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.
For an investor based in Europe, the Canadian dollar to yen exchange rate constitutes a cross currency rate, since neither currency is the domestic currency. Floating v Fixed. Exchange rates can be floating or fixed. A floating exchange rate is where a currency rate is determined by market forces