Glossary
Navigate the complex world of currency management with our comprehensive dictionary of financial terms and definitions.
Currency Codes
Currency codes or country currency codes are three-character combination codes representing each one of the world currencies in circulation. Currency codes are published by the International Organization for Standardization in a list referred to as ISO 4217. Currency codes are composed of a country's two-character Internet country code plus a third character denoting the currency unit. For example, the Canadian Dollar code (CAD) is made up of Canada's Internet code ("CA") plus a currency designator ("D"). In the foreign exchange market, these codes allow traders to eliminate potential confusion caused by names designating more of one currency such as with dollar, peso, pound, or krona.