ELI5: Explain Like I'm 5

Currency strength

Currency strength is how strong a certain country's money is compared to other countries' money. For example, if a dollar is stronger than a euro, then it means that you can get more goods and services with 1 dollar than you can with 1 euro. A strong currency means that goods in that nation are cheaper than goods in other nations with weaker currencies, which can make the goods of the nation with the strong currency more attractive to buyers from other countries.