answersLogoWhite

0


Best Answer

to determine the currence value you need to know what country curreny you want to value. because every country use diffrent method like from supply and demand, inflation rate, interest rate, foreign reserve, or against a specific currancy

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you determine the true value of a countries currency and whether it is over valued or under valued?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What countries accept Zimbabwe currency?

Hyperinflation in Zimbabwe reduced it to one of the lowest-valued currency units in the world, so I think there is no country that accepts its currency.


Which currency is the highest valued currency in the world?

Kuwaiti Dinar


How does currency valued in each country?

T


Which is the world's highest valued currency?

KUWAIT


Which country have the most valued currency?

usa


What is the worlds highest valued currency unit?

Highest valued currency is Kuwaiti Dinar. The latest updates are found in http://en.wikipedia.org/wiki/Highest_valued_currency_unit Mr.IK


How is cash and currency valued?

They are valued according to the gold/foreign currency reserves with which it is backed up. These reserves are kept by central bank and they are increased when issuing new notes.


What country in sea has the smallest and highest currency?

Your question is somewhat confusing.If you are asking which country in the world has the most valued and least valued currency, then they are:Kuwait - Kuwaiti Dinar (most)Somalia - Somali Shilling (least)If you are asking which island country in the world has the most valued and least valued currency, then they are:Bahrain - Bahraini Dinar (most)São Tomé and Príncipe - São Tomé and Príncipe Dobra (least)


What is the value of an 1896 penny?

It is 1 penny.If you want to know its value in another currency you will need to specify which country the coin comes from (many countries use a penny) and in what currency you want it to be valued.


How were cocoa beans valued by the Aztecs?

The cocoa beans were used at the Aztecs' currency.


Strongest currency in the world is?

The Kuwait dinar is the highest valued currency in the world. As of Feb. 3, 2011 one Kuwait dinar was worth $3.57 American dollars. I do not know if that makes it the strongest. The Australian dollar and the Canadian dollar are currently valued at $1.01. Both currencies are considered strong because the countries have very low national debts. The countries also have very productive precious metal mines, which could enable those countries to quickly shift to gold or silver supported currencies, should a worldwide monetary crisis arise.


How are minerals valued?

There are no exacting standards to determine the value of minerals