it depends on the country and the currency power of purchase.

MythAngel:







It's sad that many in this country think one way only. How then do we intend to get well as a society when people don't reason critically... The dollar to any currency is just a conversion that is done depending on many factors and it doesn't necessarily mean that a high exchange rate translate to how poor or badly a country is.

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you are really correct the exchanges of a county's currency to the USD doesn't necessarily mean it's economy is useless.. after viewing the post and scrolling through the comment I was shocked to see comments on how useless the economy of the countries listed above was compared to Nigeria.
Indonesia, Vietnam ahh how will you judge based on paper alone.
una gast understand the meaning of devaluation first, then you will know its deliberately done to secure or overturn the economy of the state implementing it.

Indonesians are far richer than Nigerians. Their currency might be suffering inflation but they earn just as high