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What is an ISO 4217 code?
How are currencies represented in ISO 4217?
What are ISO currency codes?
What is the difference between a currency symbol and a numeric code?
Jan 19, 2022 · Learn more. What’s the difference between a currency code and a currency symbol? ISO publishes and maintains the “ISO 4217” code list, a list with both alphabetic and numeric codes to represent currencies around the world. It’s used to establish internationally recognized codes and reduce confusion and errors when dealing with different currencies.
Currencies are represented both numerically and alphabetically, using either three digits or three letters. Some of the alphabetic codes for major currencies are familiar, such as “EUR” for Euros. Fortunately, ISO 4217 covers everything from Afghanis to Zambian Kwacha as well.
The International Organization of Standardization publishes a list of standard currency codes that outlines alpha and numeric codes for each currency. What is a currency symbol? A currency symbol is a graphic symbol that represents a specific currency in a quick and simple way, for example $20 represents 20 US dollars.
CurrencyIso 4217 CodeCurrency SymbolCurrency of Afganistan is the AfghaniAFN (؋)؋Currency of Albania is the LekALLLekCurrency of Alergia is the Algerian ...DZDد.جCurrency of American Samoa is the US ...USD ($)$What is the ISO 4217 standard? 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.
That’s where ISO 4217 comes in—a universal standard established by the International Organization for Standardization (ISO) to represent the world’s currencies. The code is formed by three characters. The first two represent the country, while the third one represents the name of the currency.
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.
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.
