Submitted by SoshiLuver t3_10jgt50 in explainlikeimfive
Gnonthgol t1_j5kbg9o wrote
Reply to comment by SoshiLuver in Eli5: How do we measure whether the US dollar is rising or falling? by SoshiLuver
Some currencies have their own index that they compare themselves against. This is usually based on the amount of trade with the other countries. But for the most part is is fine to use the dixie and dollar for the other currancies.
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