Question

Write a note about currency

Answer 1

Answer:

The word currency is derived from the Middle English term curraunt meaning in circulation. So, the currency is money in circulation, which is used as a medium of exchange. Money is in the form of coins or paper, which are typically issued by a government and widely accepted as a means of payment at its face value.

In the modern world, the currency is the primary medium of exchange, having long ago substituted bartering as a way of exchanging goods & services. Every country has its domestic currency.

List of the national currency of various countries

1. The national currency of India is Rupee
2. The national currency of the United States of America is Dollar
3. The national currency of Russia is Ruble
4. The national currency of the U.K Pound Sterling
5. The national currency of Australia is Dollar
6. The national currency of South Africa is Rand
7. The national currency of New Zealand is Dollar
8. The national currency of Afghanistan is Afghani
9. The national currency of Bangladesh is Taka
10. The national currency of Nepal is Rupee
11. The national currency of China is Yuan
12. The national currency of Pakistan is Rupee
13. The national currency of Saudi Arabia is Riyal
14. The national currency of Bhutan is Ngultrum
15. The national currency of Brazil is Real
16. The national currency of Cambodia is Riel
17. The national currency of Indonesia is Rupiah
18. The national currency of Japan is Yen
19. The national currency of Malaysia is Ringgit
20. The national currency of Maldives is Rufiyaa
21. The national currency of Myanmar is Kyat
22. The national currency of Poland is Zloty
23. The national currency of Hungary is Forint
24. The national currency of Iceland is Krona
25. The national currency of Belgium is Euro
26. The national currency of France is Franc
27. The national currency of Germany is Euro
28. The national currency of Israel is New Shekel
29. The national currency of Sri Lanka is Rupee
30. The national currency of South Korea is Won.