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Currencies vary in value depending on how in demand they are. The demand will depends on a number of factors including stability of the economy. If many people wish to buy Euro, then the price of the Euro rises, it and costs more to buy a euro. Likewise if people are buying Euro instead of US Dollars then the value drops to encourage more people to buy US Dollar. If the value of a US dollar is low, then it costs more dollars to buy a euro.

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17y ago

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