Eli5: why does currency strenght matter? Why does it matter if my currency is 1=1£ or 10=1£?

Question

Eli5: why does currency strenght matter? Why does it matter if my currency is 1=1£ or 10=1£?

In: Economics

Answer 1

Whether the exchange rate is 1 to 10 or 1 to 20 does not matter at all. At that matters is the change over time.