On a trip to Washington, D.C., Bridget and Ryan take this question from Oliver in Illinois: Why do different countries use different currencies? There’s the U.S. dollar, the Mexican peso and ...

There are around 215 countries in the world and we can see different currencies in circulation in these countries. Not all currencies are same, while some countries have strong currencies, some are ...

24/7 takeaways Currencies are always changing and being replaced. Most countries use multiple currencies to facilitate commerce. Download our free report on the two stocks we recommend to all traders.

Under it, a country’s currency was backed by a fixed amount of gold. For example, ... In this article, we’ll walk you through step by step why currencies have different values.

How Currency Translation Works . Many companies, particularly big ones, are multinational, operating in various regions of the world that use different currencies.If a company sells into a foreign ...