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The values of currencies are based on that country's economic strength. Goods do not have the same value across multiple countries.

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15y ago

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The value of one's country's currency as compared to another country's currency?

Floating exchange rate


What decides the value of a currency?

Amount of gold desides currency of country.


Which country currency value is low?

Somalia is the country with the lowest value because of its instability.


When the value of a country's currency goes up compared to another country's currency that is considered a?

First of all - your punctuation. You need a comma after the second "currency" so as not to confuse whether 'value' or 'currency' is the point - "When the value of a country's currency goes up compared to another country's currency, that is considered a...?" Bad thing, as the cost of goods and services of 'Currency A' go up when compared to 'Currency B.' People will want things priced in Currency B, perceiving them cheaper than Currency A goods and services.


What is the value of 1 peseta?

It is 1 peso! And if you wanted to know its value in some other currency then you need to specify which country's peseta you are talking about and also in which country's currency you want its value.


What is the value of 1 peso?

It is 1 peso!And if you wanted to know its value in some other currency then you need to specify which country's peso you are talking about and also in which country's currency you want its value.


How do the currency exchange rates of different countries compare to each other?

Currency exchange rates of different countries are compared by looking at how much one country's currency is worth in relation to another country's currency. This comparison helps determine the value of one currency in terms of another and can fluctuate based on various factors such as economic conditions, interest rates, and geopolitical events.


Which country has the highest value of currency?

quait dinnar


Which country has the highiest value currency in the word?

America


What is the definition of devaluation of Indian currency?

The definition of devaluation of Indian currency is the loss of the value of the currency. This is a an adjustment of the country's currency value downwards compared to other major currencies in the world.


What is the measure to bring down the value of currency by a country against foreign currency called?

demonetisation


What is an exchange rate used for?

An exchange rate if the value of currency of one country compared to that of Another Country. For example, it would be the value of a US Dollar measured by the value of Mexican Pesos.

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