Geography

Currencies of the World

Currencies of the World

What is a Currency?

Do you know that the word “currency” is derived from the Latin word “currere”, meaning ‘to run’ or ‘to flow’? A currency (i.e. money) serves as a medium of exchange for goods and services within a country’s borders. Currencies are issued by all central banks of the world in the form of paper notes and coins. However, many countries do not have their own central bank and thus adopt a foreign or mutual currency. A country’s currency can (usually) be traded against another country’s currency at dynamic rates on the foreign exchange (FX) market.

Countries of the World

The most accepted definition of a ‘country’ is a sovereign state whose borders are fully acknowledged by every other accepted country of the world. Currently, there are 194 fully recognised countries in the world, plus three partially acknowledged sovereign states: Kosovo, Palestine and Taiwan. In addition to the world’s 197 countries, there are also 55 territories and dependencies. However, there are currently only around 160 official national currencies in global circulation.

Countries Without A Currency

Photo credit: Flickr/CC BY-NC-ND 2.0

Many countries do not have a currency of their own for political and/or economic reasons. Thus, these countries either adopt a foreign or mutual currency for official use. For instance, 20 member states of the EU use the Euro, as well as two non-member countries and 14 overseas territories. The US dollar is currently adopted in the USA, 9  sovereign states, and 8 overseas (including 3 non-US) territories as official currency. The West African CFA franc (XOF) is currently used by 8 countries in West Africa. Similarly, the Central African CFA franc (XAF) has so far been adopted by 6 independent African states. The East Caribbean dollar (XCD) is an official currency that is currently shared by 8 Caribbean island nations.

Countries and Currencies

Here’s a complete list of the Countries and Territories of the world and their currencies :

Country/Territory

Currency

Code

Afghanistan Afghan afghani AFN
Akrotiri and Dhekelia (UK) European euro EUR
Aland Islands (Finland) European euro EUR
Albania Albanian lek ALL
Algeria Algerian dinar DZD
American Samoa (USA) US dollar USD
Andorra European euro EUR
Angola Angolan kwanza AOA
Anguilla (UK) East Caribbean dollar XCD XCD
Antigua and Barbuda East Caribbean dollar XCD
Argentina Argentine peso ARS
Armenia Armenian dram AMD
Aruba (Netherlands) Aruban florin AWG AWG
Ascension Island (UK) Saint Helena pound SHP
Australia Australian dollar AUD
Austria European euro EUR
Azerbaijan Azerbaijan manat AZN
Bahamas Bahamian dollar BSD
Bahrain Bahraini dinar BHD
Bangladesh Bangladeshi taka BDT
Barbados Barbadian dollar BBD
Belarus Belarusian ruble BYN
Belgium European euro EUR
Belize Belize dollar BZD
Benin West African CFA franc XOF
Bermuda (UK) Bermudian dollar BMD
Bhutan Bhutanese ngultrum BTN
Bolivia Bolivian boliviano BOB
Bonaire (Netherlands) United States dollar USD
Bosnia & Herzegovina Bos & Herz convertible mark BAM
Botswana Botswana pula BWP
Brazil Brazilian real BRL
British Indian Ocean Terr. (UK) United States dollar USD
British Virgin Islands (UK) United States dollar USD
Brunei Brunei dollar BND
Bulgaria Bulgarian lev BGN
Burkina Faso West African CFA franc XOF XOF
Burundi Burundi franc BIF
Cabo Verde Cabo Verdean escudo CVE
Cambodia Cambodian riel KHR
Cameroon Central African CFA franc XAF
Canada Canadian dollar CAD
Caribbean Netherlands (NLD) United States dollar USD
Cayman Islands (UK) Cayman Islands dollar KYD
Central African Republic Central African CFA franc XAF
Chad Central African CFA franc XAF
Chatham Islands (NZ) New Zealand dollar NZD
Chile Chilean peso CLP
China Chinese Yuan/Renminbi CNY
Christmas Island (Australia) Australian dollar AUD
Cocos Islands (Australia) Australian dollar AUD
Colombia Colombian peso COP
Comoros Comorian franc KMF
Congo, Dem. Republic of the Congolese franc CDF
Congo, Republic of the Central African CFA franc XAF
Cook Islands (NZ) Cook Islands dollar   –
Costa Rica Costa Rican colon CRC
Cote d’Ivoire West African CFA franc XOF
Croatia European euro EUR
Cuba Cuban peso CUP
Curacao (Netherlands) NLD Antillean guilder ANG
Cyprus European euro EUR
Czechia Czech koruna CZK
Denmark Danish krone DKK
Djibouti Djiboutian franc DJF
Dominica East Caribbean dollar XCD
Dominican Republic Dominican peso DOP
Ecuador United States dollar USD
Egypt Egyptian pound EGP
El Salvador United States dollar USD
Equatorial Guinea Central African CFA franc XAF
Eritrea Eritrean nakfa ERN
Estonia European euro EUR
Eswatini Swazi lilangeni SZL
Ethiopia Ethiopian birr ETB
Falkland Islands (UK) Falkland Islands pound FKP
Faroe Islands (Denmark) Faroese krona    –
Fiji Fijian dollar FJD
Finland European euro EUR
France European euro EUR
French Guiana (France) European euro EUR
French Polynesia (France) CFP franc XPF
Gabon Central African CFA franc XAF
Gambia Gambian dalasi GMD
Georgia Georgian lari GEL
Germany European euro EUR
Ghana Ghanaian cedi GHS
Gibraltar (UK) Gibraltar pound GIP
Greece European euro EUR
Greenland (Denmark) Danish krone DKK
Grenada East Caribbean dollar XCD
Guadeloupe (France) European euro EUR
Guam (USA) United States dollar USD
Guatemala Guatemalan quetzal GTQ
Guernsey (UK) Guernsey Pound GGP
Guinea Guinean franc GNF
Guinea-Bissau West African CFA franc XOF
Guyana Guyanese dollar GYD
Haiti Haitian gourde HTG
Honduras Honduran lempira HNL
Hong Kong (China) Hong Kong dollar HKD
Hungary Hungarian forint HUF
Iceland Icelandic krona ISK
India Indian rupee INR
Indonesia Indonesian rupiah IDR
Iran Iranian rial IRR
Iraq Iraqi dinar IQD
Ireland European euro EUR
Isle of Man (UK) Manx pound IMP
Israel Israeli new shekel ILS
Italy European euro EUR
Jamaica Jamaican dollar JMD
Japan Japanese yen JPY
Jersey (UK) Jersey pound JEP
Jordan Jordanian dinar JOD
Kazakhstan Kazakhstani tenge KZT
Kenya Kenyan shilling KES
Kiribati Australian dollar AUD
Kosovo European euro EUR
Kuwait Kuwaiti dinar KWD
Kyrgyzstan Kyrgyzstani som KGS
Laos Lao kip LAK
Latvia European euro EUR
Lebanon Lebanese pound LBP
Lesotho Lesotho loti LSL
Liberia Liberian dollar LRD
Libya Libyan dinar LYD
Liechtenstein Swiss franc CHF
Lithuania European euro EUR
Luxembourg European euro EUR
Macau (China) Macanese pataca MOP
Madagascar Malagasy ariary MGA
Malawi Malawian kwacha MWK
Malaysia Malaysian ringgit MYR
Maldives Maldivian rufiyaa MVR
Mali West African CFA franc XOF
Malta European euro EUR
Marshall Islands United States dollar USD
Martinique (France) European euro EUR
Mauritania Mauritanian ouguiya MRU
Mauritius Mauritian rupee MUR
Mayotte (France) European euro EUR
Mexico Mexican peso MXN
Micronesia United States dollar USD
Moldova Moldovan leu MDL
Monaco European euro EUR
Mongolia Mongolian tugrik MNT
Montenegro European euro EUR
Montserrat (UK) East Caribbean dollar XCD
Morocco Moroccan dirham MAD
Mozambique Mozambican metical MZN
Myanmar Myanmar kyat MMK
Namibia Namibian dollar NAD
Nauru Australian dollar AUD
Nepal Nepalese rupee NPR
Netherlands European euro EUR
New Caledonia (France) CFP franc XPF
New Zealand New Zealand dollar NZD
Nicaragua Nicaraguan cordoba NIO
Niger West African CFA franc XOF
Nigeria Nigerian naira NGN
Niue (NZ) New Zealand dollar NZD
Norfolk Island (Australia) Australian dollar AUD
Northern Mariana Islands (USA) United States dollar USD
North Korea North Korean won KPW
North Macedonia Macedonian denar MKD
Norway Norwegian krone NOK
Oman Omani rial OMR
Pakistan Pakistani rupee PKR
Palau United States dollar USD
Palestine Israeli new shekel ILS
Panama United States dollar USD
Papua New Guinea Papua New Guinean kina PGK
Paraguay Paraguayan guarani PYG
Peru Peruvian sol PEN
Philippines Philippine peso PHP
Pitcairn Islands (UK) New Zealand dollar NZD
Poland Polish zloty PLN
Portugal European euro EUR
Puerto Rico (USA) United States dollar USD
Qatar Qatari riyal QAR
Reunion (France) European euro EUR
Romania Romanian leu RON
Russia Russian ruble RUB
Rwanda Rwandan franc RWF
Saba (Netherlands) United States dollar USD
Saint Barthelemy (France) European euro EUR
Saint Helena (UK) Saint Helena pound SHP
Saint Kitts and Nevis East Caribbean dollar XCD
Saint Lucia East Caribbean dollar XCD
Saint Martin (France) European euro EUR
Saint Pierre & Miquelon (FRA) European euro EUR
Saint Vincent & Grenadines East Caribbean dollar XCD
Samoa Samoan tala WST
San Marino European euro EUR
Sao Tome and Principe Sao Tome and Principe dobra STN
Saudi Arabia Saudi Arabian riyal SAR
Senegal West African CFA franc XOF
Serbia Serbian dinar RSD
Seychelles Seychellois rupee SCR
Sierra Leone Sierra Leonean leone SLE
Singapore Singapore dollar SGD
Sint Eustatius (Netherlands) United States dollar USD
Sint Maarten (Netherlands) NLD Antillean guilder ANG
Slovakia European euro EUR
Slovenia European euro EUR
Solomon Islands Solomon Islands dollar SBD
Somalia Somali shilling SOS
South Africa South African rand ZAR
South Georgia Island (UK) Pound sterling GBP
South Korea South Korean won KRW
South Sudan South Sudanese pound SSP
Spain European euro EUR
Sri Lanka Sri Lankan rupee LKR
Sudan Sudanese pound SDG
Suriname Surinamese dollar SRD
Svalbard & Jan Mayen (NOR) Norwegian krone NOK
Sweden Swedish krona SEK
Switzerland Swiss franc CHF
Syria Syrian pound SYP
Taiwan New Taiwan dollar TWD
Tajikistan Tajikistani somoni TJS
Tanzania Tanzanian shilling TZS
Thailand Thai baht THB
Timor-Leste United States dollar USD
Togo West African CFA franc XOF
Tokelau (NZ) New Zealand dollar NZD
Tonga Tongan pa’anga TOP
Trinidad and Tobago Trinidad and Tobago dollar TTD
Tristan da Cunha (UK) Pound sterling GBP
Tunisia Tunisian dinar TND
Turkey Turkish lira TRY
Turkmenistan Turkmen manat TMT
Turks and Caicos Islands (UK) United States dollar USD
Tuvalu Australian dollar AUD
Uganda Ugandan shilling UGX
Ukraine Ukrainian hryvnia UAH
United Arab Emirates UAE dirham AED
United Kingdom Pound sterling GBP
United States of America United States dollar USD
Uruguay Uruguayan peso UYU
US Virgin Islands (USA) United States dollar USD
Uzbekistan Uzbek Sum UZS
Vanuatu Vanuatu vatu VUV
Vatican City European euro EUR
Venezuela Venezuelan bolivar VES
Vietnam Vietnamese dong VND
Wake Island (USA) United States dollar USD
Wallis and Futuna (France) CFP franc XPF
Yemen Yemeni rial YER
Zambia Zambian kwacha ZMW
Zimbabwe United States dollar USD

 

Header image credit: Flickr/CC BY-SA 2.0

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