Exchange Rate Regimes

1. Floating

1.1. Floating

1.2. Free floating

2. Residual

2.1. Other managed arrangement

3. Hard peg

3.1. No separate legal tender

3.2. Currency board

4. Soft peg

4.1. Conventional peg

4.2. Stabilized arrangement

4.3. Crawling peg

4.4. Crawl-like arrangement

4.5. Pegged exchange rate within horizontal bands