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Floating exchange rate
Amount of gold desides currency of country.
Somalia is the country with the lowest value because of its instability.
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
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The value of a currency is primarily determined by supply and demand in the foreign exchange market, along with factors such as interest rates, inflation rates, political stability, and economic performance of the country issuing the currency. Market speculation and central bank interventions can also influence the value of a currency.
It's basically the demand for the currency, which is determined by the economy of a country.
on the basis of value of currency poverty buildings or devlopements made there growth in diffrent feilds such as sports,science etc. growth in industrial regions literacy
Floating exchange rate
Amount of gold desides currency of country.
Somalia is the country with the lowest value because of its instability.
First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.
The value of a country's currency is primarily determined by supply and demand in the foreign exchange market, influenced by factors such as interest rates, inflation, and economic stability. Central banks may also intervene by adjusting interest rates or engaging in market operations to stabilize or influence their currency's value. Additionally, political stability and economic performance play crucial roles in shaping investor confidence and, consequently, currency valuation.
It is 1 peso! And if you wanted to know its value in some other currency then you need to specify which country's peseta you are talking about and also in which country's currency you want its value.
It is 1 peso!And if you wanted to know its value in some other currency then you need to specify which country's peso you are talking about and also in which country's currency you want its value.
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America