0
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.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What backs up the us dollar?
i think it's either faith, labor, or trust, but don't depend on that, i might b wrong
Which of the following is the world's most important reserve currency making up more than 64 percent of all foreign currency reserves in the world?
The US dollar
What is one pound to 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.
What back's up US currency?
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.
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
Is US dollars accepted in Switzerland?
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.
Which is the largest artificial lake in the US?
Lake Meade. It backs up or is backed up by the famous Hoover Dam.
What does a us dollar equal in Mexico City?
Look up: Whats is currency US dollar to pesos.
How much is twenty euros worth in American money?
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 .
1 doler equql to how much kenyan shelling?
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)
What backs up the us dollar?
i think it's either faith, labor, or trust, but don't depend on that, i might b wrong
Which of the following is the world's most important reserve currency making up more than 64 percent of all foreign currency reserves in the world?
The US dollar
What is one pound to 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.
In us currency what bird is on one side of the quarter?
U.S. quarters have an eagle on the reverse up to 1999.
what do porcupines have on their backs?
spines look it up!
What effect did they have on the government?
they were up against there backs
What backs up the thesis with evidence?
To support the thesis with evidence, one can use data, statistics, research findings, expert opinions, case studies, and examples from credible sources. Providing specific examples, quotes, and references can strengthen the argument and make the thesis more convincing and credible.
