The US Currency is backed by the United States Government they are the ones who give it value. Without the US Gov. we would still barter gold, silver, and cigarettes.
i think it's either faith, labor, or trust, but don't depend on that, i might b wrong
The US dollar
Currency exchange rates vary by the day. As of this posting, the British pound is worth about $1.50 in US dollars. For an up-to-date currency conversion rate, please see the link below.
The US has not used a gold backed currency since August 15, 1971 when Nixon made the final call. It started back when the Fed came into power 1913.
As of my last update in October 2023, the exchange rate fluctuates, but typically, 1 US dollar (USD) is approximately between 80 to 85 Indian rupees (INR). For the most accurate and up-to-date exchange rate, it's advisable to check a reliable financial news source or a currency conversion website.
US Dollars are usually not accepted in Switzerland. Their currency is the Swiss Franc, which as of today (01APR2011), one CHF (Swiss Franc) is worth about $1.08.
Lake Meade. It backs up or is backed up by the famous Hoover Dam.
Look up: Whats is currency US dollar to pesos.
As of today, June 6, 2008, 20 euros is equivalent to US$31.46. For up-to-date currency rate information, I recommend visiting www.xe.com .
i think it's either faith, labor, or trust, but don't depend on that, i might b wrong
I looked it up on onlineconversion.com Currency values change all the time. This is today's conversion: 1 US Dollar = 80.50118 Kenyan Shilling 1 Kenyan Shilling (KES) = 0.01242 US Dollar (USD)
The US dollar
Currency exchange rates vary by the day. As of this posting, the British pound is worth about $1.50 in US dollars. For an up-to-date currency conversion rate, please see the link below.
they were up against there backs
spines look it up!
U.S. quarters have an eagle on the reverse up to 1999.
The US has not used a gold backed currency since August 15, 1971 when Nixon made the final call. It started back when the Fed came into power 1913.