What does this phrase mean: weaker against dollar?

Question

Usually used in business article section. I just don't quite understand what it mean.

Answer 1

You pay more of your currency to buy one Dollar.  In relation to yesterdays, last weeks 'price'.  1.5 your currency =$1.00 and tomorrow it is 1.55 your currency = $1.00 it is weaker (your currency) againts the dollar.

Peace.

Answer 2

Basically it's to do with the exchange rate for currencies. These define how much of one currency you get for another e.g one pound is worth about 1.9 dollars (12:36 15th june). However this ratio changes as the demand for each currency rises and falls. This causes an effect similer to prices of products. When the demand for cola increases companies put up it's price , and likewise with for example the dollar the "price" will increase as it's demand increases.

   What all this means in terms of your question is that if something has become weaker against the dollar the ammount of dollars you get with that currency has decreased .

E.G : if the exchange rate of one pound to 1.9 dollars falls to one pound to 1.8 dollars the pound has become weaker against the dollar as you can get loss dollars per pound.

Hope that helps

Answer 3

If something is defined as being "weaker against the dollar" it means that the currency that is being discribed, lets say for sample the Mexican Peso, has less value than it did previously when compared to (against) the U.S. dollar. If something happened that improved or increased the value of the Peso it would be "stronger against the dollar", again, stronger meaning having more value, when compared to the US dollar.  I would suggest checking out a currency conversion website, like http://www.xe.com/ucc/  to play around with the values of different currency when compared to each other.