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30 minutes
High School - College
31 classes this month
Subjects: AP Economics Economics
Topics: Money Trade

"Strong" is usually preferred over "weak." But for the value of a country's currency, it's not that simple. "Strong" isn't always better, and "weak" isn't always worse. Learn more about foreign exchange rates in the March 2015 newsletter—"Is a Strong Dollar Better than a Weak Dollar?"

View Voluntary National Content Standards in Economics

Content Standard 7: Markets and Prices
Grade 8 Benchmark
5. An exchange rate is the price of one nation’s currency in terms of another nation’s currency. Like other prices, exchange rates are determined by the forces of supply and demand. Foreign exchange markets allocate international currencies.

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