List of World Currencies – Money. We all need that. We all want it. Trillions of dollars, pesos, euros, pounds, leva, francs and more exchange hands for goods and services around the world every day. Most of us only know money exchanged for goods and services in our own country and are only interested in getting more.
But there is much more to money than that. What is the relationship between your country’s currency and another country’s currency and why should it matter to me? I’m glad you asked. In this article, we’ll explore some of the world’s currencies and answer some questions you didn’t even know you had.
Currency and its relationship with other currency
First of all, if we are going to discuss currency and its relationship with other currency, we should talk about Forex. This is an abbreviation for foreign exchange or another type of currency.
There is no other market in the world, including Wallstreet, that compares to Forex in terms of the volume of cash traded daily. Retailers, governments, currency speculators, banks, corporations and other financial institutions trade trillions of dollars in currency or foreign currency and other currency settings every day.
That’s really cool to see. People who make money simply by exchanging one country’s currency for another country’s currency. Keeping up to date with the latest news, economic trends and indicators from each country, real-time monitoring of current currency values against another currency is all you need if you are going to speculate in this area.
Moreover, some forex speculators will tell you, you have to have a good stock for it. You need to understand the economics and be able to recognize the events and conditions that will cause people to lose confidence in a currency. Like the Kenny Rogers song, you have to know when to hold them and when to pass.
List of world currencies
Below is a list of world currencies. It may not be every currency in the world, but it will give you an idea of the complexity of forex.
Albanian lek, Algerian dinar, aluminum ounce, Argentine peso, Aruban florin, Australian dollar.
Bahamian Dollar, Bahraini Dinar, Bangladeshi Taka, Barbadian Dollar, Belarusian Ruble, Belize Dollar, Bermuda Dollar, Bhutanese Ngultrum, Bolivian Boliviano, Brazilian Real, Pound Sterling, Brunei Dollar, Bulgarian Lev, Burundian Franc.
Cambodian Rail, Canadian Dollar, Cayman Islands Dollar, CFA Franc, Chilean Peso, Chinese Yuan, Colombian Peso, Treasury Franc, Copper Ounce, Costa Rican Colon, Croatian Kuna, Cuban Peso, Cypriot Pound, Czech Koruna.
Danish Krone, Djiboutian Franc, Dominican Peso. East Caribbean Dollar, Ecuadorian Sucre, Egyptian Pound, El Salvador Colon, Eritrean Nakfa, Estonian Koruna, Ethiopian Birr, Euro.
Falkland Islands Pound, Gambian Dalasi, Ghanaian Cedi, Gibraltar Pound, Ounce of Gold, Guatemalan Quetzal, Guinean Franc, Haitian Gourde, Honduran Lempira, Hong Kong Dollar, Hungarian Forint, Icelandic Krona, Indian Rupee, Indonesian Rupiah, Iranian Rial, Shekel israeli
Jamaican Dollar, Japanese Yen, Jordanian Dinar, Kazakh Tenge, Kenyan Shilling, Korean Won, Kuwaiti Dinar, Lao Kip, Latvian Lat, Lebanese Pound, Lesotho Loti, Libyan Dinar, Lithuanian Litur.
Macau Pataca, Macedonian Denar, Madagascar Franc, Malawi Kwacha, Malaysian Ringgit, Maldives Rufiyaa, Maltese Lira, Mauritanian Ougulya, Mauritanian Rupiah, Mexican Peso, Moldovan Leu, Mongolian Tugrik, Moroccan Dirham, Mozambican Metical.
Namibian Dollar, Nepalese Rupee, West Indian Gulden, New Turkish Lira, New Zealand Dollar, Nicaraguan Cordoba, Nigerian Naira, Norwegian Krone, Omani Rial.
Pacific Franc, Pakistani Rupee, Palladium Ounce, Panama Balboa, Chinese Papua New Guinea, Paraguay Guarani, Peruvian Sol, Philippine Peso, Platinum Ounce, Polish Zloty, Qatari Rial, Russian Ruble, Rwandan Franc.
Samoa Tala, Sao Tome Dobra, Saudi Arabian Riyal, Seychelles Rupee, Sierra Leone Leone, Ounce of Silver, Singapore Dollar, Slovak Koruna, Slovenian Tolar, Somali Shilling, South African Rand, Sri Lankan Rupee, St Helena Pound , Sudanese Dinar, Surinamese Gulder, Swazi Lilageni, Swedish Krona, Swiss Franc, Syrian Pound.
Taiwan dollar, Tanzanian shilling, Thai baht, Tongan paanga, Trinidad and Tobago dollar, Tunisian dinar, US dollar, United Arab Emirates dirham, Ugandan shilling, Ukrainian hryvnia, Uruguayan peso, Vanuatu vatu, Venezuelan bolivar, Vietnamese dong , Yemeni Rial, Zambian Kwacha, Zimbabwe Dollar.
Can you imagine unraveling all the relationships between each of these coins and precious metals? Forex is not for the faint of heart as it seems, but it is becoming a fascinating subject. In some coin names you can see how this relates to world history.
I hope this article helped you at least with an explanation of what Forex is and how it works. There is much more to Forex. Find out more!
Related:
Factors Affecting Forex Trading
Forex Trading Tips for Beginners
Buying and Selling on The Foreign Exchange Market
