Answer:
Yes .It is known as the exchange rate .
Explanation:
The exchange rate is normally the value that a currency sells against another one normally depending on the countries .
It is normally above or below the universal currency which his the USD .
The USD is backed by credit , which was adopted in the recent past as initially it was backed by gold or gas which was unrealistic as there are countries that just mine gold from the fields while there are others that do not have it completely .So credit is the best since the values are contained in ledgers as the money keeps on circulating and collecting move value which is rewarded by credit .
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