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If 1.00 the United States dollar equals 7.5506 Swedish Krona does that mean it's less expensive in the us or in Sweden?
Wiki User
∙ 14y ago
It doesn't necessarily mean either. Prices depend on more than just the currency they're in.
For example, if there were 1,000 US dollars to a Swedish krona, a stereo could cost 200 krona in Sweden but 100,000 dollars in the US - the American price is still cheaper.
Wiki User
∙ 14y ago
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