Republic of the Congo Currency

The Republic of the Congo Currency decreased to 474.32 in April from 475.94 in March of 2014. Republic of the Congo Currency averaged 496.10 from 2009 until 2014, reaching an all time high of 542.79 in July of 2012 and a record low of 436.53 in November of 2009. The USDXAF spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDXAF spot exchange rate is quoted and exchanged in the same day, the USDXAF forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Republic of the Congo Currency - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
474.32 475.94 542.79 436.53 479.15 | 2014/05 2009 - 2014 Daily

TO

Republic of the Congo Currency
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 474.32 2014-04-23 475.94 542.79 436.53 479.15 2014-05-31 [+]
[+]


Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Republic of the Congo GDP Annual Growth Rate at 4.90 percent  
The Gross Domestic Product (GDP) in Republic of the Congo expanded 4.90 percent in 2012 from the previous year. GDP Annual Growth Rate in Republic of the Congo is reported by the CNSEE, Congo.
Republic of the Congo Balance of Trade at 4092.35 CFA Franc Billion  
Republic of the Congo recorded a trade surplus of 4092.35 CFA Franc Billion in 2010. Balance of Trade in Republic of the Congo is reported by the CNSEE, Congo.
Republic of the Congo Interest Rate at 3.25 Percent  
The benchmark interest rate in Republic of the Congo was last recorded at 3.25 percent. Interest Rate in Republic of the Congo is reported by the Bank of Central African States.
Republic Of The Congo Personal Income Tax Rate at 45.00 percent  
The Personal Income Tax Rate in Republic Of The Congo stands at 45 percent. Personal Income Tax Rate in Republic Of The Congo is reported by the Ministry of Commerce.
Republic Of The Congo Corporate Tax Rate at 34.00 percent  
The Corporate Tax Rate in Republic Of The Congo stands at 34 percent. Corporate Tax Rate in Republic Of The Congo is reported by the Ministry of Commerce.
Republic Of The Congo Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Republic Of The Congo stands at 18 percent. Sales Tax Rate in Republic Of The Congo is reported by the Ministry of Commerce.
Republic of the Congo Current Account at -1163.30 CFA Franc Billion  
Republic of the Congo recorded a Current Account deficit of 1163.30 CFA Franc Billion in 2010. Current Account in Republic of the Congo is reported by the CNSEE, Congo.
Republic of the Congo Inflation Rate at 3.40 percent  
The inflation rate in Republic of the Congo was recorded at 3.20 percent in September of 2013. Inflation Rate in Republic of the Congo is reported by the CNSEE, Congo.
Republic of the Congo Current Account to GDP at 0.30 percent  
Republic of the Congo recorded a Current Account surplus of 0.30 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Republic of the Congo is reported by the CNSEE, Congo.
Republic of the Congo Government Budget at 2.40 Percent of GDP  
Republic of the Congo recorded a Government Budget surplus equal to 2.40 percent of the countrys Gross Domestic Product in 2012. Government Budget in Republic of the Congo is reported by the CNSEE, Congo.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News