Monday, November 16, 2009

Some common and well known currency symbols and Abbreviations used in "FOREIGN EXCHANGE MARKET"

ABBREVIATION USED:-


USD --- The United States Dollar--- $

EUR --- The currency introduced by European Union for only european countries "EURO".---€.Used only in European countries for trading and for other things.

GBP --- The Great British Pound.It used in british countries like england.£---

JPN --- The Japanese Yen.Used in JAPAN.---¥

CHF --- The Swiss Franc.It is used in switzerland.---CHF

AUD --- The Australian Dollar.It is used in australia.---$

CAD --- The Canadian Dollar.It is used in Canada.$



THESE SIGN AND SYMBOLS ARE THE MOST COMMON ONES THAT ARE USED IN FOREX EXCHANGING.THESE SIGNS AND SYMBOLS ARE GIVEN FOR FOR YOUR CONVENIENCE.OTHER THAN THIS MANY OTHER CURRENCIES ARE PRESENT BUT THESE CURRENCIES ARE THE MOST USED CURRENCIES IN FORIGN EXCHANGE.DUE TO THE DOWN FALL OF AMERICAN DOLLAR IN INTERNATIONAL MARKET MANY COUNTRIES ARE NOW KEEPING THEIR RESERVES IN GOLD OR JAPANES YEN INSTED OF DOLLAR>

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