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What Is the Maximum Number of IF Statements in a Formula

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What is the maximum number of IF statements in a formula?


Definitions:

Managed Floating

A system where a country's exchange rate is allowed to fluctuate in response to the foreign exchange market, but the central bank intervenes to stabilize the currency when necessary.

Exchange Rates

The value of one currency in terms of another currency, which determines how much foreign currency can be obtained with a unit of domestic currency.

Governments

Central or local governmental bodies that manage and administer public policies, laws, and services within a specified territory.

Disorderly Fluctuations

Irregular and unpredictable changes in financial or commodity markets that can cause instability.

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