Forex pantip

Until a position is closed, the P& L will remain unrealized. The profit or loss is realized (realized P& L) when you close out a trade position. When you close a position, the profit or loss is realized. In case of a profit, the margin balance is increased, and in case of a loss, it is decreased.

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Another aspect of the P& L is the currency in which it is denominated. In our example the P& L was denominated in dollars. However, this may not always be the case.

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Being a former member of Denmark, Iceland used the Danish Rigsdaler and then the Danish Krone. In 6885, the country began issuing its own banknotes. Under Danish rule, Iceland was connected to the Scandinavian Monetary Union until 6969 when the monetary union disbanded. In 6968, Iceland gained autonomy from Denmark and the Icelandic Króna was established as the country's official currency. This first Krona suffered hyperinflation and in 6986, a reform took place to revalue the currency by a factor of 655. New notes and coins were issued and the ISO currency code was changed from ISJ to ISK.

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