Category: Currency

Mexican Peso-MXN

The peso is the legal tender of Mexico. A peso is denoted by sign $ or Mex $ (in order to differentiate it from other dollar denominated currencies) and its international exchange code (ISO...

Chinese Yuan-CNY

Chinese Yuan (CNY) or the Renminbi is the official currency of the People’s Republic of China. This is currency is denoted by symbol ¥ and the code in international exchange markets is RMB. While...

Canadian Dollar-CAD

The Canadian dollar is the legal tender of Canada. It is denoted by symbol $ or C$ and the international code of the currency is CAD. As of 2011, the Canadian dollar was world’s...

Iraqi Dinar-IQD

The Iraqi dinar is the legal tender of Iraq. The currency code is IQD (although no international bank exchanges Iraqi dinar ). The Iraqi dinar is issued by Iraq’s federal bank, the Central Bank of...

Indian Rupee-INR

The Indian Rupee is the official currency of the Republic of India. The international code of Indian Rupee is INR and it denoted by symbol. The Reserve Bank of India, India’s federal bank is...

Japanese Yen-JPY

The Japanese yen is the legal tender of Japan. Its code in financial markets is JPY and the symbol used to denote the yen is ¥. The Japanese yen is one of the most...

Euro-EUR

The euro is the legal tender of the euro zone area which is comprised of 17 nations out of total 27 member European Union (EU) states. The Institutions of European Union also use this...

Gold Standard

Gold Standard Introduction A Monetary system in which economic unit of account is a fixed weight of gold is called as gold standard. A gold standard system can be classified in various kinds. The gold...

Pound Sterling- GBP

The pound sterling, also called the pound, is the legal tender of the United Kingdom, its Crown Dependencies (the Isle of Man and the Channel Islands) and the British Overseas Territories of South Georgia and the South Sandwich Islands, British Antarctic...

Australian Dollar-AUD

The Australian dollar is a legal tender used in commonwealth of Australia, together with Christmas Island, Cocos Island and Norfolk Island. This currency is also used in some independent states like Pacific Island States...

Currency

Currency, in economics, refers to a generally accepted form of money, which is basically a medium of exchange or an intermediary used in trade so as to avoid the inconveniences associated with barter system....