Archives: Currencies

Russian Rouble The Russian rouble is the official currency of the Russian Federation, as well as the disputed territories of Abkhazia and South Ossetia (both in Georgia). It is also the unofficial currency of Belarus. The Rouble was used throughout the Soviet Union until the union’s dissolution in 1991. The rouble is subdivided into 100 … Read more

Malaysian Ringgit The Malaysian ringgit is the official currency of Malaysia. Malaysian ringgit (the plural of “ringgit” is also “ringgit”) are only considered legal tender in Malaysia. The ringgit was introduced in 1967, when it replaced the Malaya and British Borneo dollar as the currency of Malaysia. The ringgit is subdivided into 100 sen or … Read more

Chinese Yuan The Chinese Yuan is the official base unit of a great number of former and present-day Chinese currencies, and is usually referred to as the basic unit of the “renminbi”, the currency of the People’s Republic of China. The way that the terms “yuan” and “renminbi” relate to each other is the same … Read more

US Dollar The US Dollar is the official currency of the United States, as well as East Timor, Ecuador, El Salvador and Panama. It’s also an unofficial currency in several other countries, including Afghanistan, Haiti, Lebanon and Guatemala, and several US and non-US territories. The name comes from the valley in Bohemia where silver for … Read more

Singapore Dollar The Singapore Dollar is the official currency of Singapore and Brunei. The Singapore Dollar is legal tender in Brunei, just as the Brunei Dollar is legal tender in Singapore, due to an agreement between the two countries. The Singapore Dollar is split into cents, although no coins lower than five cents are issued … Read more

Japanese Yen The Japanese Yen is the official currency of Japan, and is the third most traded currency in foreign exchange markets, after the US dollar and the Euro. The Yen is also one of the currencies used in Zimbabwe since the Zimbabwean Dollar was suspended. The currency was adopted in 1871 by the Japanese … Read more

Hong Kong Dollar The Hong Kong Dollar is the official currency of Hong Kong, and is also the unofficial currency of Macau. It was introduced in 1863, while Hong Kong was still a British colony. The Hong Kong dollar has remained the official currency of Hong Kong ever since, even though the former colony is … Read more

Swiss Franc The Swiss franc is the official currency of Switzerland and Liechtenstein, as well as some areas of Italy and Germany. The ISO code for the currency is CHF (for “Confederation Helvetica Franc”), and although the ISO code is the official currency symbol for the Swiss franc, most businesses use “Fr.” or “SFr.” instead. … Read more

Euro The Euro is the official currency of the European Union, and is used by 18 of the 28 member stares: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain, as well as Lithuania from January 2015. The euro is also used in Kosovo, … Read more

British Pound The British Pound is the official currency of the United Kingdom, the Channel Islands, the Isle of Man and various British territories. It is the fourth most traded currency in the world, behind the US dollar, the euro and the Japanese yen. It has the ISO code GBP and the currency symbol ‘£’. … Read more