Currency

In economics, the term currency can refer either to a particular currency, for example the US dollar, or to the coins and banknotes of a particular currency, which comprise the physical aspects of a nation's money supply. The other part of a nation's money supply consists of money deposited in banks (sometimes called deposit money), ownership of which can be transferred by means of cheques or other forms of money transfer such as credit and debit cards. Deposit money and currency are money in the sense that both are acceptable as a means of exchange, but money need not necessarily be currency.

Historically, money in the form of currency has predominated. Usually (gold or silver) coins of intrinsic value commensurate with the monetary unit (commodity money), have been the norm.

By contrast, modern currency, as fiat money, is intrinsically worthless. The prevalence of one type of currency over another in commodity money systems has arisen, usually when a government designates through decrees, that only particular monetary units shall be accepted in payment for taxes.

In economics, the term currency can refer either to a particular currency, for example the US dollar , or to the coins and banknotes

Pound (currency) (redirect from £ (currency)) The pound, a unit of currency, originated in England , has the value of a pound mass of silver For a long time, £1 worth of silver coins

United States dollar (redirect from U.S. currency) The United States dollar (sign : $; code : USD) is the unit of currency of the United States . currencies and from others that use the $ symbol.

Euro (redirect from Euro (currency)) The euro (€) is the official currency of 16 of the 27 member states of the European Union (EU).

Foreign exchange market (redirect from Currency exchange) The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies

Currency sign A currency sign is a graphic symbol often used as a shorthand for a currency 's name. codes are used instead of currency signs

Exchange rate (redirect from Currency trading) In finance , the exchange rates (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies