Pegged Currencies

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About pegged currencies

While many currencies in the world work under a floating exchange rate regime, where the currency price of a nation is determined by supply and demand on the open market, some other countries adopt fixed or pegged exchange rates against another currency.

Countries commonly establish a currency peg with a stronger or more developed economy so that domestic companies can access broader markets with less risk. The U.S. dollar, the euro, and gold have historically been popular choices.

Tables below shows all pegged currencies as they are configured for foxer currency calculator.

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Currencies pegged to EUR

IsoCode Currency Name Symbol Pegged To Ratio
ATS Schilling (Austria) S EUR 13.7603
BAM Convertible Mark (Bosnia and Herzegovina) KM EUR 1.95583
BEF Franc (Belgium) BF EUR 40.3399
CYP Pound (Cyprus) £ EUR 0.585274
DEM Deutsch Mark (Germany) DM EUR 1.95583
EEK Kroon (Estonia) Kr EUR 15.64664
ESP Peseta (Spain) Ptas. EUR 166.386
FIM Markka (Finland) mk EUR 5.94573
FRF Franc (France) F EUR 6.55957
GRD Drachma (Greece) Dr EUR 340.75
IEP Punt (Ireland) Punt EUR 0.787564
ITL Lira (Italy) Lit EUR 1936.27
LTL Litas (Lithuania) Litas EUR 3.4528
LUF Franc (Luxembourg) LuxF EUR 40.3399
LVL Lat (Latvia) Ls EUR 0.702804
MTL Lira (Malta) £ EUR 0.4293
NLG Guilder (Netherlands) f. EUR 2.20371
PTE Escudo (Portugal) Esc EUR 200.482
SIT Tolar (Slovenia) SlT EUR 239.64
SKK Koruna (Slovakia) Sk EUR 30.126
XAF CFA Franc (Central Africa) F. EUR 655.957
XOF SDR (Int. Monetary Fund) F. EUR 655.957

Read more about this topic in this article about Foreign exchange regimes from Reuters.

You can download all these tables as a single pegged-currencies.csv file.

Currencies pegged to USD

IsoCode Currency Name Symbol Pegged To Ratio
AED Dirham (United Arab Emirates) Dh USD 0.36725
BHD Dinar (Bahrain) BD USD 0.376
DJF Franc (Djibouti) DF USD 177.721
ECS Sucre (Ecuador) Sucre USD 25000
ERN Nakfa (Eritrea) Nfk USD 15
JOD Dinar (Jordan) JD USD 0.709
KYD Dollar (Cayman Islands) $ USD 1.2
LBP Pound (Lebanon) USD 1507.5
OMR Rial (Oman) RO USD 0.3845
PAB Balboa (Panama) B USD 1
QAR Riyal (Qatar) QR USD 3.64
SAR Riyal (Saudi Arabia) SR USD 3.75
SVC Colon (El Salvador) Colon USD 8.75
VEF Bolivar (Venezuela) Bs.F USD 4.3
XCD Dollar (East Caribbean Dollar) EC$ USD 2.7

Other pegged currencies

IsoCode Currency Name Symbol Pegged To Ratio
GIP Pound (Gibraltar) £ GBP 1
SHP Pound (Saint Helena) £ GBP 1
NPR Rupee (Nepal) NRs INR 1.6
LSL Loti (Lesotho) L ZAR 1
NAD Dollar (Namibia) N$ ZAR 1
SZL Lilangeni (Swaziland) L ZAR 1

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