NATIONAL CURRENCIES

As of 2021, according to Investopedia, the most popular currencies for trading are the following: US Dollar (USD), Euro (EUR), Japanese Yen (JPY), Great British Pound (GBP), Australian Dollar (AUD), and Canadian Dollar (CAD). The currency depends on the country you are living in. So, if I am from the Philippines, my country’s currency is obviously Philippine Peso (PHP).

There are 165 official currencies circulating around the world. If we are going to look at the numbers, there are 195 independent countries and about 60 dependent countries in the world, and some of them do not use their own money and currency.

ISO-4217

If your brows are furrowed right now because of ISO-4217, this is an alpha and numeric codes for currency representation issued by the International Organization for Standardization (ISO). In ISO-4217, currencies are written in three digits or three letters (numerically and alphabetically).

For instance, in Alpha representation, US Dollar is US+D=USD, Japanese Yen is JP+Y=JPY, and Philippine Peso is PH+P=PHP. On the other side, when currency codes must be understood in nations that do not use Latin scripts (AKA Roman scripts, an alphabetic writing system based on the letters) or for computerized systems, the three-digit numeric code is useful.

FACTORS INFLUENCING THE EXCHANGE RATES

Note that exchange rates are not stable and continuously moving depending on several factors. According to the updated report of Investopedia in May 2022, there are 6 major forces that drive the exchange rates movement which include Inflation, Interest Rates, Account Deficits, Public Debt, Terms of Trade and Strong Academic Performance.

If you want to be familiarized with the several circulating currencies, below are the lists of countries with their currencies and ISO-4217, respectively.

A

1. Afghanistan
   Afghan Afghani
   AFN
2. Akrotiri and Dhekelia (UK)
   European Euro
   EUR
3. Aland Islands (Finland)
   European Euro
   EUR
4. Albania
   Albanian Lek
   ALL
5. Algeria
   Algerian Dinar
   DZD
6. American Samoa (USA)
   United States Dollar
   USD
7. Andorra
   European Euro
   EUR
8. Angola
   Angolan Kwanza
   AOA
9. Anguilla (UK)
   East Caribbean Dollar
   XCD
10. Antigua and Barbuda
    East Caribbean Dollar
    XCD
11. Argentina
    Argentine Peso
    ARS
12. Armenia
    Armenian Dram
    AMD
13. Aruba (Netherlands)
    Aruban Florin
    AWG
14. Ascension Island (UK)
    Saint Helena Pound
    SHP
15. Australia
    Australian Dollar
    AUD
16. Austria
    European Euro
    EUR
17. Azerbaijan
    Azerbaijan Manat
    AZN

B

1. Bahamas
   Bahamian Dollar
   BSD
2. Bahrain
   Bahraini Dinar
   BHD
3. Bangladesh
   Bangladeshi Taka
   BDT
4. Barbados
   Barbadian Dollar
   BBD
5. Belarus
   Belarusian Ruble
   BYN
6. Belgium
   European Euro
   EUR
7. Belize
   Belize Dollar
   BZD
8. Benin
   West African CFA Franc
   XOF
9. Bermuda (UK)
   Bermudian Dollar
   BMD
10. Bhutan
    Bhutanese Ngultrum
    BTN
11. Bolivia
    Bolivian Boliviano
    BOB
12. Bonaire (Netherlands)
    United States Dollar
    USD
13. Bosnia and Herzegovina
    Bosnia and Herzegovina Convertible Mark
    BAM
14. Botswana
    Botswana Pula
    BWP
15. Brazil
    Brazilian Real
    BRL
16. British Indian Ocean Territory (UK)
    United States Dollar
    USD
17. British Virgin Islands (UK)
    United States Dollar
    USD
18. Brunei
    Brunei Dollar
    BND
19. Bulgaria
    Bulgarian Lev
    BGN
20. Burkina Faso
    West African CFA Franc
    XOF
21. Burundi
    Burundi Franc
    BIF

C

1. Cabo Verde
   Cabo Verdean Escudo
   CVE
2. Cambodia
   Cambodian Riel
   KHR
3. Cameroon
   Central African CFA Franc
   XAF
4. Canada
   Canadian Dollar
   CAD
5. Caribbean Netherlands (Netherlands)
   United States Dollar
   USD
6. Cayman Islands (UK)
   Cayman Islands Dollar
   KYD
7. Central African Republic
   Central African CFA Franc
   XAF
8. Chad
   Central African CFA Franc
   XAF
9. Chatham Islands (New Zealand)
   New Zealand Dollar
   NZD
10. Chile
    Chilean Peso
    CLP
11. China
    Chinese Yuan Renminbi
    CNY
12. Christmas Island (Australia)
    Australian Dollar
    AUD
13. Cocos (Keeling) Islands (Australia)
    Australian Dollar
    AUD
14. Colombia
    Colombian Peso
    COP
15. Comoros
    Comorian Franc
    KMF
16. Congo, Democratic Republic of the
    Congolese Franc
    CDF
17. Congo, Republic of the
    Central African CFA Franc
    XAF
18. Cook Islands (New Zealand)
    Cook Islands Dollar
    none
19. Costa Rica
    Costa Rican Dolon
    CRC
20. Cote d'Ivoire
    West African CFA Franc
    XOF
21. Croatia
    Croatian Kuna
    HRK
22. Cuba
    Cuban Peso
    CUP
23. Curacao (Netherlands)
    Netherlands Antillean Guilder
    ANG
24. Cyprus
    European Euro
    EUR
25. Czechia
    Czech Koruna
    CZK

D

1. Denmark
   Danish Krone
   DKK
2. Djibouti
   Djiboutian Franc
   DJF
3. Dominica
   East Caribbean Dollar
   XCD
4. Dominican Republic
   Dominican Peso
   DOP

E

1. Ecuador
   United States Dollar
   USD
2. Egypt
   Egyptian Pound
   EGP
3. El Salvador
   United States Dollar
   USD
4. Equatorial Guinea
   Central African CFA Franc
   XAF
5. Eritrea
   Eritrean Nakfa
   ERN
6. Estonia
   European Euro
   EUR
7. Eswatini
   Swazi Lilangeni
   SZL
8. Ethiopia
   Ethiopian Birr
   ETB

F

1. Falkland Islands (UK)
   Falkland Islands Pound
   FKP
2. Faroe Islands (Denmark)
   Faroese Krona
   none
3. Fiji
   Fijian Dollar
   FJD
4. Finland
   European Euro
   EUR
5. France
   European Euro
   EUR
6. French Guiana (France)
   European Euro
   EUR
7. French Polynesia (France)
   CFP Franc
   XPF

G

1. Gabon
   Central African CFA Franc
   XAF
2. Gambia
   Gambian Dalasi
   GMD
3. Georgia
   Georgian Lari
   GEL
4. Germany
   European Euro
   EUR
5. Ghana
   Ghanaian Cedi
   GHS
6. Gibraltar (UK)
   Gibraltar Pound
   GIP
7. Greece
   European Euro
   EUR
8. Greenland (Denmark)
   Danish Krone
   DKK
9. Grenada
   East Caribbean Dollar
   XCD
10. Guadeloupe (France)
    European Euro
    EUR
11. Guam (USA)
    United States Dollar
    USD
12. Guatemala
    Guatemalan Quetzal
    GTQ
13. Guernsey (UK)
    Guernsey Pound
    GGP
14. Guinea
    Guinean Franc
    GNF
15. Guinea-Bissau
    West African CFA Franc
    XOF
16. Guyana
    Guyanese Dollar
    GYD

H

1. Haiti
   Haitian Gourde
   HTG
2. Honduras
   Honduran Lempira
   HNL
3. Hong Kong (China)
   Hong Kong Dollar
   HKD
4. Hungary
   Hungarian Forint
   HUF

I

1. Iceland
   Icelandic Krona
   ISK
2. India
   Indian Rupee
   INR
3. Indonesia
   Indonesian Rupiah
   IDR
4. International Monetary Fund (IMF)
   SDR (Special Drawing Right)
   XDR
5. Iran
   Iranian Rial
   IRR
6. Iraq
   Iraqi Dinar
   IQD
7. Ireland
   European Euro
   EUR
8. Isle of Man (UK)
   Manx Pound
   IMP
9. Israel
   Israeli New Shekel
   ILS
10. Italy
    European Euro
    EUR

J

1. Jamaica
   Jamaican Dollar
   JMD
2. Japan
   Japanese Yen
   JPY
3. Jersey (UK)
   Jersey Pound
   JEP
4. Jordan
   Jordanian Dinar
   JOD

K

1. Kazakhstan
   Kazakhstani Tenge
   KZT
2. Kenya
   Kenyan Shilling
   KES
3. Kiribati
   Australian Dollar
   AUD
4. Kosovo
   European Euro
   EUR
5. Kuwait
   Kuwaiti Dinar
   KWD
6. Kyrgyzstan
   Kyrgyzstani Som
   KGS

L

1. Laos
   Lao Kip
   LAK
2. Latvia
   European Euro
   EUR
3. Lebanon
   Lebanese Pound
   LBP
4. Lesotho
   Lesotho Loti
   LSL
5. Liberia
   Liberian Dollar
   LRD
6. Libya
   Libyan Dinar
   LYD
7. Liechtenstein
   Swiss Franc
   CHF
8. Lithuania
   European Euro
   EUR
9. Luxembourg
   European Euro
   EUR

M

1. Macau (China)
   Macanese Pataca
   MOP
2. Madagascar
   Malagasy Ariary
   MGA
3. Malawi
   Malawian Kwacha
   MWK
4. Malaysia
   Malaysian Ringgit
   MYR
5. Maldives
   Maldivian Rufiyaa
   MVR
6. Mali
   West African CFA Franc
   XOF
7. Malta
   European Euro
   EUR
8. Marshall Islands
   United States Dollar
   USD
9. Martinique (France)
   European Euro
   EUR
10. Mauritania
    Mauritanian Ouguiya
    MRU
11. Mauritius
    Mauritian Rupee
    MUR
12. Mayotte (France)
    European Euro
    EUR
13. Mexico
    Mexican Peso
    MXN
14. Micronesia
    United States Dollar
    USD
15. Moldova
    Moldovan Leu
    MDL
16. Monaco
    European Euro
    EUR
17. Mongolia
    Mongolian Tugrik
    MNT
18. Montenegro
    European Euro
    EUR
19. Montserrat (UK)
    East Caribbean Dollar
    XCD
20. Morocco
    Moroccan Dirham
    MAD
21. Mozambique
    Mozambican Metical
    MZN
22. Myanmar
    Myanmar Kyat
    MMK

N

1. Namibia
   Namibian Dollar
   NAD
2. Nauru
   Australian Dollar
   AUD
3. Nepal
   Nepalese Rupee
   NPR
4. Netherlands
   European Euro
   EUR
5. New Caledonia (France)
   CFP Franc
   XPF
6. New Zealand
   New Zealand Dollar
   NZD
7. Nicaragua
   Nicaraguan Cordoba
   NIO
8. Niger
   West African CFA Franc
   XOF
9. Nigeria
   Nigerian Naira
   NGN
10. Niue (New Zealand)
    New Zealand Dollar
    NZD
11. Norfolk Island (Australia)
    Australian Dollar
    AUD
12. Northern Mariana Islands (USA)
    United States Dollar
    USD
13. North Korea
    North Korean Won
    KPW
14. North Macedonia
    Macedonian Denar
    MKD
15. Norway
    Norwegian Krone
    NOK

O

1. Oman
   Omani Rial
   OMR

P

1. Pakistan
   Pakistani Rupee
   PKR
2. Palau
   United States Dollar
   USD
3. Palestine
   Israeli New Shekel
   ILS
4. Panama
   United States Dollar
   USD
5. Papua New Guinea
   Papua New Guinean Kina
   PGK
6. Paraguay
   Paraguayan Guarani
   PYG
7. Peru
   Peruvian Sol
   PEN
8. Philippines
   Philippine Peso
   PHP
9. Pitcairn Islands (UK)
   New Zealand Dollar
   NZD
10. Poland
    Polish Zloty
    PLN
11. Portugal
    European Euro
    EUR
12. Puerto Rico (USA)
    United States Dollar
    USD

Q

1. Qatar
   Qatari Riyal
   QAR

R

1. Reunion (France)
   European Euro
   EUR
2. Romania
   Romanian Leu
   RON
3. Russia
   Russian Ruble
   RUB
4. Rwanda
   Rwandan Franc
   RWF

S

1. Saba (Netherlands)
   United States Dollar
   USD
2. Saint Barthelemy (France)
   European Euro
   EUR
3. Saint Helena (UK)
   Saint Helena Pound
   SHP
4. Saint Kitts and Nevis
   East Caribbean Dollar
   XCD
5. Saint Lucia
   East Caribbean Dollar
   XCD
6. Saint Martin (France)
   European Euro
   EUR
7. Saint Pierre and Miquelon (France)
   European Euro
   EUR
8. Saint Vincent and the Grenadines
   East Caribbean Dollar
   XCD
9. Samoa
   Samoan Tala
   WST
10. San Marino
    European Euro
    EUR
11. Sao Tome and Principe
    Sao Tome and Principe Dobra
    STN
12. Saudi Arabia
    Saudi Arabian Riyal
    SAR
13. Senegal
    West African CFA Franc
    XOF
14. Serbia
    Serbian Dinar
    RSD
15. Seychelles
    Seychellois Rupee
    SCR
16. Sierra Leone
    Sierra Leonean Leone
    SLL
17. Singapore
    Singapore Dollar
    SGD
18. Sint Eustatius (Netherlands)
    United States Dollar
    USD
19. Sint Maarten (Netherlands)
    Netherlands Antillean Guilder
    ANG
20. Slovakia
    European Euro
    EUR
21. Slovenia
    European Euro
    EUR
22. Solomon Islands
    Solomon Islands Dollar
    SBD
23. Somalia
    Somali Shilling
    SOS
24. South Africa
    South African Rand
    ZAR
25. South Georgia Island (UK)
    Pound Sterling
    GBP
26. South Korea
    South Korean Won
    KRW
27. South Sudan
    South Sudanese Pound
    SSP
28. Spain
    European Euro
    EUR
29. Sri Lanka
    Sri Lankan Rupee
    LKR
30. Sudan
    Sudanese Pound
    SDG
31. Suriname
    Surinamese Dollar
    SRD
32. Svalbard and Jan Mayen (Norway)
    Norwegian Krone
    NOK
33. Sweden
    Swedish Krona
    SEK
34. Switzerland
    Swiss Franc
    CHF
35. Syria
    Syrian Pound
    SYP

T

1. Taiwan
   New Taiwan Dollar
   TWD
2. Tajikistan
   Tajikistani Somoni
   TJS
3. Tanzania
   Tanzanian Shilling
   TZS
4. Thailand
   Thai Baht
   THB
5. Timor-Leste
   United States Dollar
   USD
6. Togo
   West African CFA Franc
   XOF
7. Tokelau (New Zealand)
   New Zealand Dollar
   NZD
8. Tonga
   Tongan Pa’anga
   TOP
9. Trinidad and Tobago
   Trinidad and Tobago Dollar
   TTD
10. Tristan da Cunha (UK)
    Pound Sterling
    GBP
11. Tunisia
    Tunisian Dinar
    TND
12. Turkey
    Turkish Lira
    TRY
13. Turkmenistan
    Turkmen Manat
    TMT
14. Turks and Caicos Islands (UK)
    United States Dollar
    USD
15. Tuvalu
    Australian Dollar
    AUD

U

1. Uganda
   Ugandan Shilling
   UGX
2. Ukraine
   Ukrainian Hryvnia
   UAH
3. United Arab Emirates
   UAE Dirham
   AED
4. United Kingdom
   Pound Sterling
   GBP
5. United States of America
   United States Dollar
   USD
6. Uruguay
   Uruguayan Peso
   UYU
7. US Virgin Islands (USA)
   United States Dollar
   USD
8. Uzbekistan
   Uzbekistani Som
   UZS

V

1. Vanuatu
   Vanuatu Vatu
   VUV
2. Vatican City (Holy See)
   European Euro
   EUR
3. Venezuela
   Venezuelan Bolivar
   VES
4. Vietnam
   Vietnamese Dong
   VND

W

1. Wake Island (USA)
   United States Dollar
   USD
2. Wallis and Futuna (France)
   CFP Franc
   XPF

Y

1. Yemen
   Yemeni Rial
   YER

Z

1. Zambia
   Zambian Kwacha
   ZMW
2. Zimbabwe
   United States Dollar
   USD

READ ALSO:

• A Trivia: Youngest and Oldest President of the Philippine Republic
• Thailand finally legalized Marijuana, first in Asia
• 6 Mobile Reading Apps to Satisfy the Bibliophile in You