Eli5, how can the the Chinese Yuan be cheap when they have a strong economy while Jordanian Dinar is the opposite?

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Eli5, how can the the Chinese Yuan be cheap when they have a strong economy while Jordanian Dinar is the opposite?

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Anonymous 0 Comments

Because the value doesn’t day anything about the strength

They could have made the US dollar 100x as cheap or more expensive, it doesn’t make it stronger or weaker. When making a currency they can pick any value they want.

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