Other currencies were pegged to the U.S. dollar at fixed rates. The Belize currency is pegged to the U.S. dollar. It is pegged to the US dollar. The baht was pegged at 25 to the U.S. dollar. Some countries while maintaining their own national currency have pegged its value to the euro. Around the same time Mexico and Japan pegged their currencies to the dollar. Until 2005, the value of the renminbi was pegged to the US dollar. Since 1999, the currency has been pegged to the euro. The ngultrum is currently pegged to the Indian rupee at parity. Initial construction cost was pegged at 1.5 billion. Brazil pegged its currency, the real, to the U.S. dollar in 1994. In 1881, the peso was pegged to the US dollar at par. The bank issued Taiwanese yen which were pegged to the Japanese yen. Australia maintained a fixed exchange rate which was effectively pegged to sterling until 1967. In practice, it is pegged to the U.S. dollar for most of the time.