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Forex Foreign currency symbols | Currency Symbols | Forex currency symbols

Discussion in 'Forex Forum' started by 5STARSFOREX, Jan 25, 2016.

  1. 5STARSFOREX

    5STARSFOREX New Member

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    Foreign currency symbols | Currency Symbols | Forex currency symbols

    Currencies have their own symbols that distinguish one from another. In Forex, the price of a currency pair is simply the value of one currency against the value of another. A currency pair includes the "name" for both currencies, separated by a "/". The "name" is a three letter acronym. The first two letters, in most cases, identify the country, while the last letter denotes the unit of currency for that country.
    For example,
    USD = United States Dollar
    GBP = Great Britain Pound
    JPY = Japanese Yen
    CAD = Canadian Dollar
    CHF = Confederatio Helvetica (Latin for Swiss Confederation) Franc
    NZD = New Zealand Dollar
    AUD = Australian Dollar
    NOK = Norwegian Krona
    SEK = Swedish Krona
    Since the European Euro has no specific country attached to it, it goes simply by the acronym EUR.
    By combining one currency, EUR, with another USD, you create a currency pair EUR/USD.
     
    Last edited by a moderator: Jan 26, 2016

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