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What are the different types of currency?
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What is the definition of currency?
A currency (from Middle English: curraunt, "in circulation", from Latin: currens, -entis ), in the most specific sense is money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use, especially ...
The US Dollar (top) and the euro are by far the most used currencies in terms of global reserves. In the foreign exchange market and international finance, a world currency, supranational currency, or global currency is a currency that is transacted internationally, with no set borders. 1 Historical and current world.
Community currency - a complementary currency used by a group with a common bond, such as residents of a locality, association, or members of a business or online community. Local currency - a complementary currency used in a locality. Regional currency - a local currency where the locality is a larger region.
Currency is the unit of money used by the people of a country or Union for buying and selling goods and services. Certain currencies are said to be "pegged" or "fixed" to something, usually another currency. A fixed or pegged currency is one that has a constant value compared to what it is pegged to.
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a digital ledger or computerized database using strong cryptography to secure transaction record entries, to control the creation of additional digital coin records, and to verify the transfer of coin ownership.
The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.    As of December 2019 [update] , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world.
ISO 4217 is the international standard describing three-letter codes (also known as the currency code) to define the names of currencies, as established by the International Organization for Standardization (ISO). The ISO 4217 code list is the common way in banking and business, all over the world, for defining different currencies. In many ...
Renminbi is the name of the currency while yuan is the name of the primary unit of renminbi. This is analogous to the difference between "sterling" and " pound " when discussing the official currency of the United Kingdom , the pound sterling . 
The Indian rupee (sign: ₹; currency code: INR) is the official currency of India.The rupee is subdivided into 100 paise (singular: paisa), though as of 2019, coins of denomination of 1 rupee is the lowest value in use.