Introduction:
This article focuses on the international currencies and their English expressions.
1. British Pound Sterling (GBP) in the UK:
Composed of pounds (£) and pence (p).
Paper currency: notes with £5, £10, £20, and £50 denominations.
Coins: 1p, 2p, 5p, 10p, 20p, 50p, £1, and £2.
2. Japanese Yen (JPY) in Japan:
Currency symbol: ¥.
Paper currency: issued by the Bank of Japan.
Coins: 1, 5, 10, 50, 100, and 500 yen.
3. Euro (EUR) in the Eurozone:
Currency symbol: €.
Used in 19 of the 27 European Union member states.
Paper currency: denominations of €5, €10, €20, €50, €100, €200, and €500.
Coins: 1, 2, 5, 10, 20, and 50 cents, €1, and €2.
4. United States Dollar (USD) in the United States:
Currency symbol: $.
Paper currency: denominations of $1, $5, $10, $20, $50, and $100.
Coins: 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), and 1 dollar.
5. Swiss Franc (CHF) in Switzerland:
Currency symbol: Fr.
Paper currency: denominations of 10, 20, 50, 100, 200, and 1,000 francs.
Coins: 5, 10, 20, and 50 rappen, and 1, 2, and 5 francs.
6. Canadian Dollar (CAD) in Canada:
Currency symbol: $.
Paper currency: denominations of $5, $10, $20, $50, and $100.
Coins: 1 cent, 5 cents, 10 cents, 25 cents, 1 dollar (loonie), and 2 dollars (toonie).
7. Australian Dollar (AUD) in Australia:
Currency symbol: $.
Paper currency: denominations of $5, $10, $20, $50, and $100.
Coins: 5 cents, 10 cents, 20 cents, 50 cents, $1, and $2.
8. Others:
German Mark: DEM
French Franc: FRF
Hong Kong Dollar: HKD
Finnish Markka: FIM
Belgian Franc: BEF
Irish Pound: IEP
Italian Lira: ITL
Afghan Afghani: AFA
Argentine Austral: ARA
9. International Currency:
International currency: the term used to refer to currencies accepted globally for trade and commercial transactions.
Reconsidering the theory of international currency exchange.
The importance of international currencies in global economics.
10. Economic English Vocabulary:
Flag down fare: The initial fee for a taxi ride.
Required reserve ratio: A percentage of deposits banks must keep as reserves.
Real economy: The tangible production and consumption of goods and services.
Fictitious economy: The virtual or speculative aspects of the economy.
11. Chinese Renminbi (RMB):
RMB is gradually gaining recognition in the international currency system.
Commonly referred to as the Chinese yuan or just yuan.
Chinese currency exchange vocabulary: exchange rate, currency conversion, tourist agency, etc.
In conclusion, understanding the English expressions for international currencies is crucial for global economic interactions. Currencies like the British Pound Sterling, Japanese Yen, Euro, US Dollar, Swiss Franc, Canadian Dollar, Australian Dollar, and various others have unique symbols, paper currency, and coin denominations. Furthermore, recognizing the significance of international currencies and expanding economic English vocabulary is essential for effective communication in the financial world.
