Why Is US Dollars So Valuable
The US dollar is the only official currency of the United States and all its territories beneath the Coinage Act of 1700. One US dollar is divided into ten cents, or to 1000 cents for tax and accounting purposes. The denomination is based on the weight and size of the coin and is designated as a "dime" in the monetary system. One US cent is about forty-six grams, creating a fine sized little bit of coin. This is also the standard unit of measurement for all other coins.
Coins are measured by their weight. Gold bullion coins are measured in Troy ounces, with the tiniest being the one gram, or one-fifth of a Troy ounce. For common coinage, including the American eagle gold bullion coins, you can find historical standard weights, which are based on the period in history when the coins were minted. The weights folks dollars change annually as indicated in the National Bureau of Standards' schedule. The coins are available from the US Mint in various sizes, from the smallest half-dollars, or quarters, around the largest gold sovereigns, that may weigh hundreds of kilograms.
There are many factors affecting the worthiness and quantity of US dollars. All US coins are allowed in some countries as legal tender, but other countries may only accept a certain amount as foreign currency. Also, the value is not solely using the weight and how big is the coins. Interest and exchange rates play a role, and other considerations, including the political and economic conditions of the country, also affect the value of the US dollar. Some US dollars are traded for other US dollars on forex.
The value of the united states dollar changes depending on various economic factors. For instance, more US dollars must buy gold, that is used as financial assets in international trade. More US dollars are needed to buy oil, useful for international energy consumption and for mining. Gold, oil and other precious metals are used as money by those that want to buy large quantities of these precious metals, and they can purchase them from refiners in different countries.
The price of gold, oil and other gold and silver coins are affected by various political and economic situations all over the world, and the government decides, on a monthly, quarterly or yearly basis, how much of these precious metals ought to be bought to support its economy. To handle this, the US government sells US dollars and buys foreign currency. Usually, the price of gold and oil are higher once the US dollar is stronger. On cambio cupo en dolares , when the US dollars are weaker, the cost of gold, oil and other gold and silver coins fall.
As stated above, the international trade of US dollars is very high. This will depend mainly on how strong the united states economy is. Strong US growth results in more international trade, as the US consumers can buy more products at home than in foreign countries. However, the global financial crisis has resulted in a US slowdown, and the united states economy would depend on international trade. Therefore, US exports have declined, and so the role of US dollars in international trade gets bigger.