Types of Exchange Rate System
fixed
1944 Bretton Woods Agreement
free float
USD
dirty float
JPY
pegged
Some Caribbean countries peg the value of their currencies to the value of the USD
semi-pegged
Exchange Rate Mechanism (ERM) of the European Union
1944 Bretton Woods Agreement
USD
JPY
Some Caribbean countries peg the value of their currencies to the value of the USD
Exchange Rate Mechanism (ERM) of the European Union