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There are several countries that use the dollar as their currency. Prominent examples of such countries include Australia, Bahamas, Barbados, Bermuda, Canada, Ecuador, Cayman Island, Fiji, Guyana, Hong Kong, Jamaica, Namibia, Nauru, Liberia, Palau, Singapore, Thailand, and Zimbabwe.While the name of the currency remains as the dollar, the value var

Like every other currency, the US dollar is valued on the basis of three factors, treasury notes, foreign exchange reserves, and exchange rates. The factor that counts most is the exchange rate. To use the trend of the ever-changing dollar value, you need to follow all the three. The exchange rate compares the value of the dollar to all the other c

Of all the assumptions that were made about the origin of the dollar symbol, the most common one is that it is a derivative of figure 8. The first instance of the symbol was seen in 1770 in documents of Americans-English businessman dealing with Spanish-Americans and was printed after 1800. The word dollar originated from a German word, Joachimstal

There are loads of US Dollar exchange rates that you can use for free. They help us find day to day foreign currency exchange rates. The conversion tools are updated with the latest of exchange rate values and are mostly accurate. Given below are the top websites to calculate the exchange rate.XEOandaGocurrencyCoinMillCrrncyTheFinancialsCurrency Co

To calculate the percentage discrepancy, take the difference between the twoexchange rates, and divide it by the market exchange rate: 1.12 - 1.0950 = 0.025/1.0950 = 0.023. Multiply by 100 to get the percentage markup: 0.023 x 100 = 2.23%. A markup will also be present if converting U.S. dollars to Canadian dollars.

Like in the case services and goods, the value of a US dollar is based on the demand for it. The demand and supply are factored in and the future expectations are also weighed in to determine the value. This is one of the main reason money fluctuated during trading days. Since the growth in the US is fast paced when compared to other economies, the