equivalization

Equivalization is to any mathematical method of comparing two or more generally unlike quantity/value scales.A common example of the utility for an equivalization standard comes in currency markets, where without established exchange rates there is great difficulty making comparisons. For example, dollars, euros, yen have different quantity amounts that would each equal the same implied value. As a solution, an equivalized exchange rate with the United States dollar set as a value = 1 allows for proportional read on the respective values of other currencies compared with it.
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