How some currencies are stronger than US dollar?

>1 british pound = 1,18
>1 bahraini dinar = 2,65
>1 kwait dinar = 3,25
How does this currency thing work? Are currencies the biggest "product" countries can trade? Ive heard the brit pound is stronger because The City of London requires traders from all around the world to purchase pounds to trade there, creating a demand for pounds, something like that... What about Kwaiti dinar? How can countries keep the currency strong while others struggle to keep it afloat like the Argentine peso or Russian ruble?

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The Belarusian ruble is $0.4

guess it depends on how many of them they make and also the amount of trade they do that requires those things

Because the amerishit dollar is a meaningless green toilet paper.

I'm not even sure that the "strength" of a currency is a good indicator.
Yen is weak af, it's 2 Yens for 1 Croatian Kuna, by that measure you'd say Croatia has stronger economy than Japan lol.
It's more the matter of stability I'd say.

Looking at the currency itself doesn't tell you much. To know how wealthy people are in a country, you need to know about their income and the cost of products and services available to them.

Google it, it's basic macro shit

>How does this currency thing work?
Strong for currency:
- Have a relatively high interest rate
- Be seen as a safe place to invest capital; a safe and profitable place to do business
- Favourable corporate tax laws; favourable corporate law in general
- Bonds issued in the currency are safe
- Currency held as reserve by other countries
- Large amounts of trade carried out in currency
- Large tax bill paid in currency
- Trade surplus; exports more value than it imports
- High immigration
- Government fiscal surplus
- Quantitative Tightening (or no Quantitative Easing)
- Reduction in size of money supply
- Relatively low inflation or negative inflation (deflation)

Weak for currency
- opposites of the above

Another thing, some factors can have varied weighting depending of investor sentiment. For example, in times of global economic crisis, being a safe place to store capital becomes extremely important.

It depends whether the currency is formed on the market or pegged

Kuna was pegged to the Euro, so it was artificially stronger than Yen

Also, a lot of export-oriented countries devalue their currency to keep exports strong

It's all a fugazi, race to the bottom if you will.

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Why Kuwait then based on these factors? And shouldn’t the US dollar be shidding and farding the bed?

>Kuna was pegged to the Euro, so it was artificially stronger than Yen
Kuna is just an example, there are other currencies "stronger" than Yen, for example Euro is like 12 - 13 Yens, Japan is sure af not in that position relative to EU.
This guy makes a good point

So why is Yen weak as shit ?

>How some currencies are stronger than US dollar?
there is no currency stronger than the USD because the USD is the reserve currency.

I mean he listed 3 that are stronger wtf

Yen is not a weak currency

effectively there is only the U.S.A Financial system. any currency right now on it is just a Dollar in a different coat. Yes even euros,pounds. when the dollar system collapses, all currencies will collapse, as it is one and the same centralized system ran out of America, a kuwait dinar, a bahraini dinar. its all just a dollar in a different coat. even the russian ruble in its state (on the F.E.D financial system (swift etc)) is just... a dollar in a different coat! Though recently we have been hearing about BRICS forming their own financial system and, of course, we have Cryptocurrency / Bitcoin which is effectively already becoming the real currency and assets of the world.

Japan doesn’t have coins in the same way we do. You’ll never see $19.99 at a store, but you’ll see 2800.

Also the Yen is just less useful than the dollar or Euro. Their economy has been in recession for like 2 decades

>shouldn’t the US dollar be shidding and farding the bed?
It is but every other currency is having a Dutch oven in the bed.

There are other factors, volume, liquidity amongst others.

Stop being stupid
>Japan doesn’t have coins in the same way we do. You’ll never see $19.99 at a store, but you’ll see 2800.
I don't think that's relevant, they don't have coins bcs you can't buy almost anything with 5 Yen, it's like 1.25 $
>Also the Yen is just less useful than the dollar or Euro. Their economy has been in recession for like 2 decades
But there are other currencies that are stronger from countries with weaker economies than Japan
It's pretty clear what OP asks dude