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Minimum wages by country (other countries). Currencies: local, USD, Eur, and Int$ PPP. Country Monthly minimum wage Hourly rate (gross) Exchange rate to EUR Effective at Net Net Gross Local currency Local USD PPP Armenia: 178: 461 246 ֏75,000 (net) ֏450 (net) 1.15: 2.77 0.0024: 1 Jan 2023
This is the map and list of European countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers.
An exchange rate between two currencies fluctuates over time. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100.
The koruna, or crown ( sign: Kč; code: CZK, Czech: koruna česká ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union 's eight currencies, and the Czech Republic is legally bound to adopt the euro in the future. The official name in Czech is koruna česká (plural koruny české, though the zero ...
The European Exchange Rate Mechanism (ERM II) is a system introduced by the European Economic Community on 1 January 1999 alongside the introduction of a single currency, the euro (replacing ERM 1 and the euro's predecessor, the ECU) as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe.
Exchange rate. Using a mechanism known as the "snake in the tunnel", the European Exchange Rate Mechanism was an attempt to minimize fluctuations between member state currencies—initially by managing the variance of each against its respective ECU reference rate—with the aim to achieve fixed ratios over time, and so enable the European Single Currency (which became known as the euro) to ...
The twenty euro note ( €20) is the third-lowest value euro banknote and has been used since the introduction of the euro (in its cash form) in 2002. [8] The note is used by the 25 countries and a population of 343 million as their sole currency, with 23 legally adopting it. [9] In July 2023, there were approximately 4,837,000,000 twenty euro ...
A euro calculator is a type of calculator in European countries (see eurozone) that adopted the euro as their official monetary unit. It functions like any other normal calculator, but it also includes a special function which allows one to convert a value expressed in the previously official unit (the peseta in Spain, for example) to the new ...