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How Much Is the Dollar Worth Compared to Other Currencies?

The Federal Reserve announced an unprecedented move yesterday when it decided to cut the target fed funds rate to a range of zero to 0.25 percent. The target benchmark rate is a new low and is part of the Fed's overall effort to combat the recession.

The value of the dollar has been falling since late October when the Fed lowered rates to 1 percent, and it's possible that other currencies like the euro could continue gaining in strength against the dollar. Do you know what the buck is currently worth compared to other currencies? Take the quiz!

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How Much Is the Dollar Worth Compared to Other Currencies?

What is the approximate exchange rate for one euro?

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LittleMzFit LittleMzFit 7 years
i meant :oops: !
LittleMzFit LittleMzFit 7 years
Lulla don't feel bad...consider it a learning experience! :pops:
eveday eveday 8 years
1/5 :OOPS:
NouraBee NouraBee 8 years
1 out of 5 wow apparently i know nothing about money
puddlesworth puddlesworth 8 years
theres no use arguing about the differences, they change all the time.
bleached bleached 8 years
Um.... the answer for the yen is wrong. One Japanese yen is worth about a penny... so none of those choices were valid
KayEff KayEff 8 years
Quite a few of the units seem to be off by an order of magnitude in this quiz: 1 yen = USD$0.0113 (that is, just over one cent, not 11 cents as the "correct" answer says) 1 peso = USD$0.076 (same problem) 1 ruble = USD$0.037 (same problem)
Smart-Living Smart-Living 8 years
Japan's currency is at a 13 year high against the US dollar... http://money.cnn.com/2008/12/17/markets/dollar/index.htm
kwikwit kwikwit 8 years
dienliv, I'm totally with you. I'm very interested in how Japan is going to respond to their strong yen. You know they hate it - Sony/Toyota/Honda are going to take huge FX charges this year due to their exported sales. Also, for an already shockingly expensive country to visit it will become even more so - sayounara tourism. I wonder if the increase in the yen is because it's the only currency that's probably been undervalued the last few years and the rest of the world is catching up (driven by their rate cuts).
kwikwit kwikwit 8 years
Savvy, I'm usually in complete agreement but not this time. the USD has actually strengthened against almost every currency in the world (BP, Euro, Peso, Real, etc) except for the yen since 1/1/08. The article is misleading - the USD did weaken against from October against the Euro but, overall, it's at the highest point it's been at for a while.
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