currency

Definition

Any form of money that is in public circulation. Currency includes both hard money (coins) and soft money (paper money). Typically currency refers to money that is legally designated as such by the governing body, but in some cultures currency can refer to any object that has a perceived value and can be exchanged for other objects.

Use currency in a sentence

The most traded currency traded worldwide is the United States dollar, followed in second by the euro.

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Polish Zloty Hong Kong interbank offer rate (HIBOR)