Eli5 How the value of a nation’s currency is determined?

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Like why can’t some country say something like “our country’s currency value will be 200 times that of US dollars ” . And who determines this value or how it is determined. And why it constantly changes.

In: Economics

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Anonymous 0 Comments

Through the power of [Imagination](https://i.pinimg.com/originals/69/34/46/6934463e4edf171dd1f771664a199253.jpg). And I wish that was a joke but it’s not.

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