspapers followed its example because it set "standards through an objective, in-depth treatment of subject matter, eloquent commentary, an extensive section on entertainment, and one on advertising." Aside from the switch from its blackletter typeface in 1946, the newspaper has changed little since the 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenician ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahamian Pound
The pound was the currency of the Bahamas until 1966. It was equivalent to the pound sterling and was divided into 20 ''shillings'', each of 12 ''pence''. Standard sterling coinage circulated. Apart from a Bahamas penny coin struck in 1806, there were no special coin issues such as were found in Jamaica. History In 1825, an imperial Order-in-Council was passed for the purposes of introducing sterling coinage into all the British colonies. It wasn't immediately very effective due to unrealistic ratings, and it required a further Order-in-Council to be passed in 1838. By the middle of the nineteenth century, Sterling coinage had replaced the Spanish dollar throughout all of the British West Indies. But it was only in the Bahamas, Bermuda, and Jamaica that the pound unit of account was used. In the Eastern Caribbean territories and in British Guiana, the dollar unit of account was retained in conjunction with the British coinage at a fixed rate of one dollar to four shillings and two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moral Suasion
Moral suasion is an appeal to morality, in order to influence or change behavior. A famous example is the attempt by William Lloyd Garrison and his American Anti-Slavery Society to end slavery in the United States by using moral suasion. In economics, moral suasion is more specifically defined as "the attempt to coerce private economic activity via governmental exhortation in directions not already defined or dictated by existing statute law." The "moral" aspect comes from the pressure for "moral responsibility" to operate in a way that is consistent with furthering the good of the economy. Moral suasion in this narrower sense is also sometimes known as jawboning. There are two types of moral suasion: * "Pure" moral suasion is an appeal for altruistic behaviour and is rarely used in economic policy. * "Impure" moral suasion, which is the usual meaning of "moral suasion" in economics, is backed by explicit or implicit threats by authorities to provide incentives to comply with t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
