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the purchasing power of rupee strengthened because of weak economic conditions in USA.
because of the purchasing power of a particular country is increasing
there are two reasons. 1. A dollar today can earn interest so you will have more than a dollar in the future. 2. Inflation will reduce the purchasing power a dollar over time, so it's better to get the dollar today and spend it today because it won't buy as much stuff tomorrow.
It loses purchasing power.
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the purchasing power of rupee strengthened because of weak economic conditions in USA.
It is equal to about $13.29 in 2014.
$21-$22 in 2010 terms
because of the purchasing power of a particular country is increasing
there are two reasons. 1. A dollar today can earn interest so you will have more than a dollar in the future. 2. Inflation will reduce the purchasing power a dollar over time, so it's better to get the dollar today and spend it today because it won't buy as much stuff tomorrow.
Due to the fiat currency of the federal reserve bank,not much buying power.Since the u.s. dollar inception,it has lost about 95% of it's purchasing power.
The Australian Dollar had not yet been floated in 1981 and was tied to the US Dollar. In 1981 One Australian Dollar was equal to One US Dollar. One Dollar AUD in 1981 had the purchasing power of about $2.85 AUD today. One Dollar AUD in 1981 had the purchasing power of about $2.64 USD today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
Paper dollars and current $1 coins are both equal in purchasing power.
Twenty dollars. $18.25 if you discount its purchasing power for inflation.
A high dollar means that the currency of a nation is valued as being higher when compared to other nations. Nations with a high dollar have more purchasing power as a result. For example, one Canadian dollar is equivalent to about 53 Indian Rupees, which means that the Canadian dollar has a high dollar.