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180+ World Currency List & Country Symbols for 2025: Names, Signs, and ISO Codes

Written by Sarah Abbas

Updated 29 August 2025

world-currency-list-symbols

Table of Contents

    This World Currency List and Symbols for 2025 brings together more than 180 global currencies, complete with their official names, signs, and ISO codes. Knowing these details is useful not only for forex traders and investors, but also for travelers, students, and anyone dealing with international payments.

    By understanding how currencies and their symbols are standardized, you can read exchange rates more easily, recognize currency signs at a glance, and use ISO codes for accurate financial transactions.

    Key Takeaways

    • The World Currency List and Symbols 2025 covers over 180 official currencies, detailing their names, ISO codes, and signs, helping readers distinguish between money systems worldwide.

    • Understanding the difference between currency names, symbols, and ISO codes is essential for forex traders, investors, and travelers to navigate exchange rates and financial transactions accurately.

    • While some currencies like the US Dollar (USD), Euro (EUR), and Japanese Yen (JPY) dominate global trade and reserves, others are regionally shared, pegged, or even considered the world’s strongest or weakest by exchange rate value.

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    What is a Currency?

    At its core, currency refers to a system of money in use within a specific country or region. It serves as the accepted medium of exchange for goods and services, making trade possible both locally and internationally.

    In simple terms, currency meaning is the practical form of money that people carry, whether in coins, paper notes, or increasingly in digital formats.

    It is important to distinguish between currency, money, and legal tender. Money is the broader concept,  it represents the idea of value used for exchange, store of wealth, and measurement of worth.

    Currency is the physical or digital representation of that money, like the US Dollar (USD) or Euro (EUR).

    Legal tender, on the other hand, is the form of currency that a government officially recognizes for settling debts. For example, while gold has historically been considered money, only the notes and coins issued by a central bank count as legal tender today.

    In the context of international money, currencies act as the backbone of global trade and investment. They allow countries to buy and sell across borders, investors to manage assets worldwide, and travelers to exchange value seamlessly. Without standardized currencies, modern global commerce would not exist.

     

    What Are ISO 4217 Currency Codes?

    The ISO 4217 currency codes are the international standard used to identify currencies worldwide. Each currency is assigned a unique three-letter code, such as USD for the United States Dollar, EUR for the Euro, and JPY for the Japanese Yen. This system ensures consistency in global finance and prevents confusion between currencies with similar names.

    ISO codes matter because they provide clarity and precision in international money transactions. For example, the “dollar” is used in multiple countries: the US Dollar (USD), Canadian Dollar (CAD), and Australian Dollar (AUD). Without standardized ISO codes, distinguishing between them in banking, trading, or travel would be difficult.

    ISO codes vs. currency symbols:

    • ISO codes: Alphabetic identifiers like USD, EUR, GBP.

    • Symbols: Graphic representations like $, , £.

    • Key difference: ISO codes are used in professional and financial settings, while symbols are common in everyday prices and receipts.

    When to use names, symbols, and codes:

    • Currency names (Euro, Yen): general references in text.

    • Symbols ($, €): everyday usage such as shopping, invoices, or receipts.

    • ISO codes (USD, EUR): financial reports, forex platforms, and cross-border banking.

     

    What Are Currency Symbols and Signs?

    Currency symbols and signs are the graphic representations used to denote money in everyday life. They make it easy to identify a currency at a glance, whether on receipts, price tags, or trading screens. Unlike ISO codes, which use three letters, symbols are designed for quick recognition.

     

    Symbol vs. Sign vs. Code

    • Symbol: A graphic mark, such as for the Indian Rupee or $ for the US Dollar.

    • Sign: Often interchangeable with “symbol,” but in some contexts refers to the written mark that represents the currency (e.g., £).

    • Code: The standardized three-letter ISO 4217 format, such as INR for the Indian Rupee.

    Example:

    • = symbol

    • INR = code

    • Rupee = currency name

    Short history of major symbols:

    • $ (Dollar): Originated from the Spanish peso (“pieces of eight”), later adapted in the US in the late 18th century.

    • £ (Pound Sterling): Derived from the Latin libra, meaning weight or balance.

    • € (Euro): Introduced in 1999, designed to represent stability and unity in the European Union.

    • ¥ (Yen/Yuan): Based on the Chinese character for “round object,” reflecting the shape of coins.

    Together, these currency symbols simplify international money use, bridging the gap between technical ISO codes and everyday financial transactions.

     

    Global Currency List with Country, ISO Code and Symbol  

    Here’s the most updated global currency list for 2025 featuring more than 180 countries and territories. The table includes official currency and country names, ISO 4217 codes, symbols/signs, and important notes (like pegged rates or monetary unions). 

    Country

    Currency Name

    ISO Code

    Symbol / Sign

    Notes

    Afghanistan

    Afghani

    AFN

    ؋

    Independent currency

    Albania

    Lek

    ALL

    L

    Independent currency

    Algeria

    Algerian Dinar

    DZD

    دج

    Independent currency

    Andorra

    Euro

    EUR

    Uses EUR (no national currency)

    Angola

    Kwanza

    AOA

    Kz

    Independent currency

    Antigua & Barbuda

    East Caribbean Dollar

    XCD

    $

    Shared currency (Eastern Caribbean)

    Argentina

    Argentine Peso

    ARS

    $

    Independent currency

    Armenia

    Armenian Dram

    AMD

    ֏

    Independent currency

    Australia

    Australian Dollar

    AUD

    $

    Independent currency

    Austria

    Euro

    EUR

    Uses EUR (Eurozone member)

    Azerbaijan

    Azerbaijani Manat

    AZN

    Independent currency

    Bahamas

    Bahamian Dollar

    BSD

    $

    Pegged 1:1 USD

    Bahrain

    Bahraini Dinar

    BHD

    .د.ب

    Pegged to USD

    Bangladesh

    Taka

    BDT

    Independent currency

    Barbados

    Barbadian Dollar

    BBD

    $

    Pegged 2:1 USD

    Belarus

    Belarusian Ruble

    BYN

    Br

    Independent currency

    Belgium

    Euro

    EUR

    Uses EUR (Eurozone member)

    Belize

    Belize Dollar

    BZD

    $

    Pegged 2:1 USD

    Benin

    West African CFA Franc

    XOF

    Fr

    Shared currency (West African Union)

    Bhutan

    Ngultrum

    BTN

    Nu.

    Pegged 1:1 INR

    Bolivia

    Boliviano

    BOB

    Bs.

    Independent currency

    Bosnia & Herzegovina

    Convertible Mark

    BAM

    KM

    Pegged to EUR

    Botswana

    Pula

    BWP

    P

    Independent currency

    Brazil

    Brazilian Real

    BRL

    R$

    Independent currency

    Brunei

    Brunei Dollar

    BND

    $

    Pegged to SGD

    Bulgaria

    Bulgarian Lev

    BGN

    лв

    Independent currency

    Burkina Faso

    West African CFA Franc

    XOF

    Fr

    Shared currency (West African Union)

    Burundi

    Burundian Franc

    BIF

    Fr

    Independent currency

    Cambodia

    Riel

    KHR

    Independent currency

    Cameroon

    Central African CFA Franc

    XAF

    Fr

    Shared currency (Central African Union)

    Canada

    Canadian Dollar

    CAD

    $

    Independent currency

    Cape Verde

    Cape Verdean Escudo

    CVE

    $

    Pegged to EUR

    Central African Republic

    Central African CFA Franc

    XAF

    Fr

    Shared currency (Central African Union)

    Chad

    Central African CFA Franc

    XAF

    Fr

    Shared currency (Central African Union)

    Chile

    Chilean Peso

    CLP

    $

    Independent currency

    China

    Renminbi (Yuan)

    CNY

    ¥

    Independent currency

    Colombia

    Colombian Peso

    COP

    $

    Independent currency

    Comoros

    Comorian Franc

    KMF

    Fr

    Pegged to EUR

    Congo (DRC)

    Congolese Franc

    CDF

    Fr

    Independent currency

    Congo (Republic)

    Central African CFA Franc

    XAF

    Fr

    Shared currency (Central African Union)

    Costa Rica

    Costa Rican Colón

    CRC

    Independent currency

    Croatia

    Euro

    EUR

    Adopted EUR in 2023

    Cuba

    Cuban Peso

    CUP

    $

    Independent currency

    Cyprus

    Euro

    EUR

    Uses EUR (Eurozone member)

    Czech Republic

    Czech Koruna

    CZK

    Independent currency

    Denmark

    Danish Krone

    DKK

    kr

    Independent currency

    Djibouti

    Djiboutian Franc

    DJF

    Fr

    Pegged to USD

    Dominica

    East Caribbean Dollar

    XCD

    $

    Shared currency (Eastern Caribbean)

    Dominican Republic

    Dominican Peso

    DOP

    $

    Independent currency

    Ecuador

    US Dollar

    USD

    $

    Dollarized economy

    Egypt

    Egyptian Pound

    EGP

    £ / ج.م

    Independent currency

    El Salvador

    US Dollar / Bitcoin

    USD / BTC

    $ / ₿

    Officially USD + BTC

    Equatorial Guinea

    Central African CFA Franc

    XAF

    Fr

    Shared currency (Central African Union)

    Eritrea

    Nakfa

    ERN

    Nfk

    Independent currency

    Estonia

    Euro

    EUR

    Uses EUR (Eurozone member)

    Eswatini (Swaziland)

    Lilangeni

    SZL

    E

    Pegged to ZAR

    Ethiopia

    Ethiopian Birr

    ETB

    Br

    Independent currency

    Fiji

    Fijian Dollar

    FJD

    $

    Independent currency

    Finland

    Euro

    EUR

    Uses EUR (Eurozone member)

    France

    Euro

    EUR

    Uses EUR (Eurozone member)

    Gabon

    Central African CFA Franc

    XAF

    Fr

    Shared currency (Central African Union)

    Gambia

    Gambian Dalasi

    GMD

    D

    Independent currency

    Georgia

    Georgian Lari

    GEL

    Independent currency

    Germany

    Euro

    EUR

    Uses EUR (Eurozone member)

    Ghana

    Ghanaian Cedi

    GHS

    Independent currency

    Greece

    Euro

    EUR

    Uses EUR (Eurozone member)

    Grenada

    East Caribbean Dollar

    XCD

    $

    Shared currency (Eastern Caribbean)

    Guatemala

    Guatemalan Quetzal

    GTQ

    Q

    Independent currency

    Guinea

    Guinean Franc

    GNF

    Fr

    Independent currency

    Guinea-Bissau

    West African CFA Franc

    XOF

    Fr

    Shared currency (West African Union)

    Guyana

    Guyanese Dollar

    GYD

    $

    Independent currency

    Haiti

    Haitian Gourde

    HTG

    G

    Independent currency

    Honduras

    Honduran Lempira

    HNL

    L

    Independent currency

    Hungary

    Hungarian Forint

    HUF

    Ft

    Independent currency

    Iceland

    Icelandic Krona

    ISK

    kr

    Independent currency

    India

    Indian Rupee

    INR

    Independent currency

    Indonesia

    Indonesian Rupiah

    IDR

    Rp

    Independent currency

    Iran

    Iranian Rial

    IRR

    Independent currency

    Iraq

    Iraqi Dinar

    IQD

    ع.د

    Independent currency

    Ireland

    Euro

    EUR

    Uses EUR (Eurozone member)

    Israel

    Israeli New Shekel

    ILS

    Independent currency

    Italy

    Euro

    EUR

    Uses EUR (Eurozone member)

    Ivory Coast (Côte d'Ivoire)

    West African CFA Franc

    XOF

    Fr

    Shared currency (West African Union)

    Jamaica

    Jamaican Dollar

    JMD

    $

    Independent currency

    Japan

    Japanese Yen

    JPY

    ¥

    Independent currency

    Jordan

    Jordanian Dinar

    JOD

    د.ا

    Pegged to USD

    Kazakhstan

    Kazakhstani Tenge

    KZT

    Independent currency

    Kenya

    Kenyan Shilling

    KES

    Sh

    Independent currency

    Kiribati

    Australian Dollar

    AUD

    $

    Uses foreign currency

    Korea, North

    North Korean Won

    KPW

    Independent currency

    Korea, South

    South Korean Won

    KRW

    Independent currency

    Kuwait

    Kuwaiti Dinar

    KWD

    د.ك

    One of the strongest currencies

    Kyrgyzstan

    Kyrgyzstani Som

    KGS

    с

    Independent currency

    Laos

    Lao Kip

    LAK

    Independent currency

    Latvia

    Euro

    EUR

    Uses EUR (Eurozone member)

    Lebanon

    Lebanese Pound

    LBP

    ل.ل

    Pegged/managed

    Lesotho

    Lesotho Loti

    LSL

    L

    Pegged to South African Rand

    Liberia

    Liberian Dollar

    LRD

    $

    Independent currency

    Libya

    Libyan Dinar

    LYD

    ل.د

    Independent currency

    Liechtenstein

    Swiss Franc

    CHF

    Fr

    Uses foreign currency

    Lithuania

    Euro

    EUR

    Uses EUR (Eurozone member)

    Luxembourg

    Euro

    EUR

    Uses EUR (Eurozone member)

    Madagascar

    Malagasy Ariary

    MGA

    Ar

    Independent currency

    Malawi

    Malawian Kwacha

    MWK

    MK

    Independent currency

    Malaysia

    Malaysian Ringgit

    MYR

    RM

    Independent currency

    Maldives

    Maldivian Rufiyaa

    MVR

    Rf

    Independent currency

    Mali

    West African CFA Franc

    XOF

    Fr

    Shared currency (WAEMU)

    Malta

    Euro

    EUR

    Uses EUR (Eurozone member)

    Marshall Islands

    United States Dollar

    USD

    $

    Uses foreign currency

    Mauritania

    Mauritanian Ouguiya

    MRU

    UM

    Independent currency

    Mauritius

    Mauritian Rupee

    MUR

    Independent currency

    Mexico

    Mexican Peso

    MXN

    $

    Independent currency

    Micronesia

    United States Dollar

    USD

    $

    Uses foreign currency

    Moldova

    Moldovan Leu

    MDL

    L

    Independent currency

    Monaco

    Euro

    EUR

    Uses EUR (Eurozone member)

    Mongolia

    Mongolian Tögrög

    MNT

    Independent currency

    Montenegro

    Euro

    EUR

    Uses EUR (not official EU member)

    Morocco

    Moroccan Dirham

    MAD

    د.م

    Independent currency

    Mozambique

    Mozambican Metical

    MZN

    MT

    Independent currency

    Myanmar

    Burmese Kyat

    MMK

    K

    Independent currency

    Namibia

    Namibian Dollar

    NAD

    $

    Pegged to South African Rand

    Nauru

    Australian Dollar

    AUD

    $

    Uses foreign currency

    Nepal

    Nepalese Rupee

    NPR

    Pegged to Indian Rupee

    Netherlands

    Euro

    EUR

    Uses EUR (Eurozone member)

    New Zealand

    New Zealand Dollar

    NZD

    $

    Independent currency

    Nicaragua

    Nicaraguan Córdoba

    NIO

    C$

    Independent currency

    Niger

    West African CFA Franc

    XOF

    Fr

    Shared currency (WAEMU)

    Nigeria

    Nigerian Naira

    NGN

    Independent currency

    North Macedonia

    Macedonian Denar

    MKD

    ден

    Independent currency

    Norway

    Norwegian Krone

    NOK

    kr

    Independent currency

    Oman

    Omani Rial

    OMR

    ر.ع.

    Pegged to USD

    Pakistan

    Pakistani Rupee

    PKR

    Independent currency

    Palau

    United States Dollar

    USD

    $

    Uses foreign currency

    Panama

    Panamanian Balboa

    PAB

    B/.

    Pegged to USD (also uses USD)

    Papua New Guinea

    Papua New Guinean Kina

    PGK

    K

    Independent currency

    Paraguay

    Paraguayan Guaraní

    PYG

    Independent currency

    Peru

    Peruvian Sol

    PEN

    S/

    Independent currency

    Philippines

    Philippine Peso

    PHP

    Independent currency

    Poland

    Polish Zloty

    PLN

    Independent currency

    Portugal

    Euro

    EUR

    Uses EUR (Eurozone member)

    Qatar

    Qatari Riyal

    QAR

    ر.ق

    Pegged to USD

    Romania

    Romanian Leu

    RON

    lei

    Independent currency

    Russia

    Russian Ruble

    RUB

    Independent currency

    Rwanda

    Rwandan Franc

    RWF

    FRw

    Independent currency

    Saint Kitts and Nevis

    East Caribbean Dollar

    XCD

    $

    Shared currency (Eastern Caribbean)

    Saint Lucia

    East Caribbean Dollar

    XCD

    $

    Shared currency (Eastern Caribbean)

    Saint Vincent and the Grenadines

    East Caribbean Dollar

    XCD

    $

    Shared currency (Eastern Caribbean)

    Samoa

    Samoan Tala

    WST

    WS$

    Independent currency

    San Marino

    Euro

    EUR

    Uses EUR (Eurozone member)

    Saudi Arabia

    Saudi Riyal

    SAR

    ر.س

    Pegged to USD

    Senegal

    West African CFA Franc

    XOF

    CFA

    Shared currency (WAEMU)

    Serbia

    Serbian Dinar

    RSD

    din

    Independent currency

    Seychelles

    Seychellois Rupee

    SCR

    Independent currency

    Sierra Leone

    Sierra Leonean Leone

    SLL

    Le

    Independent currency

    Singapore

    Singapore Dollar

    SGD

    $

    Independent currency

    Slovakia

    Euro

    EUR

    Uses EUR (Eurozone member)

    Slovenia

    Euro

    EUR

    Uses EUR (Eurozone member)

    Solomon Islands

    Solomon Islands Dollar

    SBD

    SI$

    Independent currency

    Somalia

    Somali Shilling

    SOS

    Sh

    Independent currency

    South Africa

    South African Rand

    ZAR

    R

    Independent currency

    South Korea

    South Korean Won

    KRW

    Independent currency

    South Sudan

    South Sudanese Pound

    SSP

    £

    Independent currency

    Spain

    Euro

    EUR

    Uses EUR (Eurozone member)

    Sri Lanka

    Sri Lankan Rupee

    LKR

    Independent currency

    Sudan

    Sudanese Pound

    SDG

    ج.س

    Independent currency

    Suriname

    Surinamese Dollar

    SRD

    $

    Independent currency

    Sweden

    Swedish Krona

    SEK

    kr

    Independent currency

    Switzerland

    Swiss Franc

    CHF

    Fr

    Independent currency

    Syria

    Syrian Pound

    SYP

    £

    Independent currency

    Taiwan

    New Taiwan Dollar

    TWD

    NT$

    Independent currency

    Tajikistan

    Tajikistani Somoni

    TJS

    SM

    Independent currency

    Tanzania

    Tanzanian Shilling

    TZS

    Sh

    Independent currency

    Thailand

    Thai Baht

    THB

    ฿

    Independent currency

    Timor-Leste

    United States Dollar

    USD

    $

    Uses foreign currency

    Togo

    West African CFA Franc

    XOF

    CFA

    Shared currency (WAEMU)

    Tonga

    Tongan Paʻanga

    TOP

    T$

    Independent currency

    Trinidad and Tobago

    Trinidad and Tobago Dollar

    TTD

    TT$

    Independent currency

    Tunisia

    Tunisian Dinar

    TND

    د.ت

    Independent currency

    Turkey

    Turkish Lira

    TRY

    Independent currency

    Turkmenistan

    Turkmenistani Manat

    TMT

    m

    Independent currency

    Tuvalu

    Australian Dollar

    AUD

    $

    Uses foreign currency

    Uganda

    Ugandan Shilling

    UGX

    Sh

    Independent currency

    Ukraine

    Ukrainian Hryvnia

    UAH

    Independent currency

    United Arab Emirates

    UAE Dirham

    AED

    د.إ

    Pegged to USD

    United Kingdom

    Pound Sterling

    GBP

    £

    Independent currency

    United States

    United States Dollar

    USD

    $

    World’s primary reserve currency

    Uruguay

    Uruguayan Peso

    UYU

    $U

    Independent currency

    Uzbekistan

    Uzbekistani Som

    UZS

    soʻm

    Independent currency

    Vanuatu

    Vanuatu Vatu

    VUV

    VT

    Independent currency

    Vatican City

    Euro

    EUR

    Uses EUR (Eurozone member)

    Venezuela

    Venezuelan Bolívar

    VES

    Bs.

    High inflation currency

    Vietnam

    Vietnamese Dong

    VND

    Independent currency

    Yemen

    Yemeni Rial

    YER

    Independent currency

    Zambia

    Zambian Kwacha

    ZMW

    ZK

    Independent currency

    Zimbabwe

    Zimbabwean Dollar

    ZWL

    Z$

    Reintroduced, history of hyperinflation

     

    For quick reference and offline access, you can download the complete all countries currency names list PDF (link this too). This document provides detailed information about every country’s official currency name, signs, international symbols, and ISO codes. Whether you are a student, trader, or researcher, this PDF is a reliable resource for understanding global currencies at a glance.

    All Countries Currency Name List PDF Download

     

    Regional Currency Breakdowns

    The world currency list and symbols can be better understood by looking at regions, where shared and independent currencies shape trade, travel, and global finance.

     

    Asia

    Asia is home to some of the world’s most influential and diverse currencies, reflecting its role as both a global manufacturing hub and a fast-growing consumer market.

    From the Japanese Yen to the Indian Rupee and the Chinese Yuan, Asian currencies are central to international money flows in trade, investment, and forex markets.

    Some are free-floating, while others are pegged to the US Dollar to maintain stability, with the Japanese Yen often regarded as the strongest currency in Asia due to its global reserve status and safe-haven appeal.

    Key Asian Currencies:

    • INR – Indian Rupee (₹)
       Independent currency issued by the Reserve Bank of India. Widely used in South Asia, pegged historically to the Pound but now free-floating. Plays a vital role in regional trade and remittances.

    • CNY – Chinese Yuan (¥)
       Also known as the Renminbi (RMB). Controlled by the People’s Bank of China, with partial international convertibility. Increasingly important as China expands its role in global finance.

    • JPY – Japanese Yen (¥)
       One of the most traded currencies in the world and a safe-haven asset. Used widely in global forex markets and known for its low-interest rate environment.

    • KRW – South Korean Won (₩)
       Independent currency, reflecting South Korea’s status as a leading tech exporter. Free-floating but closely monitored by the central bank.

    • AED – UAE Dirham (د.إ)
       Pegged to the US Dollar, providing stability for trade and investment. The UAE serves as a financial hub in the Middle East.

    • SAR – Saudi Riyal (ر.س)
       Pegged to the US Dollar, reflecting the kingdom’s oil exports. One of the strongest regional currencies with high importance in energy trade.

    • THB – Thai Baht (฿)
       Independent currency with a floating exchange rate. Strongly linked to tourism and manufacturing industries in Southeast Asia.

    • IDR – Indonesian Rupiah (Rp)
       Free-floating currency issued by Bank Indonesia. Sensitive to global commodity price movements due to the country’s resource-driven economy.

    • PKR – Pakistani Rupee (₨)
       Independent but volatile currency. Influenced by external debt, remittances, and IMF programs.

    • IQD – Iraqi Dinar (ع.د)
       Independent currency, primarily oil-backed, though not widely traded internationally.

     

    Europe

    Europe has one of the most complex currency landscapes in the world. While many countries share the Euro (EUR) as part of the Eurozone, several states maintain their own independent currencies.

    The region is also home to some of the oldest currencies still in circulation, such as the British Pound, and some of the strongest, like the Swiss Franc, often considered the strongest currency in Europe thanks to its stability and safe-haven status.

    At the other end of the spectrum, currencies such as the Hungarian Forint are sometimes cited as the weakest currency in Europe, reflecting higher volatility compared to Western European counterparts. Europe’s mix of shared and national currencies reflects both economic integration and sovereignty.

    Key European Currencies:

    • EUR – Euro (€)
       Shared by 20+ countries in the Eurozone, making it the world’s second most traded currency after the US Dollar. Represents economic unity in the European Union.

    • GBP – British Pound Sterling (£)
       The oldest continuously used currency in the world. Independent from the Eurozone, it remains one of the top global reserve currencies.

    • CHF – Swiss Franc (Fr)
       Known as a safe-haven currency. Issued by Switzerland and Liechtenstein, it is prized for stability, strong banking systems, and low inflation.

    • SEK – Swedish Krona (kr)
       Independent floating currency of Sweden. The country opted out of adopting the Euro.

    • NOK – Norwegian Krone (kr)
       Independent currency tied closely to Norway’s oil exports. Free-floating but influenced by global energy prices.

    • DKK – Danish Krone (kr)
       Pegged to the Euro under the ERM II system. Denmark is an EU member but not part of the Eurozone.

    • PLN – Polish Zloty (zł)
       Independent currency of Poland. Free-floating and vital to Central European trade.

    • HUF – Hungarian Forint (Ft)
       Independent currency of Hungary, known for higher volatility compared to Western European currencies.
      CZK – Czech Koruna (Kč)
       Independent currency, not tied to the Euro. Used in one of the most industrially developed Central European economies.

    • RUB – Russian Ruble (₽)
       Independent currency of Russia, heavily influenced by energy exports and international sanctions.

    • TRY – Turkish Lira (₺)
       Official currency of Turkey. Independent but marked by volatility and high inflation in recent years.

     

    Africa

    Africa has one of the most diverse currency systems in the world, with more than 40 independent national currencies and several regional shared currencies like the West African CFA Franc and the Central African CFA Franc.

    While some currencies are pegged to the Euro or US Dollar for stability, others remain highly volatile due to inflation and economic challenges. Africa’s currencies are vital for trade in natural resources, agriculture, and energy.

    The strongest currency in Africa is often considered the Libyan Dinar, known for its high exchange value, while the weakest currency in Africa includes the Sierra Leonean Leone, reflecting ongoing inflation and economic struggles. Africa’s currencies remain vital for trade in natural resources, agriculture, and energy.

    Key African Currencies:

    • NGN – Nigerian Naira (₦)
       Independent currency, used by Africa’s largest economy. Highly volatile, influenced by oil prices, foreign reserves, and government policy.

    • ZAR – South African Rand (R)
       Independent floating currency, widely traded and used as a benchmark for Southern Africa. Pegged regionally to currencies like the Namibian Dollar (NAD) and Lesotho Loti (LSL).

    • EGP – Egyptian Pound (£ / ج.م)
       Independent currency, heavily influenced by tourism, Suez Canal revenues, and government monetary policy.

    • KES – Kenyan Shilling (Sh)
       Independent currency used in East Africa, reflecting Kenya’s role as a regional financial hub.

    • XOF – West African CFA Franc (Fr)
       Shared by eight West African countries. Pegged to the Euro, providing stability across the West African Economic and Monetary Union (WAEMU).

    • XAF – Central African CFA Franc (Fr)
       Shared by six Central African countries. Also pegged to the Euro, managed by the Bank of Central African States.

    • ETB – Ethiopian Birr (Br)
       Independent currency of Ethiopia, often under pressure from inflation and limited foreign reserves.

    • GHS – Ghanaian Cedi (₵)
       Independent but volatile currency. Subject to depreciation due to inflation and reliance on gold, cocoa, and oil exports.

    • TZS – Tanzanian Shilling (Sh)
       Independent currency, free-floating, tied closely to agriculture and natural gas exports.

    • MAD – Moroccan Dirham (د.م)
       Independent currency, relatively stable, supported by tourism, mining, and remittances.

    • DZD – Algerian Dinar (دج)
       Independent but tightly managed currency, reflecting Algeria’s dependence on oil and gas exports.

    • SLL – Sierra Leonean Leone (Le)
       Independent currency, recently redenominated in 2022 due to high inflation.

     

    North America

    North America is dominated by the US Dollar (USD), which is not only the region’s most important currency but also the world’s primary reserve currency. Several countries in the region either peg their currencies to the USD or use it directly. Alongside the dollar, independent national currencies like the Canadian Dollar and Mexican Peso play a crucial role in trade across the Americas.

    Key North American Currencies:

    • USD – United States Dollar ($)
       The most widely used currency in the world and the leading global reserve asset. Official currency of the US and also adopted by countries like El Salvador, Ecuador, and Panama.

    • CAD – Canadian Dollar ($)
       Independent floating currency. Known as the “loonie,” it is heavily influenced by oil, natural gas, and commodity exports.

    • MXN – Mexican Peso ($)
       Independent floating currency, one of the most traded emerging market currencies. Strongly tied to US trade and manufacturing.

    • XCD – East Caribbean Dollar ($)
       Shared regional currency across several Caribbean nations, pegged to the USD for stability.

    • BSD – Bahamian Dollar ($)
       Pegged 1:1 to the USD, ensuring stability for tourism and financial services.

    • BBD – Barbadian Dollar ($)
       Pegged at 2:1 to the USD. Widely used across the island nation.

    • BZD – Belize Dollar ($)
       Pegged at 2:1 to the USD. Maintains stability through tourism and agricultural trade.

    • HTG – Haitian Gourde (G)
       Independent currency. Prone to volatility due to political and economic instability.

    • CUP – Cuban Peso ($)
       Independent national currency. Cuba also uses the USD informally, though government controls remain strict.

    • DOP – Dominican Peso (RD$)
       Independent currency, influenced by tourism and remittances.

     

    South America

    South America’s currency landscape reflects both its economic diversity and its volatility. Resource-rich nations like Brazil and Chile maintain actively traded, independent currencies, while countries such as Argentina and Venezuela struggle with inflation and devaluation. In some cases, like Ecuador, the US Dollar (USD) is adopted outright to provide monetary stability.

    Key South American Currencies:

    • BRL – Brazilian Real (R$)
       Independent floating currency and the most traded in South America. Strongly tied to Brazil’s commodity exports, especially soybeans, coffee, and iron ore.

    • ARS – Argentine Peso ($)
       Independent but highly unstable currency. Subject to repeated devaluations and capital controls due to chronic inflation.

    • CLP – Chilean Peso ($)
       Independent floating currency. Considered relatively stable, reflecting Chile’s copper-driven economy.

    • COP – Colombian Peso ($)
       Independent floating currency influenced by oil, coffee, and coal exports. Frequently traded in Latin American forex markets.

    • PEN – Peruvian Sol (S/)
       Independent and relatively stable currency, backed by prudent monetary policies and exports such as copper and gold.

    • UYU – Uruguayan Peso ($U)
       Independent currency, moderately stable compared to neighbors, supported by agriculture and services.

    • PYG – Paraguayan Guaraní (₲)
       Independent currency, one of the oldest in the region. Influenced by agriculture, especially soy and beef exports.

    • VES – Venezuelan Bolívar (Bs.)
       Independent currency but highly unstable due to hyperinflation. The USD is widely used in practice for daily transactions.

    • USD – United States Dollar ($)
       Official currency in Ecuador and widely circulated in other South American countries for stability.

     

    Oceania

    Oceania’s currency system combines major global players like the Australian Dollar (AUD) and New Zealand Dollar (NZD) with smaller island nations that either use these strong currencies directly or peg their own to them.

    The AUD, in particular, is one of the most traded currencies worldwide, reflecting Australia’s role as a resource exporter and financial hub in the Asia-Pacific.

    Key Oceanian Currencies:

    • AUD – Australian Dollar ($)
       Independent floating currency, one of the top 5 traded globally. Strongly linked to commodities such as iron ore, coal, and natural gas. Also used in several Pacific nations (Kiribati, Tuvalu, Nauru).

    • NZD – New Zealand Dollar ($)
       Independent floating currency, nicknamed the “kiwi.” Influenced by agriculture and dairy exports. Popular in forex markets for carry trades.

    • PGK – Papua New Guinean Kina (K)
       Independent currency, moderately volatile, reflecting Papua New Guinea’s reliance on resource exports like gold and natural gas.

    • SBD – Solomon Islands Dollar (SI$)
       Independent national currency, influenced by agriculture and limited global trade exposure.

    • WST – Samoan Tala (WS$)
       Independent currency, tied closely to remittances and tourism.

    • TOP – Tongan Paʻanga (T$)
       Independent currency, partially pegged to a basket of foreign currencies for stability.

    • VUV – Vanuatu Vatu (VT)
       Independent floating currency, reflecting the small island nation’s reliance on agriculture, aid, and tourism.

    • FJD – Fijian Dollar ($)
       Independent currency, widely used in the Pacific. Tourism and remittances are key influences.

     

    Most Popular & Widely Used Currencies

    A few currencies dominate global finance, accounting for the majority of international trade, forex transactions, and central bank reserves. These major currencies are trusted worldwide because of the economic strength of the countries behind them and their stability in global markets.

    Key Widely Used Currencies:

    • USD – United States Dollar ($): The most important global currency, used in over 80% of forex trades. Acts as the world’s primary reserve currency and is widely accepted for international payments.

    • EUR – Euro (€): Shared by more than 20 European countries in the Eurozone. The second most traded currency and a major reserve asset.

    • JPY – Japanese Yen (¥): The leading Asian currency in global trade and finance. Frequently used in carry trades and considered a safe-haven asset during times of uncertainty.

    • GBP – British Pound Sterling (£): The oldest continuously used currency, still a top global reserve currency and widely traded in forex markets.

    • CNY – Chinese Yuan (¥): Also called the Renminbi. Increasingly important as China expands its role in global trade and investment. Gaining ground as a reserve currency in Asia and beyond.

    Together, these five currencies dominate international money flows, making them essential for anyone involved in trade, investing, or forex trading.

     

    Top 10 Most Traded Currencies

    The global forex market is dominated by a handful of currencies that account for the majority of daily trading volume. These currencies are the backbone of international trade, investment, and central bank reserves.

     

    Top 10 Currencies by Global Forex Market Share (BIS, 2022)

    Rank

    Currency

    ISO Code

    Symbol

    Share of Daily Forex Trades*

    1

    United States Dollar

    USD

    $

    88%

    2

    Euro

    EUR

    31%

    3

    Japanese Yen

    JPY

    ¥

    17%

    4

    British Pound Sterling

    GBP

    £

    13%

    5

    Australian Dollar

    AUD

    $

    7%

    6

    Canadian Dollar

    CAD

    $

    7%

    7

    Swiss Franc

    CHF

    Fr

    5%

    8

    Chinese Yuan (Renminbi)

    CNY

    ¥

    7%

    9

    Hong Kong Dollar

    HKD

    $

    4%

    10

    Singapore Dollar

    SGD

    $

    4%

    *Percentages exceed 100% because each forex trade involves two currencies.

    These most traded currencies dominate global forex activity, with the USD at the center of nearly every transaction, followed closely by the Euro, Yen, and Pound.

     

    Strongest & Weakest Currencies in the World

    When looking at currencies, it’s important to distinguish between the “strongest” and the “most used.”

    A strong currency is measured by its exchange rate value against the US Dollar, while the most used currencies are those that dominate global trade and forex markets.

    For example, the Kuwaiti Dinar (KWD) is the strongest currency by value, but the US Dollar (USD) is the most widely used worldwide.

     

    Strongest Currencies by Exchange Rate

    Here are the strongest currencies in the world:

    • KWD – Kuwaiti Dinar: The highest-valued currency in the world, supported by Kuwait’s oil wealth.

    • BHD – Bahraini Dinar: Pegged to the USD, maintaining strong value due to the country’s stable economy.

    • OMR – Omani Rial: Pegged to the USD, reflecting Oman’s energy-based economy.

    • JOD – Jordanian Dinar: Pegged to the USD, strong despite limited natural resources, due to effective monetary policy.

     

    Weakest Currencies by Exchange Rate

    Here are the weakest currencies in the world:

    • IRR – Iranian Rial: Severely weakened by inflation and international sanctions.

    • VND – Vietnamese Dong: Low exchange rate value, though stable within Vietnam’s controlled economy.

    • SLL – Sierra Leonean Leone: Among the weakest due to inflation and redenomination.

    • LAK – Lao Kip: Struggles with inflation and limited international demand.

    In short, while the strongest currencies in the world are not always the most traded, they show the highest face value per US Dollar. The weakest currencies reflect economies under strain but may still play vital roles locally.

     

    Lesser-Known & Exotic Currencies

    Beyond the world’s most traded and widely recognized currencies, there are dozens of lesser-known and exotic currencies that play vital roles in their local and regional economies. While they may not dominate the forex market, these currencies are essential for trade, tourism, and daily transactions within their countries.

    Examples of exotic currencies:

    • BTN – Bhutanese Ngultrum (Nu.): Pegged 1:1 to the Indian Rupee. Used primarily in Bhutan’s economy, reflecting its close trade ties with India.

    • SCR – Seychellois Rupee (₨): Independent currency of Seychelles. Small in global terms but vital for tourism and regional trade in the Indian Ocean.

    • WST – Samoan Tala (WS$): Independent currency of Samoa. Strongly linked to remittances, agriculture, and regional Pacific trade.

    These currencies may not appear in the world’s top forex lists, but they are crucial in sustaining regional commerce and represent the unique economic identities of their nations.

     

    Shared & Union Currencies

    Not all countries issue their own independent money. Some adopt shared or union currencies, while others officially use the US Dollar for stability. These arrangements strengthen regional trade and reduce currency risk, but they also limit national monetary control.

     

    Examples of Shared & Union Currencies

    • Euro (EUR):  Used by over 20 countries in the Eurozone, making it the second most traded currency in the world.

    • East Caribbean Dollar (XCD): Shared by eight Caribbean nations, pegged to the USD for stability.

    • CFA Franc (XOF/XAF): Shared across 14 African countries in West and Central Africa, pegged to the Euro and managed by regional central banks.

    • US Dollar (USD) outside the US: Officially adopted in several countries such as Ecuador, Panama, and Zimbabwe, ensuring stability in economies facing high inflation or limited local confidence.

     

    Pegged & Fixed Exchange Rate Currencies

    A pegged currency is one whose value is fixed to another currency, usually the US Dollar (USD) or Euro (EUR). Instead of floating freely in the forex market, the central bank maintains the exchange rate within a narrow band to ensure stability. This system is common in economies that rely on imports, exports, or tourism.

    Examples of Pegged Currencies

    Several currencies maintain fixed rates to the USD or Euro, ensuring predictability in global trade.

    • HKD – Hong Kong Dollar: Pegged to the USD within a controlled band.

    • AED – UAE Dirham (د.إ): Pegged to the USD at a fixed rate, supporting trade and investment.

    • SAR – Saudi Riyal (ر.س): Pegged to the USD, reflecting the country’s role as a major oil exporter.

    • BHD – Bahraini Dinar (د.ب): Pegged to the USD, maintaining one of the highest exchange rates in the world.

     

    Pros of Pegged Currencies

    Pegged systems can benefit smaller or trade-dependent economies by reducing uncertainty.

    • Provide stability for trade and investment.

    • Reduce exchange rate risk in import/export-driven economies.

    • Increase investor and business confidence.

    Cons of Pegged Currencies

    Despite their stability, pegged currencies also limit flexibility and create economic risks.

    • Limit monetary policy independence.

    • Can create pressure on reserves during economic crises.

    • Risk of sudden devaluation if the peg cannot be maintained.

    Pegged currencies show how some nations choose stability over flexibility, tying their monetary policies to stronger global currencies.

     

    Currency Symbols & Their Origins

    Currency symbols make money instantly recognizable, but each one carries a history that reflects culture, trade, and identity.

     

    History of Common Symbols

    The world’s most familiar symbols often trace back centuries of trade and tradition.

    • $ – Dollar: Originated from the Spanish peso, also called “pieces of eight,” later adopted by the US.

    • € – Euro: Introduced in 1999, symbolizing unity and stability in the European Union.

    • ¥ – Yen/Yuan: Based on the Chinese character for “round object,” reflecting the shape of coins.

    • £ – Pound Sterling: Derived from the Latin libra, meaning weight or balance.

    • ₹ – Indian Rupee: Introduced in 2010, combining the Devanagari “र” (Ra) and Latin “R” to represent tradition and modernity.

     

    Special or Unique Symbols

    Some modern currencies have adopted distinctive marks to stand out in global markets.

    • ₽ – Russian Ruble: Introduced in 2013, featuring a Cyrillic “Р” with a horizontal stroke.

    • ₩ – South Korean Won: Symbol based on the letter “W” with double lines for stability.

    • ₿ – Bitcoin: Digital currency symbol modeled after the dollar with two vertical strokes.

    • Ξ – Ethereum: Cryptocurrency symbol inspired by the Greek letter Xi.

    Fun Fact: Not All Currencies Have Symbols

    While many currencies use graphic signs, others rely solely on their ISO codes (like NPR for Nepalese Rupee or MUR for Mauritian Rupee). In global markets, the code often serves as the de facto symbol when no unique sign exists.

     

    Defunct & Historical Currencies

    Throughout history, many currencies have disappeared as economies modernized or joined larger monetary unions. The Deutsche Mark (DEM), French Franc (FRF), and Italian Lira (ITL) were once central to European trade and finance but were replaced by the Euro in 1999 as part of Europe’s economic integration.

    Outside of Europe, the Zimbabwean Dollar became infamous for its period of hyperinflation in the late 2000s, where prices spiraled so quickly that banknotes reached trillions in face value. Today, defunct and historical currencies serve as reminders of how monetary systems evolve with political, social, and economic change.

     

    Cryptocurrency Symbols & Global Use

    Cryptocurrencies have developed their own set of recognizable symbols, much like traditional money. The ₿ for Bitcoin, Ξ for Ethereum, and ₮ for Tether are now widely used in trading platforms, wallets, and online payments.

    While these digital symbols mirror the function of currency signs, they differ in one crucial aspect: most cryptocurrencies are not considered legal tender, meaning they are not officially backed by governments.

    Cryptocurrency symbols are recognized globally in online transactions, exchanges, and financial reporting. However, their legal status varies widely from one country to another.

    • Bitcoin (₿): The first and most popular cryptocurrency, with its symbol modeled after the US Dollar sign.

    • Ethereum (Ξ): Symbol derived from the Greek letter Xi, representing the second-largest blockchain platform.

    • Tether (₮): A stablecoin pegged to the US Dollar, designed to reduce volatility in crypto trading.

    • Litecoin (Ł): One of the earliest Bitcoin alternatives, designed for faster and cheaper transactions.

    • Ripple/XRP (✕ or XRP): A digital asset created for cross-border payments, widely used by banks and payment providers.

    A major case study is El Salvador, which in 2021 became the first country to adopt Bitcoin as legal tender alongside the US Dollar. This bold move highlighted both the opportunities and risks of integrating cryptocurrencies into national economies.

     

    Currency Fun Facts

    Beyond their role in trade and finance, currencies have fascinating stories and unique features that make them stand out around the world.

    • Oldest currency still in use: The British Pound, dating back more than 1,200 years.

    • Most counterfeited currency: The US Dollar, reflecting its global dominance.

    • Most colorful banknotes: The Swiss Franc and the Maldivian Rufiyaa, known for their striking designs.

    • First polymer note: Introduced by Australia in 1988, leading the way in secure and durable money.

     

    Conclusion

    Understanding currency names, codes, and symbols is more than just financial trivia; it’s a practical skill for navigating today’s global economy. ISO codes bring clarity to international transactions, symbols make money instantly recognizable, and knowing the difference between strong, weak, shared, and pegged currencies helps you see how nations manage their economies.

    For forex traders, this knowledge is essential for making informed decisions in a market where accuracy matters. For travelers, recognizing symbols and exchange rates ensures smoother experiences abroad. For investors, tracking global currencies provides insight into economic trends and opportunities.

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    Table of Contents

      FAQs

      As of 2025, there are about 180 official currencies recognized worldwide, each with its own ISO 4217 code. Some are independent national currencies, while others are shared or pegged to stronger ones.

      The US Dollar (USD) is the most widely used currency for global trade, payments, and reserves, involved in around 80% of all forex transactions.

      The Kuwaiti Dinar (KWD) holds the title of the world’s strongest currency by exchange rate value against the US Dollar. On the other end, some of the weakest include the Iranian Rial (IRR), Sierra Leonean Leone (SLL), and Lao Kip (LAK) due to inflation and economic instability.

      No. While many countries have independent currencies, others share common ones like the Euro (EUR) or East Caribbean Dollar (XCD), and some officially use foreign money such as the US Dollar (USD) in Ecuador and Panama.

      Countries adopt shared currencies to simplify trade, ensure monetary stability, and strengthen economic ties. Examples include the Eurozone in Europe and the CFA Franc zones in Africa.

      No. Most cryptocurrencies, including Bitcoin (₿) and Ethereum (Ξ), are not legal tender. However, they are widely used for transactions and trading. A rare exception is El Salvador, which adopted Bitcoin alongside the US Dollar as official currency in 2021.

      Sarah Abbas

      Sarah Abbas

      SEO content writer

      Sarah Abbas is an SEO content writer with close to two years of experience creating educational content on finance and trading. Sarah brings a unique approach by combining creativity with clarity, transforming complex concepts into content that's easy to grasp.

      This written/visual material is comprised of personal opinions and ideas and may not reflect those of the Company. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. XS, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same. Our platform may not offer all the products or services mentioned.

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