About World Currency.

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The dollar is the world’s most common currency, used in the US, Australia, Canada, Fiji, New Zealand, Singapore and elsewhere.

Many of the countries in the European Union use the Euro as their official currency (not all of them do such as Denmark and the United Kingdom)

World Currencies Vs Indian Rupee

the foreign exchange market and international finance, a world currency

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How Currency Works?

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You can take a countries currency and compare it with some other countries then you can understand the economic situation of that country.

The exchange rate of the top currencies matters to those who trade and also the one who is traveling from a country to another country.

What money do you use depends on where are you living or planning to travel. Totally, there are 164 official national currencies circulating around the world. Although the number of the independent countries is 197 plus about five dozen of dependent territories. The matter is, that some of them don't have their own money and officially use the foreign currency.

Comparing the Indian Currency with World Currency Rate

The world's most-traded currency is the US dollar with about 47% share of global payments and 87% of the forex market's daily turnover.

If the US dollar weakens against basket of other currencies, it tends to also impact the Indian rupee.

Few World Currencies where Indian Currency is Stronger

Indonesia - One Indian Rupee is equal to nearly two hundred Indonesian Rupiah.

Vietnam - One Indian Rupee is equal to nearly Three hundred and fifty Vietnamese Dong.

Here is a list of currencies when we compare Indian currency vs. World currencies Indian rupee is Weaker.

Europe - One Euro equaled to nearly Seventy-five rupees in Indian Currency.

The code for the Indian Rupee is INR

The Rupee is divided into 100 paise

The Dollar is divided into 100 cents

The Dollar is the currency used in Samoa (American), Virgin Islands (US), British Indian Ocean Territory