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Encyclopedia > Currency Symbol

Graphic symbols are often used as a shorthand for currency names. Internationally, ISO 4217 codes are used instead of currency signs, though currency signs may be in common use in their respective countries.


When writing currency amounts the location of the sign varies by currency. Many currencies locate it before the amount (e.g., £50.00); some after the amount (e.g., 50.00 S₣); and before they were abolished, the sign for the Portuguese Escudo and the French Franc were placed in the decimal position (i.e., 50$00 or 12F34). Although the defined placement of the euro sign by the European Commission is that (€) is placed before the amount, many countries which had their former currency sign placed in other positions continue to use the old position with the new currency.


Some currency symbols include:


  Results from FactBites:
 
XE.com - World Currency Symbols (963 words)
This symbol is composed of two sequential characters: a lower case "k" followed by a lower case "r".
The graphic symbol in the first column will always be visible, but the symbols in the other columns may or may not be available, depending on which fonts are installed on your computer.
No currency symbol is a hollow box; a hollow box always means that a font does not contain a symbol for that currency.
RATE-EXCHANGE.org - Currency Resources and Exchange-Rates (1329 words)
Most currencies traded on the Interbank market are floating-rate currencies, meaning that they are subject to the forces of supply and demand, and their exchange rates are determined primarily by the liquidity of the marketplace.
The forward rate is the value of a currency at a point either 30, 60 or 90 days into the future, and reflect the exchange rate on the day of future settlement.
Currency futures are forward rates pertaining to currency blocks of a set size.
  More results at FactBites »


 

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