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Arab League
The Arab
Arab
League (Arabic: الجامعة العربية‎ al-Jāmiʻah al-ʻArabīyah), formally the League of Arab
Arab
States (Arabic: جامعة الدول العربية‎ Jāmiʻat ad-Duwal al-ʻArabīyah), is a regional organization of Arab
Arab
states in and around North Africa, the Horn of Africa
Horn of Africa
and Arabia. It was formed in Cairo
Cairo
on 22 March 1945 with six members: Kingdom of Egypt, Kingdom of Iraq, Transjordan (renamed Jordan
Jordan
in 1949), Lebanon, Saudi Arabia, and Syria.[3] Yemen
Yemen
joined as a member on 5 May 1945
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Kuwaiti Dinar
The Kuwaiti dinar
Kuwaiti dinar
(Arabic: دينار‎, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils. The Kuwaiti dinar
Kuwaiti dinar
is the world's highest-valued currency unit.[2]Contents1 History 2 Coins 3 Banknotes3.1 First series 3.2 Second series 3.3 Third series 3.4 Fourth series 3.5 Fifth series 3.6 Sixth series 3.7 Commemorative issues4 See also 5 References 6 External linksHistory[edit] See also: British currency in the Middle East The dinar was introduced in 1960 to replace the Gulf rupee, equal to the Indian rupee
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Djiboutian Franc
The Djiboutian
Djiboutian
franc (Arabic: فرنك‎) is the currency of Djibouti. Its ISO 4217
ISO 4217
currency code is DJF. Historically, it was subdivided into 100 centimes.Contents1 History 2 Coins 3 Banknotes 4 Exchange rate 5 See also 6 ReferencesHistory[edit]100 Djiboutian
Djiboutian
francs (1977).From 1884, when the French Somaliland
French Somaliland
protectorate was established, the French franc
French franc
circulated alongside the Indian rupee
Indian rupee
and the Maria Theresa thaler. These coexisted with 2 francs = 1 rupee and 4.2 francs = 1 Maria Theresa thaler. From 1908, francs circulating in Djibouti
Djibouti
were legally fixed at the value of the French franc. Starting in 1910, banknotes were issued for the then colony by the Bank of Indochina
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Ali Al-Daqbaashi
Ali Salim Al-Daqbasi (born 5 December 1965) is a member of the Kuwaiti National Assembly, representing the fourth district. Al-Daqbasi studied management before being elected to the National Assembly in 2003. While political parties are technically illegal in Kuwait, Al-Daqbasi affiliates with the Islamist deputies
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Purchasing Power Parity
Purchasing power parity (PPP) is an economic theory that states that the exchange rate between two countries is equal to the ratio of the currencies' respective purchasing power. Theories that invoke purchasing power parity assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the difference in value to buy a market basket of goods as it would cost to directly purchase the market basket of goods with dollars. A fall in either currency's purchasing power would lead to a proportional decrease in that currency's valuation on the foreign exchange market. The concept of purchasing power parity allows one to estimate what the exchange rate between two currencies would have to be in order for the exchange to be at par with the purchasing power of the two countries' currencies
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ISO 4217
ISO 4217
ISO 4217
is a standard first published by International Organization for Standardization in 1978, which delineates currency designators, country codes (alpha and numeric), and references to minor units in three tables:Table A.1 – Current currency & funds code list[1] Table A.2 – Current funds codes[2] Table A.3 – List of codes for historic denominations of currencies & funds[3]The tables, history and ongoing discussion are maintained by SIX Interbank Clearing on behalf of ISO and the Swiss Association for Standardization.[4] The ISO 4217
ISO 4217
code list is used in banking and business globally
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Algerian Dinar
The dinar (Arabic: دينار‎) (sign: د.ج or DA; code: DZD) is the currency of Algeria
Algeria
and it is subdivided into 100 now obsolete centime (سنتيم).Contents1 Etymology 2 History 3 Coins 4 Banknotes 5 See also 6 References 7 External linksEtymology[edit] The name "dinar" is ultimately derived from the Roman denarius.[1] The santeem come from French "centime", since Algeria
Algeria
was under French administration from 1830 to 1962 History[edit] The dinar was introduced on 1 April 1964, replacing the Algerian new franc at par. Coins[edit] In 1964, coins in denominations of 1, 2, 5, 10, 20 and 50 santeem, and 1 dinar were introduced, with the 1, 2 and 5 santeem struck in aluminium, the 10, 20 and 50 santeem in aluminium bronze and the 1 dinar in cupro-nickel. The obverses showed the emblem of Algeria, while the reverses carried the values in Eastern Arabic numerals
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Bahraini Dinar
The dinar (Arabic: دينار‎ Dīnār Baḥrēnī) (sign: .د.ب or BD; code: BHD) is the currency of Bahrain. It is divided into 1000 fils (فلس). The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee
Gulf rupee
at a rate of 10 rupees = 1 dinar. The Bahraini dinar
Bahraini dinar
is abbreviated .د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.Contents1 Coins 2 Banknotes 3 Fixed exchange rate 4 See also 5 References 6 External linksCoins[edit] In 1965, coins were introduced in denominations of 1, 5, 10, 25, 50 and 100 fils. The 1, 5 and 10 fils were struck in bronze, with the others in cupro-nickel. The 1 fils coin was not produced after 1966 and no longer circulates
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Muslim World
The terms Muslim
Muslim
world and Islamic world commonly refer to the unified Islamic community (Ummah), consisting of all those who adhere to the religion of Islam,[1] or to societies where Islam
Islam
is practiced.[2][3] In a modern geopolitical sense, these terms refer to countries where Islam
Islam
is widespread, although there are no agreed criteria for inclusion.[4][3] Some scholars and commentators have criticised the term 'Muslim/Islamic world' and its derivative terms 'Muslim/Islamic country' as "simplistic" and "binary", since no state has a religiously homogeneous population (e.g. Egypt's citizens are c
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Comorian Franc
The franc (French: franc comorien; Arabic: فرنك قمري‎) (ISO 4217 currency code KMF) is the official currency of Comoros. It is nominally subdivided into 100 centimes, although no centime denominations have ever been issued.Contents1 History1.1 European Monetary Union2 Central Bank 3 Coins 4 Banknotes 5 See also 6 References 7 External linksHistory[edit] The French franc
French franc
became the currency of Comoros
Comoros
after the islands became a French protectorate in 1886. In 1891, Sultan Said Ali bin Said Omar of Grande Comore, Ngazidja
Ngazidja
issued coins denominated in centimes and francs which circulated alongside French currency. In 1912, the Comoros
Comoros
became a province of Madagascar, which was a French possession. French banknotes and coins circulated in the colony
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Egyptian Pound
 Gaza Strip  SudanIssuanceCentral bank Central Bank of Egypt Website www.cbe.org.egValuationInflation 48% (November 2016)The Egyptian pound
Egyptian pound
(Egyptian Arabic: جنيه مصرى‎ Genēh Maṣri [ɡeˈneː(h) ˈmɑsˤɾi]; sign: E£, ج.م; code: EGP) is the currency of Egypt. It is divided into 100 piastres, or ersh (Egyptian Arabic: قرش‎ [ʔeɾʃ]; plural قروش [ʔʊˈɾuːʃ]),[1] or 1,000 milliemes (Egyptian Arabic: مليم‎  [mælˈliːm]; French: millième). The Egyptian pound
Egyptian pound
is frequently abbreviated as LE or L.E., which stands for livre égyptienne (French for Egyptian pound). E£ and £E are commonly used on the internet
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Iraqi Dinar
The Dinar
Dinar
( Arabic
Arabic
pronunciation: [diːˈnɑːr]) (Arabic: دينار, [(sign: د.ع; code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq
Iraq
and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete since 1990.Contents1 History 2 Speculation 3 Coins 4 Banknotes4.1 Kingdom Dinar
Dinar
Series (1932–1958) 4.2 Swiss Dinar
Dinar
Series (1979–1986) 4.3 1990–2003 Series 4.4 2003–present5 Exchange rate 6 See also 7 References 8 External linksHistory[edit] The dinar was introduced into circulation in 1932, by replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 11 rupees
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Jordanian Dinar
The Jordanian dinar
Jordanian dinar
(Arabic: دينار‎; code: JOD; unofficially abbreviated as JD) has been the currency of Jordan
Jordan
since 1950. The Jordanian dinar
Jordanian dinar
is also widely used alongside the Israeli shekel in the West Bank. The dinar is divided into 10 dirham, 100 qirsh (also called piastres) or 1000 fulus.Contents1 History 2 Coins 3 Banknotes 4 Fixed exchange rate 5 See also 6 References 7 External linksHistory[edit] For a wider history surrounding currency in the region, see British currency in the Middle East. From 1927 to 1950, the Palestine Currency
Currency
Board issued the Palestine pound as the official currency in both Mandatory Palestine
Mandatory Palestine
and the Emirate of Transjordan
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Demonym
A demonym (/ˈdɛmənɪm/; δῆμος dẽmos "people, tribe", ὄόνομα ónoma "name") is a word that identifies residents or natives of a particular place, which is derived from the name of that particular place.[1] It is a neologism (i.e., a recently minted term); previously gentilic was recorded in English dictionaries, e.g., the Oxford
Oxford
English Dictionary and Chambers Twentieth Century Dictionary.[2][3][4] Examples of demonyms include Swahili for a person of the Swahili coast and Cochabambino for a person from the city of Cochabamba. Demonyms do not always clearly distinguish place of origin or ethnicity from place of residence or citizenship, and many demonyms overlap with the ethnonym for the ethnically dominant group of a region
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List Of Countries By GDP (PPP)
This article includes a list of countries by their forecasted estimated gross domestic product based on purchasing power parity, abbreviated GDP (PPP).[2] Countries are sorted by GDP PPP forecast estimates from financial and statistical institutions in the limited period January–April 2017, which are calculated at market or government official exchange rates
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Gross Domestic Product
Gross domestic product
Gross domestic product
(GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region, and to make international comparisons
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