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currency

currency

433 1.2
The money used in a country, like coins and paper notes
  • noun
  • /ˈkɜrənsi/
translation icon : moneda
  • In the last three years, the most stable currency has been the Egyptian pound.
  • foreign currency
  • currency exchange
  • currency markets

So you've all owned the native currency that helps a blockchain.

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Examples

  • The euro is the official currency of 19 of the 27 member countries of the European Union.

  • What is the name of the currency of China?

  • What is the currency used in India?

  • That is the Chinese currency rather than the US dollar.

  • Central banks traditionally hold foreign currency reserves to ensure their ability to buy imports.

    Academic text (2012)
  • The international monetary system rests on just two currencies: the dollar and the euro.

    Academic text (2012)
  • Before traveling to Japan, I exchanged my dollars for the local currency.

  • The currency in Canada is called the Canadian dollar, which is used for everyday transactions.

Synonyms

money
vscurrency
1.0

Coins, bills, or bank savings people use to buy things and pay for services

is the national system that defines and issues those forms for everyday use
monetary system
vscurrency
  • Specialized
14 3.7

The way a country supplies and manages money and how people measure its value

focuses on the common national forms used day to day rather than supply
legal tender
vscurrency
  • Formal
4 4.0

Coins or paper money that the law says must be accepted for payment

is the general national system of circulating forms not the legal acceptance rule

Antonyms

20 3.5

An exchange of goods or services directly for other goods without using money

Compounds

hard currency
  • Specialized
10 4.9

Money that is widely used and stays stable in value

Money in printed notes that people use instead of coins

The main person who leads the agency that watches over national banks

A thing many people in a group accept or value

hard currency
  • Jargon
1 5.5

Game money you buy with real money to get special items

1 7.4

Money that people no longer use to pay for things

7.3

Paper money that is worth less than one unit of a country's money and is used like coins

Physical money you can hold, such as bills and coins, not checks or cards

How Common

currency
433 1.2
foreign exchange
  • Specialized
7 4.1
valuta
  • Specialized
9.8
fractional currency
  • Archaic
7.3

Surface Forms

currency singular
currencies plural

Morphology

currency = current (semi-transparent) = current + cy

Formed from 'current' + the noun-forming suffix '-cy'; the specialized institutional meaning 'system of money' relies on 'current' in the sense 'in circulation' and may not be fully predictable for learners.

Etymology

Currency comes from the Latin verb currere 'to run' and is the same root as current. So money is called currency because coins and notes 'run' between people and shops and are in 'circulation'.