Free Essays on International Currencies In Relation To The U.S. Dollar

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  1. International Currencies In Relation To The Us Dollar
    International Currencies in Relation to the US Dollar. Every nation across the
    world uses some form of currency in trade for goods or services. ...
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  3. International Relations
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  4. Financial Regulation
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International Currencies In Relation To The U.S. Dollar

Submitted by malibu097 on April 2, 2008

Every nation across the world uses some form of currency in trade for goods or services. These currencies vary indefinitely, from paper money to precious metals and even livestock. In the following, three international currencies will be compared to the U.S. Dollar Bill, not only through their respective exchange rates, but also through their symbolic images, histories, and the varying top locations tourists access to spend each currency.
To better understand the currencies of foreign countries, we must first be able to understand our own currency, taking into consideration the U.S. Dollar. In the United States, the dollar is the smallest bill printed. Many things come to mind when one thinks of the dollar. Take, for example, the value menu, the collect phone call, or, most recently, the iTunes download. However, when looking deeper into the surface of the dollar bill, some may be shocked to find that there is indeed history within its images.
The most prominent symbol on the one dollar bill is the easily recognizable face of George Washington, our nation's first president. When one flips the bill over to the backside, two circles are found. These two circles together make up the Great Seal of the United States. Benjamin Franklin and a group of colleagues came up with this seal, which took them an entire four years to make. In the left hand circle, several important symbols are found. First, a pyramid with it's front face well lit and it's western side in the dark. This symbolized the country's new beginning and, along with the pyramid's being uncapped, signified the country's long journey to being finished. At the top of the pyramid in the capstone is an "all-seeing eye," the ancient symbol for divinity. (United States One Dollar Bill) This can be attributed to Benjamin Franklin as well, in his belief that through the power of many, man could do anything.
In the case of the Brazilian Real, Brazil's native currency, historic figures are no...

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