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Countries have their own Currency as a lot of them were made to only be used in their country of origin. Currencies like the US Dollar are widely accepted in countries outside the US due to its value over the countries own currency.
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Why do different countries have their own currency?
coz it can bro....
What is Asia's main currency?
China's yuan or RMB ¥ would be the most used currency but most countries have their own currencies.
When and why do central banks buy their own currency or purchase from foreign countries?
Why central banks buy either their currency or the currency of another nation in the effort to countrol exchange rates
Why might these countries not have wanted to adopt a single currency?
They didn't want to adopt to a single currency because it would withdraw their own coins and paperbill's from circulating.
Describe what it means for one currency to be rising against another currency?
one countries currency is worth another countries currency.
What is the Arab currency?
There are many Arab countries and each has its own currency.
Why do different countries have their own currency?
coz it can bro....
How many countries have their own currency symbol?
Lots of countries gave currency symbols.United States of America ($ ¢)Other countries that have a currency called the dollar ($)Countries using the Euro (€)Great Britain (£)Japan (¥)Though there are many small countries that has a currency symbol, among them a noteworthy currency symbol is that of India (₹)
Is Brazil's currency the same as the us currency?
NoThe currency of Brazil is the Brazilian Real.The currency of the USA is the US dollar.Most countries in the world have their own currency.
Which is the common currency of European?
In Europe most countries use the Euro, but others have their own currency such as the UK
Currency for the European countries?
Most countries use the currency of EUR (euro), but some of them have their own currencies, like the British Pound or the Czech Crown.
Who are the 5 countries who have their own currency symbols?
A lots more than 5 countries have currency symbols.United States of America ($ ¢)Other countries that have a currency called the dollar ($)Countries using the Euro (€)Great Britain (£)Israel (₪)Japan (¥)See the link below for more
What is the Asian currency?
There is no single currency. Each state produces their own currency, although in some countries, the US Dollar is also widely used.
What is Asia's main currency?
China's yuan or RMB ¥ would be the most used currency but most countries have their own currencies.
Why is the currency in the eu different from the us?
Most countries have their own currency. In effect you are asking why each country has its own currency. Historically each country has always had its own currency and run its own economy for its own benefit. The EU is one of the few parts of the world where there is a joint currency used in multiple countries, and the only example amongst economically advanced counties. In theory we may eventually have a common world currency. This would require agreement between all countries to set up a joint international body to regulate the currency (as the EU already has with the 'European Central Bank'), which is independent of any one government. I don't see this happening any time soon.
What are the monetary units in Asia?
There are many countries in Asia, each with its own currency units.
What is Belgium money called?
Belgium uses the euro, like many other countries in the European Union. It no longer has its own currency.
