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List Of Currencies Of The World - Updated 2020

Have you ever thought of that how many currencies are there across the world? Or which amongst the world currencies are most traded ones? Well, you need not wonder any more! Here we have shared some interesting facts about the current currencies of the world but before that let us see first that what is a currency and why is it important?

Whatever money one uses entirely depends on where he/she is living or is planning to travel. In total the United Nations recognizes about 180 currencies circulating across the world. Though the number of total independent countries is more than 195 along with dozens of dependent territories, the number of total currencies is lesser because some of the countries use foreign currency as they do not have their own money.

So, you may find that the European currency i.e. Euro is used in about 35 independent states as well as the overseas territories, USA and the ten other foreign countries use the United States Dollar, the East Caribbean dollar is used as a currency in 6 Caribbean nations in the Central African franc-in 6 African states and West African CFA franc-in 8 African states. The most traded currency in the world is US Dollar holding about 47% share of the global payments and also acquires 87% of the total everyday turnover of the forex market. The second in the race of most traded currency is Euro that has about 33% of everyday transactions and also accounts for the 28% share in the international bank payments. British pound dating back to its existence since 8th century is one of the oldest currency across the world. The newest currency of the world that was officially accepted on July 18, 2011 is the South Sudanese Pound.

All currencies of the world with their ISO-4217 codes, listed by countries

Country or territory Currency ISO-4217
Afghanistan Afghan Afghani AFN
Akrotiri and Dhekelia (UK) European euro EUR
Aland Islands (Finland) European euro EUR
Albania Albanian Lek ALL
Algeria Algerian dinar DZD
American Samoa (USA) United States dollar USD
Andorra European euro EUR
Angola Angolan Kwanza AOA
Anguilla (UK) East Caribbean dollar XCD
Antigua and Barbuda East Caribbean dollar XCD
Argentina Argentine peso ARS
Armenia Armenian Dram AMD
Aruba (Netherlands) Aruban Florin AWG
Ascension Island (UK) Saint Helena Pound SHP
Australia Australian dollar AUD
Austria European euro EUR
Azerbaijan Azerbaijan manat AZN
Bahamas Bahamian dollar BSD
Bahrain Bahraini Dinar BHD
Bangladesh Bangladeshi Taka BDT
Barbados Barbadian dollar BBD
Belarus Belarusian Ruble BYN
Belgium European euro EUR
Belize Belize dollar BZD
Benin West African CFA franc XOF
Bermuda (UK) Bermudian dollar BMD
Bhutan Bhutanese ngultrum BTN
Bolivia Bolivian Boliviano BOB
Bonaire (Netherlands) United States dollar USD
Bosnia and Herzegovina Bosnia and Herzegovina convertible mark BAM
Botswana Botswana Pula BWP
Brazil Brazilian real BRL
British Indian Ocean Territory (UK) United States dollar USD
British Virgin Islands (UK) United States dollar USD
Brunei Brunei dollar BND
Bulgaria Bulgarian Lev BGN
Burkina Faso West African CFA franc XOF
Burundi Burundi franc BIF
Cabo Verde Cape Verdean escudo CVE
Cambodia Cambodian Riel KHR
Cameroon Central African CFA franc XAF
Canada Canadian dollar CAD
Caribbean Netherlands (Netherlands) United States dollar USD
Cayman Islands (UK) Cayman Islands dollar KYD
Central African Republic Central African CFA franc XAF
Chad Central African CFA franc XAF
Chatham Islands (New Zealand) New Zealand dollar NZD
Chile Chilean peso CLP
China Chinese Yuan Renminbi CNY
Christmas Island (Australia) Australian dollar AUD
Cocos (Keeling) Islands (Australia) Australian dollar AUD
Colombia Colombian peso COP
Comoros Comorian franc KMF
Congo, Democratic Republic of the Congolese franc CDF
Congo, Republic of the Central African CFA franc XAF
Cook Islands (New Zealand) Cook Islands dollar none
Costa Rica Costa Rican colon CRC
Cote d'Ivoire West African CFA franc XOF
Croatia Croatian Kuna HRK
Cuba Cuban peso CUP
Curacao (Netherlands) Netherlands Antillean Guilder ANG
Cyprus European euro EUR
Czechia Czech koruna CZK
Denmark Danish krone DKK
Djibouti Djiboutian franc DJF
Dominica East Caribbean dollar XCD
Dominican Republic Dominican peso DOP
Ecuador United States dollar USD
Egypt Egyptian pound EGP
El Salvador United States dollar USD
Equatorial Guinea Central African CFA franc XAF
Eritrea Eritrean nakfa ERN
Estonia European euro EUR
Eswatini (formerly Swaziland) Swazi lilangeni SZL
Ethiopia Ethiopian Birr ETB
Falkland Islands (UK) Falkland Islands Pound FKP
Faroe Islands (Denmark) Faroese krona none
Fiji Fijian dollar FJD
Finland European euro EUR
France European euro EUR
French Guiana (France) European euro EUR
French Polynesia (France) CFP franc XPF
Gabon Central African CFA franc XAF
Gambia Gambian Dalasi GMD
Georgia Georgian Lari GEL
Germany European euro EUR
Ghana Ghanaian cedi GHS
Gibraltar (UK) Gibraltar Pound GIP
Greece European euro EUR
Greenland (Denmark) Danish krone DKK
Grenada East Caribbean dollar XCD
Guadeloupe (France) European euro EUR
Guam (USA) United States dollar USD
Guatemala Guatemalan Quetzal GTQ
Guernsey (UK) Guernsey Pound GGP
Guinea Guinean franc GNF
Guinea-Bissau West African CFA franc XOF
Guyana Guyanese dollar GYD
Haiti Haitian gourde HTG
Honduras Honduran Lempira HNL
Hong Kong (China) Hong Kong dollar HKD
Hungary Hungarian forint HUF
Iceland Icelandic krona ISK
India Indian rupee INR
Indonesia Indonesian Rupiah IDR
International Monetary Fund (IMF) SDR (Special Drawing Right) XDR
Iran Iranian rial IRR
Iraq Iraqi dinar IQD
Ireland European euro EUR
Isle of Man (UK) Manx pound IMP
Israel Israeli new shekel ILS
Italy European euro EUR
Jamaica Jamaican dollar JMD
Japan Japanese Yen JPY
Jersey (UK) Jersey pound JEP
Jordan Jordanian dinar JOD
Kazakhstan Kazakhstani Tenge KZT
Kenya Kenyan shilling KES
Kiribati Australian dollar AUD
Kosovo European euro EUR
Kuwait Kuwaiti dinar KWD
Kyrgyzstan Kyrgyzstani som KGS
Laos Lao Kip LAK
Latvia European euro EUR
Lebanon Lebanese pound LBP
Lesotho Lesotho Loti LSL
Liberia Liberian dollar LRD
Libya Libyan dinar LYD
Liechtenstein Swiss franc CHF
Lithuania European euro EUR
Luxembourg European euro EUR
Macau (China) Macanese pataca MOP
Madagascar Malagasy Ariary MGA
Malawi Malawian kwacha MWK
Malaysia Malaysian Ringgit MYR
Maldives Maldivian Rufiyaa MVR
Mali West African CFA franc XOF
Malta European euro EUR
Marshall Islands United States dollar USD
Martinique (France) European euro EUR
Mauritania Mauritanian ouguiya MRU
Mauritius Mauritian rupee MUR
Mayotte (France) European euro EUR
Mexico Mexican peso MXN
Micronesia United States dollar USD
Moldova Moldovan Leu MDL
Monaco European euro EUR
Mongolia Mongolian tugrik MNT
Montenegro European euro EUR
Montserrat (UK) East Caribbean dollar XCD
Morocco Moroccan dirham MAD
Mozambique Mozambican metical MZN
Myanmar (formerly Burma) Myanmar Kyat MMK
Namibia Namibian dollar NAD
Nauru Australian dollar AUD
Nepal Nepalese rupee NPR
Netherlands European euro EUR
New Caledonia (France) CFP franc XPF
New Zealand New Zealand dollar NZD
Nicaragua Nicaraguan Cordoba NIO
Niger West African CFA franc XOF
Nigeria Nigerian Naira NGN
Niue (New Zealand) New Zealand dollar NZD
Norfolk Island (Australia) Australian dollar AUD
Northern Mariana Islands (USA) United States dollar USD
North Korea North Korean won KPW
North Macedonia (formerly Macedonia) Macedonian Denar MKD
Norway Norwegian krone NOK
Oman Omani rial OMR
Pakistan Pakistani rupee PKR
Palau United States dollar USD
Palestine Israeli new shekel ILS
Panama United States dollar USD
Papua New Guinea Papua New Guinean Kina PGK
Paraguay Paraguayan Guarani PYG
Peru Peruvian Sol PEN
Philippines Philippine peso PHP
Pitcairn Islands (UK) New Zealand dollar NZD
Poland Polish zloty PLN
Portugal European euro EUR
Puerto Rico (USA) United States dollar USD
Qatar Qatari riyal QAR
Reunion (France) European euro EUR
Romania Romanian Leu RON
Russia Russian Ruble RUB
Rwanda Rwandan franc RWF
Saba (Netherlands) United States dollar USD
Saint Barthelemy (France) European euro EUR
Saint Helena (UK) Saint Helena Pound SHP
Saint Kitts and Nevis East Caribbean dollar XCD
Saint Lucia East Caribbean dollar XCD
Saint Martin (France) European euro EUR
Saint Pierre and Miquelon (France) European euro EUR
Saint Vincent and the Grenadines East Caribbean dollar XCD
Samoa Samoan Tala WST
San Marino European euro EUR
Sao Tome and Principe Sao Tome and Principe dobra STN
Saudi Arabia Saudi Arabian riyal SAR
Senegal West African CFA franc XOF
Serbia Serbian dinar RSD
Seychelles Seychellois rupee SCR
Sierra Leone Sierra Leonean Leone SLL
Singapore Singapore dollar SGD
Sint Eustatius (Netherlands) United States dollar USD
Sint Maarten (Netherlands) Netherlands Antillean Guilder ANG
Slovakia European euro EUR
Slovenia European euro EUR
Solomon Islands Solomon Islands dollar SBD
Somalia Somali shilling SOS
South Africa South African Rand ZAR
South Georgia Island (UK) Pound sterling GBP
South Korea South Korean won KRW
South Sudan South Sudanese pound SSP
Spain European euro EUR
Sri Lanka Sri Lankan rupee LKR
Sudan Sudanese pound SDG
Suriname Surinamese dollar SRD
Svalbard and Jan Mayen (Norway) Norwegian krone NOK
Sweden Swedish krona SEK
Switzerland Swiss franc CHF
Syria Syrian pound SYP
Taiwan New Taiwan dollar TWD
Tajikistan Tajikistani somoni TJS
Tanzania Tanzanian shilling TZS
Thailand Thai Baht THB
Timor-Leste United States dollar USD
Togo West African CFA franc XOF
Tokelau (New Zealand) New Zealand dollar NZD
Tonga Tongan pa’anga TOP
Trinidad and Tobago Trinidad and Tobago dollar TTD
Tristan da Cunha (UK) Pound sterling GBP
Tunisia Tunisian dinar TND
Turkey Turkish lira TRY
Turkmenistan Turkmen manat TMT
Turks and Caicos Islands (UK) United States dollar USD
Tuvalu Australian dollar AUD
Uganda Ugandan shilling UGX
Ukraine Ukrainian hryvnia UAH
United Arab Emirates UAE dirham AED
United Kingdom Pound sterling GBP
United States of America United States dollar USD
Uruguay Uruguayan peso UYU
US Virgin Islands (USA) United States dollar USD
Uzbekistan Uzbekistani som UZS
Vanuatu Vanuatu Vatu VUV
Vatican City (Holy See) European euro EUR
Venezuela Venezuelan Bolivar VES
Vietnam Vietnamese Dong VND
Wake Island (USA) United States dollar USD
Wallis and Futuna (France) CFP franc XPF
Yemen Yemeni rial YER
Zambia Zambian kwacha ZMW
Zimbabwe United States dollar USD

What is Currency?

Currency, in general, refers to the type of money that is circulated within an economy for purchasing goods as well as services.In simpler terms, the word currency refers to a form of money that is used for the circulation amongst the public throughout the country. At present, the currency normally comprises of both the hard money i.e. coins as well as the soft money i.e. paper.Currency within a country is generally maintained and issued by a governing authority and is called Fiat money. This implies that the currency value is not determined by the material used in making it instead it is determined by the value it represents as per the issuer and the economy.

Why is currency important?

Apart from the several obvious advantages of the currency that forms the basis of trade i.e. buying and selling, the currency is also supposed to set the standards of value, which in turn leads to smooth and easy functioning of the trades as compared to the barter system.Currency is also known to be a store of value. This suggests that currency is can also be stored and then later it can be brought out by retaining the maximum out of it, if not the entirety of its value.

What are the World’s Biggest Currencies?

There are about 8 currencies that are recognized as the most traded as well as the strongest of all. Here you can find them with their corresponding symbols.

  • U.S. Dollar (USD) – symbol $
  • Euro (EUR) – symbol
  • Japanese yen (JPY) – symbol ¥
  • British pound (GBP) – symbol £
  • Swiss Franc (SWF) – symbol
  • The Canadian dollar (CAD) – symbol $
  • Australian/New Zealand dollar(AUD/NZD) – symbol $
  • South African Rand(ZAR) – symbol R

Important Information about Currency

The value of the currency rises up and falls down regularly across the world. Currencies get affected by every little thing i.e. whether the leader of the country says something amusing for the current trading price of oil or anything else.The values may show a faster variation in their rise or fall i.e. a way faster than what you might have expected for like as while many currencies and the Canadian dollar plunged by around 15% due to the reduction in prices of oil during December 2015.

From the banking point of view, all these currencies are known to be strong and stable but this is not the case with the perspective of traveling. The most widely used and favored currency for international travel is the US dollar, British Pound and the Euro.As already mentioned above, around two dozens of territories as well as the nations along with Ecuador and Zimbabwe make use of the American dollar as its currency. This usually happens in the case where the country’s currency becomes quite unstable and one is forced to look for building up of a stable economy.

Dollars and Sense

Names and Symbols do not have much meaning as the value does. For e.g.- Mexicomight use the $ symbol for denoting a Mexican peso usually written as $MEX but it still gets you only 20 pesos to the dollar or the then exchange rate. Apart from this also because a country such as Cambodia makes use of theAmericandollardoesn’t at all mean that the dollar would buy you the same in Cambodia as that it would buy in America. You may get around the two-course meal and a drink under $10 in Cambodia inside a mid-range restaurant, just because the cost of living there is lower in comparison to that of the USA.

Conclusion

There are around 180 currencies in the world that are recognized by United Nations and it is important for the country to have currency because it is an important asset in key requisites of what makes a nation as independent and self-sufficient. Every nation across the world has trade relations with other nations and this is done through the exchange of currency, traveling overseas requires an exchange of currency. Conducting trade using the barter system is no more applicable in this era and so we make use of currency now. Currency is of great importance because the value of one currency in terms of the other assists in determining the nation’s economic condition and also the people’s well being there.