Italy Currency EUR to PKR

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Italy Currency EUR to PKR

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In fact, this method of measurement is nothing more than the colonial heritage of the United Kingdom, in which the pound and the precious metal ruled. In the UK, it was gold that played a key role in the economy. And although the British Empire has long ceased to exist, its influence in North America can still be traced.

Today, London has switched to the metric system of calculation, and in economic reviews, gold potential is increasingly being translated into grams, and not into troy ounces. Therefore, now you can even see such materials that say that the cost of the precious metal for 1/31 troy ounce is “so many pounds.” That is, we are talking about a gram, because a troy ounce in the metric system is equal to 31.1 g. Therefore, even if the materials are written in the American style, but for the English or European market, the equivalent in grams is most often given.