The currency of a nation is its money either in the form of paper money, coins, bank notes, etc. The international currencies represented by their codes, play a vital role in international trade and are usually exchanged in accordance with prevailing rates.
The world’s foreign exchange market is dominated by five major currencies: the US dollar, the Euro, the British Pound, the Swiss Franc and the Japanese Yen. A broader definition of the major currencies the Canadian, Australian and the New Zealand dollar, also called minor currencies.
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