Winters are fairly cold in the desert. The average highest temperature is in the upper 50s Fahrenheit. The average lowest temperature is near 30 degrees Fahrenheit (though it can drop down to about 5 or 10 degrees). Elevations range from 2,310 to 3,110 feet.
A landmark system for monetary and exchange rate management established in 1944. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944.
From Mises Wiki, the global repository of classical-liberal thought. The Amsterdam Exchange Bank (Wisselbank, or Bank of Amsterdam) began operating on January 31, 1609.ne merchant could make a payment to another simply by arranging for his account at the bank to be debited and the counterpartyâs account to be credited. The Exchange Bank maintained something close to a 100 per cent ratio between its deposits and its reserves of precious metal and coin.