Calculation of worldonecurrency

Calculation

Weighting

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The principles behind the World One Currency System (WOC) have been vetted, analysed and approved by a wide group of Market Participants. The apolitical WOC basket of constituent currencies comprises those of the current top 20 countries by Gross Domestic Product (GDP), as determined by the International Monetary Fund (IMF). Each country’s individual currency (the Euro is duplicated for Germany, France, Italy, Spain & Netherlands) is elegantly weighted based upon the relative importance of its GDP.

These relative weightings are adjusted biannually, based on published IMF World Economic Outlook (WEO)figures of changing GDP values. The importance of a World One currency system member country changes with its member's growth or contraction: by its weighting being adjusted or its currency being promoted into, or demoted out of, the WOC basket. Re-weightings occur on the third Thursday of November and April each year at 16:00 UTC (Universal Time, Co-Ordinated) on a logically elegant basis, by World One Currency system.

Algorithm

The real-time quotation is produced by World One Currency system, in a multiple redundancy environment to support 365 x 24 x 7 availability of the quotation with monitoring and failover functionality. The symbol for World One Currency system stand as WOC$. The high quality WOC quotation can be very simply integrated into existing systems with the minimum of disruption and effort.

The quotation is available as:

• 16:00 UTC Daily fixing reference prices;
• Hourly fixing prices;
• Real time, millisecond updated prices;
• Free signup http://goo.gl/DOUctV
  Visit  www.worldonecurrency.tk
  Contact:hannan: +8801671047856
  Email:easyearm15@gmail.com          
  Skype: starhannan