Different types of currency are prevalent in different places all over the world. . Today we will tell you about five such currencies around the world which are most popular. In 1934, the Federal Note Press printed a million dollar note, which is seen on the photo of former President Woodrow Wilson. It was the highest priced note ever. The US currency dollar today operates worldwide, and most of the trade is also from this. The most preferred currency is the dollar itself.
Let's know which are these 5 currencies-
1- American Dollar
The American Dollar is the official currency of the United States of America and the international currency of the world. America there are 100 cents in a dollar. A 50-cent coin is called half a dollar. The twenty-five cents coin is called a quarter. In the United States, a coin of 10 cents is called a dime and a coin of five cents is called a nickel. One cent is also called penny in America. Dollar notes are available for 1, 5, 10, 20, 50 and 100 dollars.
2- Euro
The euro is the currency of 18 out of 28 member states of the European Union. These countries are collectively called the Eurozone. These countries include Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Latvia, Slovakia and Spain. Apart from these countries, there are five other European countries, which use the euro in their currency rupees.
This currency is the world's most traded currency after the US dollar. In addition, it is also the world's second largest reserve currency. The currency was named Euro on 16 December 1995. It was released on 1 January 1999 at par value in place of European currency unit in the global market.
3- pounds
The pound is the official currency of Britain. It was named after the price of one pound (weight) of silver. It is an English translation of the Latin word libra. The libra was used as a unit to measure the value of something in the Roman Empire. There are 100 pence (pennies) in a pound.
This currency (pound) mainly operates in the United Kingdom (pound sterling), Egypt (Egyptian pound), Lebanon (Lebanese pound), South Sudan (South Sudanese pound), Sudan (Sudanese pound) and Syria (Syrian pound). The pound sterling is commonly known as the pound. It is the fourth most traded currency in the foreign exchange market after the dollar, euro and yen.
4- yen
The yen is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the dollar and the euro. It is also used as a reserve currency after the dollar, euro and pound. Yen in Japanese means round (gol).
5- yuan
The yuan is the official currency of China. However, this is not the practice in Hong Kong and Macao. Yuan bank notes range from one yuan to 100 yuan. Its color and size also vary. In Hong Kong, the dollar is used as a currency.
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