The ruble used to be the currency of the Russian Empire and of the Soviet Union. Today, only Russia, Belarus, and Transnistria use the ruble. It was the world’s first decimal currency.
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New Zealand Dollar
The New Zealand dollar is the official currency of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and the Pitcairn Islands. It is also colloquially called the “Kiwi” or “Kiwi dollar.”
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This official currency of Singapore, the Singapore dollar, is divided into 100 cents. It is the twelfth most traded currency in the world.
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The Brunei dollar is the currency of the Sultanate of Brunei and has been since 1967. It has the same value as the Singapore dollar since the 1970s.
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The Gibraltar pound is exchangeable with the British pound sterling at par value. Gibraltar decimalized in 1971 — the same time as the UK.
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The Egyptian pound is divided into 100 piastres, or ersh or 1,000 milliemes. Frequently abbreviated as LE or L.E. — which denotes livre égyptienne (French for Egyptian pound). The symbols E£ and £E are commonly used.
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South African Rand
The rand is accepted as legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia. The latter three countries though have their own currencies pegged at par with the rand.
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The Moroccan dirham (DH) is the official currency of Morocco. Before 1882, Morocco issued copper coins, silver coins, and gold coins as currency.
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It is the basic unit of the Republic of Sudan and consists of 100 piasters. It has been pegged to the US dollar since 1984.
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Cedi is the Akan (principal native language of the Akan people of Ghana) word for cowry shell. These used to be used as currency in Ghana.
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On 1st January 1973 the Naira replaced the pound and was the last British colony to replace the pound with their own currency.
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While ancient India was the one of the first issuers of coins, the Rupee got its own symbol, ‘₹’, only in 2012.
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Derived from the “Roman denarius” the dinar was introduced in 1960. Tunisia used to be called Roman Carthage and was a major city of the Roman Empire.
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Up until 1966, Qatar used Indian currency in the form of Gulf rupees. After India devalued the rupee, Qatar introduced its own currency.
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After Seychelles, Iceland is the second smallest country to have its own currency. The Krona is also sometimes called the Icelandic crown.
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The Kuwaiti Dinar like the Qatari Riyal, was introduced to replace the Indian rupee. When Iraq invaded Kuwait, for a brief period, the Iraqi dinar replaced the Kuwaiti dinar.
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This currency is the third highest valued currency in the world after the Kuwaiti dinar and the Bahraini dinar. Till 1940 the Indian rupee was the main currency in Oman.
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Manat is derived from the Latin word “Moneta” and is the source of the words money and mint.
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Introduced in 1971, this currency replaced the pound. Commonly called the jni or jneh, the word ‘dinar’ is rarely used outside official circles.
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Apart from being the legal tender of Australia, the Australian dollar is also legal tender for its external territories like Christmas Island, Cocos (Keeling) Islands, and Norfolk Island), and the currency of the three independent Pacific Island states of Kiribati, Nauru, and Tuvalu.
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British Pound Sterling
The pound is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is the fourth most-traded currency in the foreign exchange market.
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The Jordanian dinar is widely used with the Israeli shekel in the West Bank. It became the country’s official currency in 1950.
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As the official currency of 19 of the 28 member states of the European Union, the euro is the second largest and second most traded currency in the foreign exchange market.
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Cayman Islands Dollar
10 years after the separation of the Cayman Islands from the Colony of Jamaica, the Cayman Islands Dollar was introduced (1972). It is the 9th-highest-valued currency unit in the world.
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The US Dollar is the most used currency in international transactions and is the world’s primary reserve currency.
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Apart from the being the legal tender of Switzerland and Liechtenstein; it is also legal tender in the Italian exclave Campione d’Italia. Since French, German, Italian and Romansh are all national languages, Latin is used for language-neutral inscriptions on coins.
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Derived from the Japanese word meaning “round” the yen sounds like Chinese yuan, or the North Korean and South Korean won. It is the third most traded currency in the foreign exchange market right after the United States dollar and the euro.
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The word lira is derived from the ancient Roman unit of weight, the “libra” which was the Troy pound of silver.
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The shilling has been a part of Somali currency since 1921.
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South Korean Won
Before 1910, the won was the currency of Korea. Under the Japanese from 1910-1945, the won was replaced by the Korean yen. After 1945, the won became the currency for both North and South Korea.
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The Mexican peso is the 10th most traded currency in the world. The term was first used to refer to pesos oro (gold weights) or pesos plata (silver weights).
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Since 1969 the Fijian dollar has been legal tender of the island country. Fiji actually is comprised of about 330 islands!
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The florin was introduced in 1986 to repace the Netherlands Antillean guilder.
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Lev in older forms of Bulgarian means “lion” which in modern times has become lăv.