Like every other currency, the US dollar is valued on the basis of three factors, treasury notes, foreign exchange reserves, and exchange rates. The factor that counts most is the exchange rate. To use the trend of the ever-changing dollar value, you need to follow all the three. The exchange rate compares the value of the dollar to all the other c

There are several countries that use the dollar as their currency. Prominent examples of such countries include Australia, Bahamas, Barbados, Bermuda, Canada, Ecuador, Cayman Island, Fiji, Guyana, Hong Kong, Jamaica, Namibia, Nauru, Liberia, Palau, Singapore, Thailand, and Zimbabwe.While the name of the currency remains as the dollar, the value var

To calculate the percentage discrepancy, take the difference between the twoexchange rates, and divide it by the market exchange rate: 1.12 - 1.0950 = 0.025/1.0950 = 0.023. Multiply by 100 to get the percentage markup: 0.023 x 100 = 2.23%. A markup will also be present if converting U.S. dollars to Canadian dollars.