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23-566: A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50 , 2,50€ and 2 [REDACTED] 50 . Symbols are neither defined nor listed by international standard ISO 4217 , which only assigns three-letter codes. When writing currency amounts, the location of the symbol varies by language. For currencies in English-speaking countries and in most of Latin America,

46-526: A "hard space" ( non-breaking space ) and the amount: and for texts in Bulgarian , Croatian , Czech , Danish , Dutch , Estonian , Finnish , French , German , Greek , Hungarian , Italian , Lithuanian , Polish , Portuguese , Romanian , Slovak , Slovene , Spanish , and Swedish the order is reversed; the amount is followed by a non-breaking space and the ISO ;4217 code: As illustrated,

69-618: A list of all currently pegged currencies. Despite having no presence or status in the standard, three letter acronyms that resemble ISO 4217 coding are sometimes used locally or commercially to represent de facto currencies or currency instruments. The following non-ISO codes were used in the past. Minor units of currency (also known as currency subdivisions or currency subunits) are often used for pricing and trading stocks and other assets, such as energy, but are not assigned codes by ISO 4217. Two conventions for representing minor units are in widespread use: A third convention

92-573: A new symbol to be used, its glyphs needs to be added to computer fonts and keyboard mappings already in widespread use, and keyboard layouts need to be altered or shortcuts added to type the new symbol. For example, the European Commission was criticized for not considering how the euro sign would need to be customized to work in different fonts. The original design was also exceptionally wide. These two factors have led to most type foundries designing customized versions that match

115-478: A number of reasons for this: In addition to codes for most active national currencies ISO 4217 provides codes for "supranational" currencies, procedural purposes, and several things which are "similar to" currencies: The use of an initial letter "X" for these purposes is facilitated by the ISO ;3166 rule that no official country code beginning with X will ever be assigned. The inclusion of EU (denoting

138-543: Is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and

161-513: Is also the ISO 3166-1 code for "US" (United States). The following is a list of active codes of official ISO 4217 currency names as of 1 January 2024 . In the standard the values are called "alphabetic code", "numeric code", "minor unit", and "entity". According to UN/CEFACT recommendation 9, paragraphs 8–9 ECE/TRADE/203, 1996: A number of currencies had official ISO 4217 currency codes and currency names until their replacement by another currency. The table below shows

184-552: Is similar to the second one but uses an upper-case letter, e.g. ZAC for the South African Cent. Cryptocurrencies have not been assigned an ISO 4217 code. However, some cryptocurrencies and cryptocurrency exchanges use a three-letter acronym that resemble an ISO 4217 code. Swiss Association for Standardization The Swiss Association for Standardization or Schweizerische Normen-Vereinigung ( SNV ), French : Association Suisse de Normalisation ,

207-526: The European Union ) in the ISO 3166-1 reserved codes list allows the euro to be coded as EUR rather than assigned a code beginning with X, even though it is a supranational currency. ISO 4217 also assigns a three-digit numeric code to each currency. This numeric code is usually the same as the numeric code assigned to the corresponding country by ISO 3166-1 . For example, USD ( United States dollar ) has numeric code  840 which

230-590: The Swiss Association for Standardization . The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated currency names or ambiguous currency symbols . ISO 4217 alpha codes are used on airline tickets and international train tickets to remove any ambiguity about

253-488: The 'look and feel' of the font to which it is to be added, often with reduced width.  & U+FFE6 ￦ FULLWIDTH WON SIGN Some of these symbols may not display correctly. The Unicode CJK Compatibility block contains several square versions of the names of currencies in Japanese katakana . They are intended for compatibility with earlier character sets. ISO 4217 ISO 4217

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276-491: The ISO currency codes of former currencies and their common names (which do not always match the ISO 4217 names). That table has been introduced end 1988 by ISO. The 2008 (7th) edition of ISO 4217 says the following about minor units of currency: Requirements sometimes arise for values to be expressed in terms of minor units of currency. When this occurs, it is necessary to know the decimal relationship that exists between

299-732: The United States dollar and the Bahraini dinar , for which the column headed "Minor unit" shows "2" and "3", respectively. As of 2021 , two currencies have non-decimal ratios, the Mauritanian ouguiya and the Malagasy ariary ; in both cases the ratio is 5:1. For these, the "Minor unit" column shows the number "2". Some currencies, such as the Burundian franc , do not in practice have any minor currency unit at all. These show

322-482: The currency concerned and its minor unit. This information has therefore been included in this International Standard and is shown in the column headed "Minor unit" in Tables A.1 and A.2; "0" means that there is no minor unit for that currency, whereas "1", "2" and "3" signify a ratio of 10:1, 100:1 and 1000 :1 respectively. The names of the minor units are not given. Examples for the ratios of 100 :1 and 1000 :1 include

345-509: The currency's full English name, this is not always the case, as currencies such as the Algerian dinar , Aruban florin , Cayman dollar , renminbi , sterling , and the Swiss franc have been assigned codes which do not closely resemble abbreviations of the official currency names. In some cases, the third letter of the alpha code is not the initial letter of a currency unit name. There may be

368-733: The euro sign € is based on ϵ , an archaic form of the Greek epsilon , to represent Europe; the Indian rupee sign ₹ is a blend of the Latin letter ' R ' with the Devanagari letter र ( ra ); and the Russian Ruble sign ₽ is based on Р (the Cyrillic capital letter 'er' ). There are other considerations, such as how the symbol is rendered on computers and typesetting. For

391-409: The formation of new countries, treaties between countries on shared currencies or monetary unions, or redenomination from an existing currency due to excessive inflation. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency is responsible for maintaining the list of codes. In the case of national currencies, the first two letters of the alpha code are

414-478: The mark employed to denote the Spanish dollar , whereas the pound and lira symbols evolved from the letter L (written until the seventeenth century in blackletter type as L {\displaystyle {\mathfrak {L}}} ) standing for libra , a Roman pound of silver. Newly invented currencies and currencies adopting new symbols have symbolism meaningful to their adopter. For example,

437-532: The number "0", as with currencies whose minor units are unused due to negligible value. The ISO standard does not regulate either the spacing, prefixing or suffixing in usage of currency codes. The style guide of the European Union 's Publication Office declares that, for texts issued by or through the Commission in English , Irish , Latvian , and Maltese , the ISO 4217 code is to be followed by

460-512: The order is determined not by the currency but by the native language of the document context. The US dollar has two codes assigned: USD and USN ("US dollar next day"). The USS (same day) code is not in use any longer, and was removed from the list of active ISO 4217 codes in March 2014. A number of active currencies do not have an ISO 4217 code, because they may be: These currencies include: See Category:Fixed exchange rate for

483-642: The price. In 1973, the ISO Technical Committee 68 decided to develop codes for the representation of currencies and funds for use in any application of trade, commerce or banking. At the 17th session (February 1978), the related UN / ECE Group of Experts agreed that the three-letter alphabetic codes for International Standard ISO 4217, "Codes for the representation of currencies and funds", would be suitable for use in international trade. Over time, new currencies are created and old currencies are discontinued. Such changes usually originate from

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506-667: The symbol is placed before the amount, as in $ 20.50 . In most other countries, including many in Europe, the symbol is placed after the amount, as in 20,50€ . Exceptionally, the symbol for the Cape Verdean escudo (like the Portuguese escudo , to which it was formerly pegged ) is placed in the decimal separator position, as in 2 [REDACTED] 50 . Older currency symbols have evolved slowly, often from previous currencies. The modern dollar and peso symbols originated from

529-445: The two letters of the ISO 3166-1 alpha-2 country code and the third is usually the initial of the currency's main unit. So Japan 's currency code is JPY : "JP" for Japan and "Y" for yen . This eliminates the problem caused by the names dollar , franc , peso , and pound being used in dozens of countries, each having significantly differing values. While in most cases the ISO code resembles an abbreviation of

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