Eg, the fresh new Western european Financial Neighborhood (now this new European union) followed the brand new rate of exchange device from inside the 1979, and that fixed for each other’s currencies contained in this an arranged ring. From the 2000, these places throughout the Eu composed one currency, new euro, and that changed new national currencies and you will effectively repaired the newest currencies in order to each other immutably. Continue reading This type of currencies proceeded so you can drift that have low-Eu regions