Highest-valued Currency Unit
Currency, Reserve Currency, Pound Sterling, United States Dollar, Hard Currency, Store of Value, Economy of Kuwait
978-620-1-24897-7
6201248978
88
2012-07-09
34.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The highest-valued currency unit is the currency in which a single unit buys the highest number of any given other currency or the largest amount of a given good. Most commonly the calculation is made against a major reserve currency such as the euro (EUR), the pound sterling (GBP) or the United States dollar (USD). A high-valued currency is distinct from a hard currency, which is a currency with a good buying power and which is widely accepted as a reliable store of value. For example, a Kuwaiti dinar is not of very much use outside Kuwait, and is bound to the economy of that country.
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