Recent trends in the use of money The history of the Canadian dollar Research Paper

Recent trends in the use of silver The history of the Canadian horse relative to its US counterpart Why is the Canadian dollar - Research Paper ExampleThis chargees on the conversion of properties or money that one acquires immorally into a countrys money system. several(prenominal) countries use their money to fund criminal activities such as terrorism to let down the strengths of other countries bills especially through the destruction of markets. The aim of all unlawful acts is to gene say financial gains. Consequently, the availability of the works capital is vital for the sustainability of the criminal and terrorist networks. For instance, the criminal tendencies such as the allocation of narcotics and arms require an international network that consists of marketers, manufactures, transportation, and personnel. The criminals receive pays in specie lest their activities are recognized through transaction records. Criminal activities focus on the utilization of money usin g various approaches. For instance, such activities use cash through the uncreated phases of money laundering such as placement of the criminal processes within fiscal systems, layering money to brood original sources of the criminal activities, and incorporation into lawful economic markets like banks (Weld 1). The major criminal activities such as drug trafficking gene appreciate signifi goatt proportion of resources that boosts the countrys economy after integration into the court-ordered markets. For instance, illegal tobacco business generates revenues of about 40.5 US dollars in the US. Some criminals especially terrorists do non integrate their money through the legal market systems because they can easily be traced. Consequently, they use the ethnic-based cash service enterprises such as those who operate travel agencies to launder funds. Additionally, such illegal businesses can reduce a countrys revenues. For instance, other recent criminal money use entails the use of shammer money to get the legal currencies. This contributes to the reduction of the strength of the countries currencies. Other money laundering acts entail infusing unlawful money into the football sectors. These sectors are very attractive to criminals especially persons who intend to use their unlawful money (Weld 1). The history of the Canadian dollar relative to its US counterpart In 1971, the total tack rate of the Canadian dollar against the US was approximately 1.22. The highest Canadian rate during this year was 1.60 while the lowest was 0.96. surrounded by the 1971 and 2011, the lowest exchange rate of the Canadian Dollar against the US was in 1974. During this year, the average Canadian rate against the US was 0.98. Between 1971 and 2011, the highest exchange rate for Canada dollar was 1.57. This was in the year 2002 (Hummel 1). The current 12 calendar month forecast of the Canadian and the US dollar indicates that the exchange rate for the Canadian dollar will be app roximately 1.00 Canadian dollars to the US Dollar in future. This is because the coinage trend shows that the exchange rate can easily fall by 0.04 percent implying that the Canadian currency rate would be 0.94 by November 2013 (Hummel 1). The exchange rate for the Canadian dollar in the year 2012 was approximately 0.99 in October. That is 0.7 point higher compared to October 2011. By September 2012, the rate escalated by 1.04. According to some economists, this is a minor movement, and if it continues, the immediate trend would be comparatively flat. The one year shows that the countrys exchange rate was 1.00 averagely. Moreover, the standard conversion rate of the last 10 years was 1.14. Reports also show a higher