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What is ISO 4217 currency code?
What is ISO 4217?
What is ISO 4217 alphabetic code?
What are ISO currency codes?
ISO 4217 also assigns a three-digit numeric code to each currency. This numeric code is usually the same as the numeric code assigned to the corresponding country by ISO 3166-1. For example, USD ( United States dollar) has numeric code 840 which is also the ISO 3166-1 code for "US" (United States).
A currency symbol is a graphic symbol that represents a specific currency in a quick and simple way, for example $20 represents 20 US dollars. Refer to the list below for comprehensive information on currency codes and symbols. Making an international payment?
CurrencyIso 4217 CodeCurrency SymbolCurrency of Afganistan is the AfghaniAFN (؋)؋Currency of Albania is the LekALLLekCurrency of Alergia is the Algerian ...DZDد.جCurrency of American Samoa is the US ...USD ($)$The first two letters of the ISO 4217 three-letter code are the same as the code for the country name, and, where possible, the third letter corresponds to the first letter of the currency name. For example: The US dollar is represented as USD – the US coming from the ISO 3166 country code and the D for dollar.
ISO 4217 is an official document that contains all the ISO currency codes. Like a single source of truth for ISO codes. This standard, which was first established in 1978, ensures that each currency has a unique three-letter currency symbol, accompanied by a three-digit numeric code.
While the ISO 4217 currency code is, of course, convenient for manual users, it is also useful for automated systems thanks to the numerical codes. These ensure that currency codes can be understood by computers and in countries that don’t use Latin scripts. Where possible, the numeric code is the same as the numeric ISO 3166 country code.
This International Standard specifies the structure for a three-letter alphabetic code and an equivalent three-digit numeric code for the representation of currencies. For those currencies having minor units, it also shows the decimal relationship between such units and the currency itself.
Mar 25, 2024 · ISO 4217:2015 serves as the defining document for these codes, encompassing both the three-letter alphabetic codes we commonly see and three-digit numeric codes, which further aid in currency identification and processing. Weigh the Risks and Benefits. Here is a list of the benefits and drawbacks of ISO currency codes in the financial landscape.
