Currency rates are relative prices, so as the US Dollar falls, the alternate currency is rising.
In economic terms, either is possible.
In 2009, the accepted wisdom is that the US Dollar is the culprit, falling in value.
comparative value of dollar wrt other currencies will increase
thode who export oversees
The smallest currency denomination of the dollar is typically the one-cent coin, often referred to as a penny in the United States. It is worth one-hundredth of a dollar. Other currencies that use "dollar" may have similar small denominations, but the one-cent coin is the most recognized among dollar currencies.
Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar
those who import products from oversees
Zimbabwean Dollar written Z$ to distinguish it from other dollar currencies. Because of massive inflation is was suspended 12th April 2009. Today, other currencies are used for transactions instead
Yes, despite the similar name they are compleley separate currencies. Canada, New Zealand, Jamaica, Brunei and several other countries also have independent currencies called "Dollar".
No. The term "dirham" is used by other countries (like the UAE). However, these dirhams and the Moroccan Dirham are different currencies and are not interchangeable. (It is the same as the US Dollar, Canadian Dollar, Australian Dollart where all of these dollars are different currencies.)
comparative value of dollar wrt other currencies will increase
thode who export oversees
Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar
those who import products from oversees
Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar
1. Along with other currencies, the $AU is measured against the $US in the world market. When the American government recently boosted it's economy with a multi- billion dollar, taxpayer funded bail out, the value of the $US increased, devaluing the other world currencies.
eBank supports the British pound, the Japanese Yen and the Turkish Lira. Also, eBank supports the Mexican peso, the American dollar and many other different currencies.
Overtime the US dollar does NOT appreciate. Most currencies lose their value over time. It is a totally normal and healthy process. Recently the US dollar has gained value relative to other currencies. This is due to the processes in the foreign exchange market and the recent liquidity crisis of the American dollar as the economy slows and money becomes "rarer".
It is getting weaker against other currencies