Currency
Definition of 'Currency'A generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade. |
|
Investopedia explains 'Currency'Generally speaking, each country has its own currency. For example, Switzerland's official currency is the Swiss franc, and Japan's official currency is the yen. An exception would be the euro, which is used as the currency for several European countries.Investors often trade currency on the foreign exchange market, which is one of the most heavily traded markets in the world. |
Related Definitions
Articles Of Interest
-
A Holistic Approach To Trading Gold
Combine technicals and fundamentals to tune out noise and confirm trends in this commodity. -
Currency Exchange: Floating Rate Vs. Fixed Rate
Baffled by exchange rates? Wonder why some currencies fluctuate while others are pegged? This article has the answers. -
Forex Trading The Martingale Way
The Martingale system boasts a 100% success rate, if you have the money. Find out if this is the right strategy for you. -
How do you make money trading money?
Investors can trade almost any currency in the world. Investors, as individuals, countries, and corporations, may trade in the forex if they have enough financial capital to get started and are ... -
Dollarization Explained
Find out how fledgling economies can find some stability in their currency and attract foreign investment. -
Dual And Multiple Exchange Rates 101
Why would a country choose to implement dual or multiple exchange rates? It's risky, but it can work. -
What Are Central Banks?
They print money, they control inflation, and much, much more. All you need to know about central banks is here. -
A Primer On The Forex Market
Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers. -
What Is Money?
It's a part of everyone's life, and we all want it, but do you know how it gains value and how it is created? -
When and why did the euro make its debut as a currency?
On January 1, 1999, the European Union introduced its new currency, the euro. Originally, the euro was an overarching currency used for exchange between countries within the union while people ...
Free Annual Reports