How is the value of the Millennium DollarTM determined?
The MR$ was defined as equaling the USD on January 1st, 2000. Thereafter, the value of the MR$ is equal to one plus the percentage change in the Consumer Price Index for All Urban Consumers (CPI-U). Bu September 1, 2005, the MR$ was worth about $1.156. These exchange rates can be expressed as: 1.00 MR$ = $1.00 on 1/1/00 subsequently 1.00 MR$ = $1.
