Why does our currency have value?

Answer Modern currency such as the U.S. Dollar has no intrinsic value, such as gold coins. Nor is it backed by gold. The best way to understand why modern currency has value is to understand how it develo... Read More »

Top Q&A For: Why does our currency have value

What is the worth of United States currency converted to Australian currency?

As of April 2010, the exchange rate for the Australian dollar is 1.07356 dollars to 1 United States dollar. For Example 100 U.S. dollars equals about 107.35 Australian dollars. However, exchange ra... Read More »

Comparison of Euro Currency to USA Currency?

The U.S. dollar and the euro are the two most common currencies in the world. Both are used as reference and reserve currencies for their prevalence and long-term stability.

Canadian Currency Vs. American Currency?

Both the U.S. and Canada denominate their currency in dollars, though the Canadian dollar (CAD) and the American dollar (USD) are separate currencies produced by each country's national mint. The A... Read More »

How to Buy US Currency?

If you collect currency and want to add authentic American currency to your collection, you can purchase it through the US Department of Treasury. The US Mint sells a variety of both collector's an... Read More »