Why is the U.S Dollar so much stronger than a majority of other currency around the world?

Question

I have always wonder why its so much stronger ? when you go to Japan, everything is cheaper in a sense and the U.S dollar means more in Japan. Why is that ?

In: Economics

Answer 1

Originally, The United States was the largest economy that didn’t get bombed out by The War. Everyone who wanted to buy manufactured goods had one shop to go to, and that shop liked to trade in dollars.

Now, it’s mostly a matter of Convenience. The dollar holds on for the same reason most places use 24 Hour Time… commerce is just easier on a shared standard.