Category: Currencies

Hardly any other currency has been as stable in the past as the British pound. Due to the fact that Great Britain has decided not to introduce the euro as a common currency, despite its European membership, the island has been largely spared the economic crisis. The pound is a strong currency, which in many…

In Europe there are different currencies that are in a certain reciprocal relationship. If the currencies are freely convertible, it is possible to exchange these currencies for any other currency at any time. The decisive factor for this is the exchange rate, which is determined anew every day and every hour by supply and demand….

The euro is the official currency of the European Economic and Monetary Union and, next to the US dollar, the second most important reserve currency in the world. The euro is currently the official currency in 19 EU member states. Together they form the so-called Eurozone. In addition, there are 9 other European countries that…

Anyone who travels to Asia needs to be liquid and liquid on the go – foreign exchange. Depending on the travel destination, the appropriate currency must be purchased in advance or in the destination country, which is usually cheaper. The following travel countries (in alphabetical order) and currencies are in Asia: Afghanistan – Afghani Bahrain…

In terms of currencies, South America is a very colorful continent. Almost all countries have their own currency. Here more about the individual currencies, where they come from and how they have changed over time, which currencies have disappeared and which have been added. History of currencies in South America In South America, there are…

Caribbean islands are located in north of the equator in the tropical part of the Atlantic Ocean. These include, for example, the Bahamas, which lie deep in the north, Barbados, Cuba and almost 38 other islands and archipelagos. Each one has either gained independence or is still part of a previous colonization. Therefore, different currency units…

There are 55 countries on the vast continent of Africa. The different currencies on the continent are correspondingly complex, as most individual states have their own currency in circulation. The various local currencies range from the Egyptian pound to the Somalia shilling. The exchange rates, which can change daily, are as varied as the currencies….

The New Taiwan Dollar is the Taiwanese currency. Its ISO code is ” TWD “, but NTD or NT $ are also possible as designations. The Central Bank of the Republic of China (CBC) itself uses the designation NT $ on its website. The historical subdivision is the same as in the People’s Republic of…

The currency of Togo is the CFA Franc BCEAO, the Franc de la Commenauté Franciére d`Afrique, the currency of the West African Economic and Monetary Union. Togo is a state in West Africa and is located on the Gulf of Guinea. The country borders on Benin, Ghana and Bukina Faso. The seat of government and…

The Vietnamese dong is the national currency in Vietnam. It has the abbreviation D and the symbols D and d. The dong is issued by the State Bank of Vietnam. The currency has the ISO code VND. The dong was introduced in Vietnam in 1978 and has the lowest value in the world. Dong means…

The Venezuelan currency is called the bolivar. This name is used to commemorate the Venezuelan freedom fighter Simon Bolivar, who is considered the national hero of some South American states. This currency has been officially valid in Venezuela since 1879 and replaced the currency that was valid until then, the Venezolano. Since January 1st, 2008…

The sum is the official currency of Uzbekistan with the ISO code UZS. The Uzbek spelling is сўм. History of the currency of Uzbekistan The Uzbek sum in its current form was issued on July 1, 1994. Before that, the new ruble was still the official national currency in Uzbekistan. In a short transition period…

The Uruguayan peso is the currency of Uruguay. Its ISO code is “UYU”. The currency symbol is $ U or just $. The currencies in the other former Spanish colonies are also called pesos. The $ symbol originally stood for the Spanish-Mexican dollar. One peso is divided into 100 centesimos. History of the Uruguayan peso…

The official currency of Uganda is the Ugandan Shilling. Its ISO code is UGX and the official abbreviation is Ush. The division is in 100 cents. The Uganda shilling is available in banknotes as well as in coin form. The banknotes are issued at 1000, 2000, 5000, 10,000, 20,000 and 50,000 Ush. The coins are…

Iceland, the second largest island state in Europe with an area of ​​around 103,000 km², a member of EFTA and a founding member of NATO, is a member of the EU, but they use the currency unit Icelandic krona which has the ISO code ISK. History of the Icelandic currency Similar to the currency form…

The Jamaican dollar is the official currency of the Caribbean island state of Jamaica. Its ISO code is JMD and its symbol is J $. It is issued by the Bank of Jamaica. The Jamaican dollar is available in banknotes of 50, 100, 500 and 1000 dollars, the coins in the denominations of 1, 5,…

The Jordanian Dinar is the currency of Jordan and the Palestinian Autonomous Areas in the West Bank. Its ISO code is JOD and it is abbreviated to JD. There is no official symbol for the dinar, so it is represented by its abbreviation JD. History of the Jordanian currency The dinar was introduced in 1949….

The name of the Japanese currency unit can be taken for coin in any way. The Yen designation refers straight away to a “round object”. In international financial transactions, however, the yen is listed with the ISO currency code JPY and the code number 392. Based on the meaning, the Japanese currency carrier ranks higher…

The Kenyan Shilling, the currency in Kenya (English Kenya). The abbreviation is K.Sh. The ISO 4217 code for the Kenyan shilling is KES. Since Kenya is under controlled floating to ensure a stable currency, the Kenyan shilling is not tied to an exchange rate. The Kenyan shilling is only used in Kenya. The currency is…

The Cambodian riel is the national currency of Cambodia and is used exclusively in this country as a means of payment. The Riel – also known as Khmer Riel in the local language – is officially abbreviated to KHR in accordance with ISO 4217, but the unofficial abbreviation CR is also used. History of the…

The official currency of North Korea is the North Korean won, which is divided into 100 Chŏn. The ISO code of the won is 4217 and the international currency abbreviation is KPW. The currency symbol for the won is ₩. History and development of the North Korean currency The currency is used exclusively in North…

The won is the South Korean national currency. Its official abbreviation is ₩ or 원. One won corresponds to 100 Chŏn, which is currently no longer relevant. The ISO 4117 code for the won is KRW. Won coins are available in the versions 1 ₩, 5 ₩, 10 ₩, 50 ₩, 100 ₩ and 500…

The Kuwaiti Dinar is the currency of the Emirate of Kuwait. The Kuwaiti dinar is a thousand currency. A dinar consists of 1,000 fils. From the Kuwaiti dinar there are banknotes of ¼, ½, 1, 5, 10 and 20 dinars as well as coins of 1, 5, 10, 20, 50 and 100 fils. The ISO…

The currency of Kazakhstan is the tenge (теңге), which means something like “balance” in Kazakh. 1 tenge consists of 100 tijn, but these are no longer in circulation. The ISO code of the tenge is KZT, the currency code T and the symbol of the tenge looks like this 〒. The only country with the…

The kip is the national currency of Laos. The Kip’s ISO code is LAK and the currency abbreviation matches the symbol Symbol. Today there are only notes in denominations of 100, 500, 1000, 2000, 5000, 10,000, 20,000, 50,000 and 100,000 Kip. Due to the low value of the currency, coins and bills of less than…

The currency of Lebanon is the Lebanese pound. It has the ISO 4217 code LBP and the official abbreviation L £. The Lebanese currency is divided into pounds and piastres, with 1 pound being 100 piasters. There are banknotes of 1, 5, 10, 25, 50, 100, 250, 500, 1000, 5000, 10,000, 20,000, 50,000 and 100,000…

The Sri Lankan Rupee is the currency in Sri Lanka. Its ISO code is LKR and its official symbol is Rs. Since then, the Sri Lankan coat of arms has been on the front of the Sri Lankan rupee. On the reverse is the value of the coin and is indicated in the languages ​​Sinhala,…

The loti has been the official currency in the Kingdom of Lesotho since then. The Loti’s issuing bank is the Central Bank of Lesotho. The exchange rate of the Loti to the Rand is fixed due to the monetary union and has a ratio of 1: 1. The ISO code of the currency is LSL,…

The lats, in the plural, lati, was used as a means of payment in Latvia until December 2013. The ISO code is LVL, the common abbreviation is Ls. Exchange of the Latvian lats in euros Even if the lats can no longer be used as a means of payment in Latvia, you can. Both the…

The Libyan dinar is the official currency of the Republic of Libya. The ISO 4217 code is LYD. The symbol is the abbreviation LD or ل.د. The Libyan dinar is only valid in Libya and is not related to any other currency. However, since “dinar” is a common currency denomination in many Arab countries, the…