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Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days.

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Tax-free spinoff refers to a corporate action in which a publicly traded company spins off one of its business units as an entirely new company. A spin-off occurs when an existing public company sells a part of its assets or distributes new shares in order to create a new independent company. Often the. What Is a Spinoff? A spinoff is the creation of an independent company through the sale or distribution of new shares of an existing business of a parent.