What does "Regime" mean in currency exchange

[fortytwo]

All of the bank sites that have the notorious 3.22 listing post it on the regime listing... Actual exchange rate is in line with the typical values. Any finance guys out there that can explain this to me?

[D-BUNK]

I'm guessing- but Saddam claimed the IQD was worth 3 to 1 compared to the Dollar.

That is probably the regime they are referring to.

[lionfish]

Regime rate for IQD is pre-2004. All the converters are showing current exchange rates.

[paramedic_usa]

The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market. It is closely related to monetary policy and the two are generally dependent on many of the same factors.

The basic types are a floating exchange rate, where the market dictates the movements of the exchange rate, a pegged float, where the central bank keeps the rate from deviating too far from a target band or value, and the fixed exchange rate, which ties the currency to another currency, mostly more widespread currencies such as the U.S. dollar or the euro

[82Corp.]

All of the bank sites that have the notorious 3.22 listing post it on the regime listing... Actual exchange rate is in line with the typical values. Any finance guys out there that can explain this to me?

The exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market.