Finance, Forex and Investments

what is the reason for the different money value for the currencies in every countries?

How to increase the money value for Indian rupee? for example (1 rupee = 1 US dollar)

Public Comments

  1. There is no reason for different countries' currencies to have the same unit value. I don't know why people keep expecting that but it's like expecting an apple to taste the same as a banana; or expecting two unrelated people to have the same shoe size. They are different things in different places with different origins and different histories. The fact that if you look at a currency exchange rate two unrelated currencies have different values, that means nothing and does not matter.
  2. The value of a currency in a country depend upon its GDP, Foreign reserves, and Gold reserves. thats why each and every country has its own money value
  3. i think that it's depends on the standard of each country.
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