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The answer depends on the currency in question. The whole idea of paper currency's value is that it is a promise of funds. If you have a $20 united states dollar, then the united states treasury is promising you that the value is $20. However the actual value is nothing, if the united states treasury stopped recognizing paper currency, then it would be worthless.
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How the value of currency of a country is determined?
This link will answer your question http://ezinearticles.com/?How-are-Currency-Values-Determined?&id=467643
The paper currency in the US has value because?
The federal government says it has value
Does paper currency lose value if written on in black marker?
No.
What is a currency whose value is determined by the supply and demand for the currency in the market?
Pegged currency ^For me on apex 2022 :)
What is the equivalent currency value today of 200000 pounds in 1676?
24000000
How the value of currency of a country is determined?
This link will answer your question http://ezinearticles.com/?How-are-Currency-Values-Determined?&id=467643
The paper currency in the US has value because?
The federal government says it has value
How much is paper 50 pilipinas limampung piso worth?
50 Philippine pesos is equivalent to 50 units of the currency. The value of paper money issued by the Philippines is determined by its denomination, condition, and collector's demand.
Who is the only women pictured on US paper currency?
there are no women pictured on any value of US paper currency. only men.
Where can you find the value of old foreign paper currency?
ask.com
Does paper currency lose value if written on in black marker?
No.
What is a currency whose value is determined by the supply and demand for the currency in the market?
Pegged currency ^For me on apex 2022 :)
Why US currency gets lower value when it gets printed in coin?
Because we don't use fractional paper currency such as a paper 50 cent note.
What is the value of twenty dollars in 1907 in today's currency?
$1000
What is the value of a Northhampton 5 dollar paper currency?
Probably around $50
What is the equivalent currency value today of 200000 pounds in 1676?
24000000
What is the value of 50 pesos?
As of today it equals $3.87 in U.S. currency.
