Exchange rate considering the 45 cents is Another Country's currency and the dollar is referring to say the US dollar.
Inflation continues to drastically decrease the value of a dollar. What you could buy for dollar in 1858 would cost you $26.53, meaning that dollar would be worth about 4 cents in today's world.
2 cents
As of today (01APR2011), one US Dollar is worth about 44 Indian Rupees. One Rupee is worth about 2.25 cents.
As of today (02APR2011), 1 USD is worth about 11.8 Mexican Pesos. 1 Peso is worth about 8.5 cents.
One dollar in 1940 was worth about $15.58 in 2010 dollars.
Inflation
75 cents.
One dollar in 1968 was worth the same as $6.58 cents today. The dollar is no longer worth as much because of inflation.
Inflation continues to drastically decrease the value of a dollar. What you could buy for dollar in 1858 would cost you $26.53, meaning that dollar would be worth about 4 cents in today's world.
2 cents
As of today (01APR2011), one US Dollar is worth about 44 Indian Rupees. One Rupee is worth about 2.25 cents.
50 cents
A dollar in 1989 has the same buying power as 1.88 today. Or another way to look at it would be a dollar in 1989 would be worth approximately 53 cents today.
Kennedy is on the HALF dollar. A 1994 half is worth 50 cents.
A dollar is worth 100 cents.
As of today (02APR2011), 1 USD is worth about 11.8 Mexican Pesos. 1 Peso is worth about 8.5 cents.
It means: "...compared to the value it had a certain number of years ago". So back then you could buy an item for 45 cents that you now would have to pay a dollar for.