0

Subjects>Business>Economics

Why us dollar is the medium of exchange?

Anonymous

∙ 16y ago

Updated: 9/14/2023

The American Dollar is one of the most commonly used currencies and hence it is a preferred medium of exchanges for parties who do not share the same currency.

Wiki User

∙ 16y ago

What else can I help you with?

Continue Learning about Economics

What is the equivalent exchange for US dollar to Jap yen?

the equivalent exchange for US dollar to Jap yen is; USD 1 = JPY 83.6932

What is the exchange rate per us dollar in chile?

1.00 US dollar = 482.271 Chilean Pesos

What is the unit of currency and its exchange rate per US dollar in France?

In France the Euro is used. Its exchange rate per 1 US dollar is 0.68 Euros

What is Sweden's exchange rate to US dollar?

As at 30Oct09 1 US Dollar was worth 6.9270 Swedish Krona.

What is exchange rate today between US dollar and Australian dollar?

1 US dollar = 0,96877 Australian dollar ( official conversion, today 10.02.2013)

Related Questions

Will they accept the US dollar in Morocco or do you have to exchange?

You will have to exchange.

US dollar exchange rate with malaysian ringit?

dollar exchange rate to malaysian ringitt

Is 1 million Australian dollar exist or can be used as medium of exchange?

The 1 million Australian dollar does not exist and cannot be used as medium of exchange. The highest denomination in banknotes for Australia is the $100 note which was released in 1984.

What is the equivalent exchange for US dollar to Jap yen?

the equivalent exchange for US dollar to Jap yen is; USD 1 = JPY 83.6932

Where can one exchange Canadian dollar to US dollar?

To exchange Canadian dollars to US dollars, log on to CoinMill, where you can convert your Canadian dollars to US and many more countries you would like to exchange.

Where can exchange Zimbabwe dollars?

us dollar

What is the exchange rate per us dollar in chile?

1.00 US dollar = 482.271 Chilean Pesos

What is Madagascar exchange rate in the US dollar?

k

What is the exchange for 1 us dollar?

60 rupees

What is the unit of currency and its exchange rate per US dollar in France?

In France the Euro is used. Its exchange rate per 1 US dollar is 0.68 Euros

What has the author Jasmine Tambyah written?

Jasmine Tambyah has written: 'The US dollar in 1989' 'A medium-term outlook for the British pound, July 1988' 'The US dollar in 1990' 'A medium-term outlook for the US dollar, February 1988'

What is Sweden's exchange rate to US dollar?

As at 30Oct09 1 US Dollar was worth 6.9270 Swedish Krona.

Trending Questions

Why will oil and gas price be an important topic? How do banks generate revenue from mortgages? What challenges of global operations? Can you provide an example of the substitution effect and explain how it impacts consumer behavior? What is difference beyween average salary hike average salary? The economies of North and South Korea are complementary and both states would have much to gain by reunification? What is the main idea in monetarism? What does aggregate data mean and how is it used in data analysis? What would be the advantages and disadvantages of going through the IPO process at this time as opposed to waiting a year or two? What social scientist is most concerned with analyzing the relationship between the supply of and the demand for goods and services? Can the supply be defined as the desire of the consumer to have something backed up with willingness and ability to pay for it? Is oligopolies always bad for the society? What is 1 piastre worth? What are Vietnam major economic activities? Nature of business activity? How much is a 5 pound English bill worth? What is the value of a blue seal two dollar bill? What effect did the war have on the populations and the economies of europeans nations? What is compression utility? How does endogenous growth theory explain persistent growth without the assumption of exogenous technological progress?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.