Why is the value of every currency different?
488022
It's all in your mind.  Some grades of paper are better than others (subjective measurement), and some metals used in coinage are more or less pure than others (also subjective, in terms of relative value, but objective in terms of purity).\n\nBut the 'value' assigned to currency is up to the marketplace to determine.
895178
It would like to be thought that B would the answer but this is not true. It's to put on as a front as though Europe is united but in reality it's made for competition against the dollar. US currency cannot be challenged by any standalone European nation. However, together in a union the "Euro" has the closest exchange rate of any other foreign currency at 1.27026 to every dollar.
47628
There is no "why" to it. Each unit of currency exists independent of the others; some will have a higher value than the dollar, others will have lower value. Some may even start out higher and be lower later due to inflation.
138878
Because there is not enough stored gold to guarantee the value of the currency in circulation. That is why the US went to the silver standard. Then we found out that there is not enough silver to guarantee the value of the currency in circulation. That is why US currency is now backed by "the full faith and credit of the United States."
38468
The open market perceived value of the currency and the economies that they represent.  More nations and companies do business in dollars (US) than in pesos (i assume Mexican).  The need for dollars drives up its value where a glut in a currency like the peso will drive its perceived as well as inherent value down.
668398
The differences between currencies come essentially two factors:\n- the strength of the countries economies\n- the rate of long and short term bonds in the country and the solidity of it´s finances.\n\nInvestors buy currencies not so much to invest in them, but to buy products, stocks and bonds from that country. The American dollar has the added advantage that oil is paid in dollars.
494898
there are different types of exchange rates. there are the freely floating exchange rates which are determined by the forces of demand and supply (how people want it and the amount on the market) the fixed exchange rate which is fixed at a determined rate abd the managed exchange rate which is determined by the central bank of a country. they intervene and buy and sell the currency so that it doesn't go above or below a set price.
1014280
money and value are relative terms.\neg if we have only 100 $ in the whole world then value will be fixed accordingly.\nnow u keep increasing this amount and value will be adjusting accordingly.\nin theory i must say that we have sufficient money vis-a vis\nthe value.
37095
It really depend buy what you mean by "worth". Some people mistaking consider the trade rate as the "worth" of a currency, but that really does´nt make any sense, at all. There are a few alternative aproaches.\nOne is to consider inflation. Lets say you had USD100 and the chance to exchance it for Swiss Francs or Yens. In both situations, your not considering investing that small amount. After a couple of years, you might find that having kept yout money in SF resulted in having more than your original USD100.\n\nTo complicate this a little more, you can add in the intrest rate of each currency.
504574
Chinese don't have a fully floating currency.  They "float" their RMB to a selective basket of goods/currencies.  This means the exchange rate only changes a minimal amount per day.
374482
Because the value of them chage constantly, companies are reluctant to post values online.  The best thing to do is purchase a coin book and use that as a guide.  Just remember, it's just a guide.  The prices can vary widely.
1038855
It's pretty much a matter for the issuing financial institution. Check with them to determine what, if any, fees are imposed. If there is a fee, it would most likely be for a currency conversion.
62486
The short answer to it, without the politics and complicated retoric, is that we have faith in our monetary system.  Without that the value of the dollar on the world markets would drop like a stone and go through devaluation.  It's ALOT more complex than that but that is what it comes down to. (saw a show about it on the History Channel last week or so)
225406
Basically the confidence people have in the currency and the stability and essential soundness of the country.  Money is of no inherent value by itself - it simply represents value.  The value is a judgment.  Money is a convenience for trade - without it all would be barter.
603150
We have different currencies because countries wish to maintain control of their own finances. The state of the  national currency is an important part of a nation's sovereign power.\n\nHow it works is really simple in principle. Currency is just another commodity for which people have varying needs and for which they are willing to pay varying amounts. Absent currency controls the value of a dollar, euro, yen or whatever is determined by what amount of other currencies people are willing to pay for them.
569467
First, go here:\n\nhttp://finance.yahoo.com/currency\n\nOne US dollar is worth .7783 Euro. One Euro is worth 1.2848 dollars. To go from one direction to the other, just divide into 1. So to see how many dollars a Euro gets: 1/(.7783)=1.2848. And in the opposite direction: 1/(1.2848)= .783 Euro.\n\nFrom these currency values, you can see that a US dollar is worth less than one Euro, for otherwise they would trade 1-to-1.  Because currencies like the dollar and the Euro are not priced by the government (well they are in some ways, but typically currencies freely "float" on the free market) these values will reflect the demand for Euros versus dollars. (In some cases the central bank will intervene to change the price of the currency). \n\nThe Euro, since its inception in 1999, has tended to be "stronger" than the dollar. (i.e. you get more dollars per each Euro).  That strength might be cause by both real and perceived factors. Real factors might have to do with balance of payments (trade between Europe and the US) and perceived factors might have to do with people's perceptions about which currency is stronger in the long term.\n\nBecause our US dollar gets us fewer Euros, everything we buy from countries that use the Euro will be more expensive. But the opposite is true for Europeans: they can now buy more with a stronger Euro if they buy imported US goods.  This sets in motion some interesting politics: Exporters like a weaker dollar because Europeans will buy more US goods with their stronger Euro. But this also makes imported European goods more expensive, and that is a disadvantage for importers.\n\nIf I use my dollar and exchange it for Euros so that I buy European equities (stocks), and my dollar drops in value, I also get an economic benefit here. When I sell my European Euro-denominated stocks and convert from Euros to dollars, I will get back more dollars. \n\nMany people make money by following trends in currency prices, although to make money you have to buy and sell very large quantities of currencies- something that most people do not want to risk. Through something call price arbitrage, currencies will generally converge on one price regardless of how many are bought and sold. To illustrate an example:\n\nSay there are 3 currencies, A, B, C. A might be the dollar, B might be the Euro, and C might be the Yen.  If I use A and convert to B, and then take B and convert to C, and finally take C and convert back to A, I should get back approximately the same starting value of A I had.  The same goes regardless of which currency you start out with.  However, sometimes there are minute differences, meaning that when you get back to "A" you might end up having more (or less) than you started out with. The positive difference would be a small profit for you just for converting between currencies.\n\nThere are risks and costs, however. One cost is that every currency transaction has a price. Those who trade in currencies are in business to make money, and they will usually tax you for their services. If you have ever been to a foreign country you will notice that to buy a foreign currency you will have to pay more dollars than you get back when you want to convert the foreign currency into dollars. The difference is the profit that the currency trader makes. A second risk is that currency fluctuations happen fast and in order to make any profit you have to be very quick. You can lose a lot of money by day trading currencies.\n\nIn any case, that should give you a little background on currency exchange.\n\nPS: for 995 Euros: \n\n(995)x(1.2848)= $1,278 dollars.
578066
Go to Google.com and type in "currency converter."\n\nIt will give you a currency calculator and you can find the currect exchange rates (they change daily) in any country.