WDX Institute
Encyclopedia
The WDX institute is a not-for-profit research body established to further academic research on World Currency Baskets.
It is responsible for independently monitoring the Algorithm of the Wocu
, a standardized basket of currencies comprising the national currencies of the 20 largest national economies measured by GDP.
It is responsible for independently monitoring the Algorithm of the Wocu
Wocu
The World Currency Unit Wocu is a standardized basket of currencies: the national currencies of the 20 largest national economies measured by GDP...
, a standardized basket of currencies comprising the national currencies of the 20 largest national economies measured by GDP.
See also
- WocuWocuThe World Currency Unit Wocu is a standardized basket of currencies: the national currencies of the 20 largest national economies measured by GDP...
- Special Drawing RightsSpecial Drawing RightsSpecial Drawing Rights are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund . Not a currency, SDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged...
- BancorBancorThe Bancor was a supranational currency that John Maynard Keynes and E. F. Schumacher conceptualised in the years 1940-42 and which the United Kingdom proposed to introduce after the Second World War...
- European Currency UnitEuropean Currency UnitThe European Currency Unit was a basket of the currencies of the European Community member states, used as the unit of account of the European Community before being replaced by the euro on 1 January 1999, at parity. The ECU itself replaced the European Unit of Account, also at parity, on 13...
- World Currency UnitWorld Currency UnitA world currency unit is a concept of monetary foreign exchange that surfaced after the Great Depression and the financial crisis created by World War II uncovered the deficiencies of the Gold Standard....
- World currencyWorld currencyIn the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world's primary reserve currency...