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Content: Will the Euro take over the US dollar as the de facto universal currency? There is no "de facto universal currency". Technically the most
probably de facto universal currency is the Yuan used by more than
1/4 of the worlds population. The US Dollar is much less. What does it mean when a country's currency is worth more than a dollar? Our dollar is weaker than their moneythe dollar is weak
Which currency has got more rupee value? Us dollar
Why do currencies change their value? Currency rates are a relative price of one currency to another. Forexample the Euro is quoted (09Oct09) as 1.47. This implies that 1 Euro buys 1.47 US Dollars.