Talk:Currencies related to the euro

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Contents

[edit] Question

What is the total population of the countries using the euro and those countries whose currencies are pegged to the euro?

Good question. Don't know, but maybe someone else could work it out. - RHeodt 10:15, 5 April 2006 (UTC)
Just worked it out. It's approximately 480 881 172. - Рэдхот(t • c • e) 19:54, 11 November 2006 (UTC)

[edit] Complete?

I'm not a real expert with money so, can anyone who is tell me, is this list of currencies complete? - Gerbon689

Isn't the Comorian franc pegged to the EUR, as well? Nightstallion 16:15, 15 Apr 2005 (UTC)
Yes you're right. I added it now. - Gerbon689
Thanks. And while I haven't been able to find exact specifications, this site indicates that CYP is also pegged to the EUR. (Never mind that it still lists LVL as being pegged to SDR instead of EUR.) Nightstallion 20:34, 18 Apr 2005 (UTC)
Thanks, I'd also seen that on a site, but like you, have been trying to get specifications. I've e-mailed the European Central Bank and requested a full list, so hopefully they'll tell me. - Gerbon689 16:42, 20 Apr 2005 (UTC)
SUCCESS. I have finally tracked down the central rate for CYP. I haven't got a response from the ECB yet, but I did find the rate on the EU's official sit (europa.eu.int). I added it now - Gerbon689 16:42, 20 Apr 2005 (UTC)
Isn't the Chinese currency pegged to the US dollar within a narrow band? —Preceding unsigned comment added by 151.191.175.230 (talk) 20:11, 3 June 2008 (UTC)

[edit] Order

In my opinion, there's three ways to order this list:

  • alphabetically (by demonym)
  • chronologically (by start of peg or link, or date of ERM II entry)
  • by value of €1 in the respective currency

Which one would be preferred? I'd be for chronological. ナイトスタリオン ✉ 11:05, 29 November 2005 (UTC)

I think to order alphabetically by ISO currency code. It used to be it ordered that way, so I'm gonna (try to) reorder them now. - RHeodt 10:14, 5 April 2006 (UTC)

[edit] Swiss Franc not pegged to the Euro

Dear english Wikipedia-Contributors

The claim, that the swiss franc is "unofficial" pegged to the euro is simple wrong. The Swiss National Bank, the only responisble body in Switzerland for its currency policy, clearly stated that there are no official or unofficial bindings to the Euro. Following a quote (german) of one of the members of its steering body (Prof. Jordan).

"Die SNB setzt ihre Leitzinsen also mit dem Ziel fest, mittelfristig die Preisstabilität aufrecht zu erhalten. Sie verfolgt kein Wechselkursziel, weder zum Euro noch zum US-Dollar. Da der Wechselkurs des Schweizer Frankens zum Euro und die wirtschaftliche Entwicklung in der Eurozone aber einen grossen Einfluss auf die Entwicklung der schweizerischen Wirtschaft und auf die Preise in der Schweiz haben, werden sie von der SNB sorgfältig beobachtet und stellen wichtige Elemente bei der Festlegung des geldpolitischen Kurses dar." See here [1].

Since begin of 2003 (then ratio was 1.45:1 CHF/EUR) the ratio is within a band of 4%, thats true, but there is no guarantee at all, that this will not change. At the moment the ratio is 1.58 and it can easily exceed 1.61 within the next weeks and then break the band. Fairfis 09:58, 5 March 2006 (UTC)

I removed Swiss Franc from the list. --NeoUrfahraner 05:59, 6 March 2006 (UTC)
I think the point of it, wasn't really to claim that it is pegged, just that it doesn't normally exceed that band, like it said, because Switzerland is surrounded by euro, they can't do any business at bordering states, without using euro. I won't readd it, but I think if it's phrased better, it should go back in. - RHeodt 10:31, 5 April 2006 (UTC)

[edit] Renminbi?

I have to agree with 144.136.115.144. If we include any currency that is partially pegged to euro, the list could go on forever. In addition, many central banks may not publish their secret formula for pegging (if that is their practice), or it could be hard to look up. --ChoChoPK (球球PK) (talk | contrib) 22:47, 28 October 2006 (UTC)

Fair enough, fair enough. —Nightstallion (?) 16:00, 12 November 2006 (UTC)

[edit] Contradiction

It says that 1 BAM = 1 DEM and that 1 BGN = 1 DEM, but it also says that 1 EUR = 1.95583 BAM while 1 EUR = 1.95587 BGN, so if it's really true that 1 BGN is less than 1 BAM, then only one of them can be pegged at exactly 1 DEM. (212.247.11.153 19:51, 10 August 2007 (UTC))

I believe it's just a typo. Both were pegged to the German mark. The official website of the Bulgarian National Bank also quotes 1.95583 [2]. I will update the article. --ChoChoPK (球球PK) (talk | contrib) 07:02, 20 August 2007 (UTC)
It's actually vandalism [3]. --ChoChoPK (球球PK) (talk | contrib) 07:05, 20 August 2007 (UTC)

[edit] Contradiction II

It says in this article that MAD is pegged to the euro, but [4] shows MAD as not being pegged to the euro, so one of them is wrong (no idea which one). (Stefan2 18:21, 11 August 2007 (UTC))

I left a comment on the image's talk page. The map is for hard peg only. MAD still floats with euro. So it's not colored. --ChoChoPK (球球PK) (talk | contrib) 07:26, 20 August 2007 (UTC)