CHANGE IN THE GOLD STANDARD

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00810A003000530001-9
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 21, 2016
• Document Release Date: April 2, 2009
• Sequence Number: 1
• Publication Date: December 11, 1953
• Content Type: REPORT

INTELLOFA)( 28
25X1
Approved For Release 2009/04/02 : CIA-RDP80-0081 OA003000530001-9
CENTRAL INTELLIGENCE AGENCY REP'ORTI
INFORMATION REPORT
COUNTRY R e s t G i y
SUBJECT Change in the Gold Stmt.
PLACE
ACQUI RED
DATE OF
INFO,
'i%f8 DCf:i ag" ItOGTtlilU1 INVORMAn0% A FE TIMO TKffi RAVOI1At DUFHNBt
O? T 1 UCf1I1tD STATES. UITHIR THE gUMM OF MC lk SPOTIOP9 7139
fii18 Tll_ OF TM L A. CO'DN, PS t:1E8N D, fTS 7DAR6RI$5ION O l R(:ASL-
ATiOK OF M C0K7Zp?S TO Oft XI:e:BIPT BY AR UNAUTWCRIZRD Pi1RSOA
19 PROK1511611 NY LAW TIM R@IPRODUCTION OF T015 FORK 15 PKOKIDITaD.
CD NO..
DATE DISTR, 11 December 1953
NO. OF PAGES 2
NO.OF ENCL.S.
(LISTED BELOW
SUPPLEMENT TO
REPORT NO..
THIS IS UNEVALUATED INFORMATION
Cii 20 October 1953 the Eaot Garma?i Council of MIir+ister::ti approved 25X1
a decree according to which the .cME is to be based on 00399902 grams
of gold. The decree was to become effective the date it was proclaimed,
2. The following is the. new currency exchange table for the 1)ME:
Country
Unit of Currency
Value in
Gold (in
_ara.ss ,_.,_,._.-.
DME DME
(formerly) (new)
Egypt (not for bank-
1s, English
2.55107
9.59
6a 40
notes and coins)
6.67
4.44
Belgium
100 Belgian
francs
0.0177734
6.67
4.44
Bulgaria
100 leva
00130687
48.97
32.6e
Canada
1 Canadian $
----
3.35
2.24
Denmark
100 krona
0.128660
4821
32.17
Finland
100 finmarks
0.00386379
1.45
0.97
France
100 French
francs
0.95
0.63
Great Britain
9.33
6.22
Italy
0.53
0.36
iaolland
10C florins
0-233861
87063
58048
Norway
100 Norwegian
!srona
0.124414
46 75
31.11
CLASSIFICATION SI
Approved For Release 2009/04/02 : CIA-RDP80-0081 OA003000530001-9
 Approved For Release 2009/04/02 : CIA-RDP80-0081 OA003000530001-9
Oountry Unit of Currency
_.._._ _ .~
Value in
Gold `in
gams 1
Iormeriy)
BYE
(new)
-
100 Austrian
sctiillings
0.034
122 481
8.55
100 zloty
0x.222168
83.25
55.56
100 lei
0.079346
2973
i9.84
eden
100 Swedish krona
017l783
64.26
4290
3w itzcr.i.&Z-4 100 0visF; francs
0..2032258
7774
51.88
Cze^hos
:Lov: kia 100` Czech crowns
0,125426
46.25
30087
_'untzvey
100 forints
o._-
28.66
18.514
11~r
100 rul?es
0s222163
55.56
USA
1 TJS 6
0.8886714
3 33
2 22
r vt :
The old D E war, based on 0.266868 er
ar,:s fold
Approved For Release 2009/04/02 : CIA-RDP80-0081 OA003000530001-9