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International Monetary Fund

Published online by Cambridge University Press:  22 May 2009

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Extract

During the period March 22, 1963–June 12, 1963, the International Monetary Fund (IMF) made agreements with the governments of five countries establishing the initial par values of their currencies. The agreements were as follows: 1) one Liberian dollar per United States dollar; 2) 0.347543 Nigerian pounds per United States dollar; 3) one Somali shilling equivalent to 0.14 United States dollars; and 4) 45 Afghanistan afghanis per United States dollar.

Information

Type
International Organizations: Summary of Activities II. Specialized Agencies
Information
International Organization , Volume 17 , Issue 4 , Autumn 1963, pp. 976 - 977
Copyright
Copyright © The IO Foundation 1963

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References

1 IMF, Press Release 434, March 13, 1963. For a summary of previous activities of the Fund, see International Organization, Spring 1963 (Vol. 17, No. 2), pp. 500–504.Google Scholar

2 IMF, Press Release 438, April 17, 1963.

3 IMF, Press Release 446, June 14, 1963.

4 IMF, Press Release 435, March 22, 1963.

5 Ibid.

6 IMF, Press Release 436, March 27, 1963.

7 IMF, Press Release 437, April 10, 1963.

8 IMF, Press Release 443, May 31, 1963.

9 IMF, Press Release 444, June 5, 1963.

10 IMF, Press Release 445, June 12, 1963.

11 IMF, Press Release 448, July 1, 1963.

12 IMF, Press Release 439, April 24, 1963.

13 IMF, Press Release 441, May 2, 1963.

14 IMF, Press Release 442, May 5, 1963.

15 IMF, Press Release 447, June 21, 1963.