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A currency's value mostly is the reflection of the 'value' of the underlying economy. So a country with a strong economy normally should have a high-value currency and a country with its economy in tatters will see the value of its currency decline sharply.
Sometimes it does not work out like that in practice, however. When for instance China's economy was booming, its currency should have gone up in value correspondingly. But that would have made China's export products a lot more expensive and so have hurt China's economic development. Therefore China kept the value of its money linked to the value of the US dollar, which did not go up at the time - and so kept its products nice and cheap. Another case history is Greece: the country is practically bankrupt, but for political reasons the European Union is more or less forcing it to keep using the Euro as a currency, which is way too 'valuable' compared to the value of Greece's economy.
What else can I help you with?
What makes the US money valuable?
im not sure what gives our money value. Do you?
What makes paper money valuable?
it is the US currency and is signed by the Treasurer and Secretary of Treasury in Washington D. C.
Why does printing money decrease the value of the currency?
If you print more money, it is easier to get. The easier it is to get, the more people that have it. The more people that have it, it isn't very valuable because a lot of people have it. Here is just a comparison: Edvard Munch's "the Scream" wouldn't be valuable if he had painted four hundred paintings. Since Edvard Munch only painted one or two paintings of "the Scream", it is very valuable because everyone likes it, but there are only one or two paintings, which makes it valuable. It is the same thing with money, because the rarer it is, the more valuable it is. It doesn't just work with money - it works with every item in the world.
Is gold valuable?
Yes and it was once used for money in order to back up paper money.
What makes a wheat back penny valuable?
Its maid of real copper
What makes the US money valuable?
im not sure what gives our money value. Do you?
What makes paper money valuable?
it is the US currency and is signed by the Treasurer and Secretary of Treasury in Washington D. C.
If a country prints more money during a currency shortage, does it make the country richer?
Answer: No, too bad for the country. It just makes money less valuable.
How much money is the most expensive diamond in American money?
The most valuable diamonds tend not to be exchanged for money, but rather are given as gifts or taken as spoils of war. This makes them priceless.
What are examples of similes for something valuable?
As valuable as children, as valuable as life, as valuable as light, as valuable as water, as valuable as money, as valuable as diamonds
Is your birth certificate valuable enough to be sold for money?
No, a birth certificate is not valuable enough to be sold for money.
Are Vietnam coins valuable?
Sure, they're valuable. Money is money, regardless the form: paper note or coins.
Why did shell money not last as the country's medium of exchange?
The only thing that makes money valuable is scarcity. There can only be so much of it. "Only so much" is a heck of a lot, but money isn't valuable if people are making their own. Shells used as money failed because shells are not scarce. You can go down to the beach, dig for clams and get all the shells you want.
Why does printing money decrease the value of the currency?
If you print more money, it is easier to get. The easier it is to get, the more people that have it. The more people that have it, it isn't very valuable because a lot of people have it. Here is just a comparison: Edvard Munch's "the Scream" wouldn't be valuable if he had painted four hundred paintings. Since Edvard Munch only painted one or two paintings of "the Scream", it is very valuable because everyone likes it, but there are only one or two paintings, which makes it valuable. It is the same thing with money, because the rarer it is, the more valuable it is. It doesn't just work with money - it works with every item in the world.
Are empty soda cans recyclable?
Yes, any scrap yard will pay money for them. In many states they have a recycling deposit too that makes them very valuable!
What is the misprint on the penny that makes iut so valuable?
On the 1969 S penny a doubling of the print makes it very valuable ($35 000)
What six letter word means money offered for finding a valuable item?
A reward is money offered for finding a valuable item
