Cyprus Israel Malta

Getting Currency Exchange Brokers to Choose the Right Circulating Currencies for You

When you sign up with currency exchange brokers, it is important to ensure that they tell you which circulating currencies are right for you.  Though in FOREX trading, the major currency pairs are important, knowing what other ones could be traded on your behalf helps you make money.

Currency exchange brokers do more than just get you set up for trading, they can guide you in many ways.  In fact, though recognizing the major currencies is vital to successful trading, there may be times when you venture further afield because of good tips or trends amongst other lesser currencies.  That is why you need to get your broker to let you know what all the currently circulating currencies are.

So, what are the currently circulating currencies on the FOREX market?  Well, the most popular include the US dollar, Canadian dollar, Swiss franc, New Zealand dollar, Australian dollar and the Japanese yen.  However, these are the other currencies traded on the FOREX market, according to their country:

• Afghanistan - Afghani
• Albania - Lek
• Algeria  - Dinar
• Andorra - Euro
• Angola  - New Kwanza
• Antigua and Barbuda - East Caribbean dollar
• Argentina - Peso
• Armenia - Dram
• Australia - Australian dollar
• Austria  - Euro (formerly schilling)
• Azerbaijan - Manat
• Bahamas - Bahamian dollar
• Bahrain - Bahrain dinar
• Bangladesh - Taka
• Barbados - Barbados dollar
• Belarus - Belorussian ruble
• Belgium - Euro (formerly Belgian franc)
• Belize- Belize dollar
• Benin - CFA Franc
• Bhutan - Ngultrum
• Bolivia - Boliviano
• Bosnia and Herzegovina                - Marka
• Botswana - Pula
• Brazil - Real
• Brunei - Brunei dollar
• Bulgaria - Lev
• Burkina Faso - CFA Franc
• Burundi                - Burundi franc
• Cambodia - Riel
• Cameroon - CFA Franc
• Canada - Canadian dollar
• Cape Verde - Cape Verdean escudo
• Central African Republic                - CFA Franc
• Chad - CFA Franc
• Chile - Chilean Peso
• China - Yuan/Renminbi
• Colombia - Colombian Peso
• Comoros - Franc
• Congo, Democratic Republic of the  - Congolese franc
• Congo, Republic of - CFA Franc
• Costa Rica - Colón
• Côte d'Ivoire - CFA Franc
• Croatia - Kuna
• Cuba - Cuban Peso
• Cyprus - Cyprus pound
• Czech Republic - Koruna
• Denmark - Krone
• Djibouti                - Djibouti franc
• Dominica - East Caribbean dollar
• Dominican Republic - Dominican Peso
• East Timor - U.S. dollar
• Ecuador - U.S. dollar
• Egypt - Egyptian pound
• El Salvador - Colón; U.S. dollar
• Equatorial Guinea - CFA Franc
• Eritrea - Nakfa
• Estonia - Kroon
• Ethiopia - Birr
• Fiji - Fiji dollar
• Finland - Euro (formerly markka)
• France - Euro (formerly French franc)
• Gabon - CFA Franc
• Gambia                - Dalasi
• Georgia                - Lari
• Germany - Euro (formerly Deutsche mark)
• Ghana - Cedi
• Greece - Euro (formerly drachma)
• Grenada - East Caribbean dollar
• Guatemala - Quetzal
• Guinea - Guinean franc
• Guinea-Bissau - CFA Franc
• Guyana                - Guyanese dollar
• Haiti - Gourde
• Honduras - Lempira
• Hungary - Forint
• Iceland - Icelandic króna
• India - Rupee
• Indonesia - Rupiah
• Iran - Rial
• Iraq - U.S. dollar
• Ireland - Euro (formerly Irish pound [punt])
• Israel - Shekel
• Italy - Euro (formerly lira)
• Jamaica                - Jamaican dollar
• Japan - Yen
• Jordan - Jordanian dinar
• Kazakhstan - Tenge
• Kenya - Kenya shilling
• Kiribati - Australian dollar
• Korea, North - Won
• Korea, South - Won
• Kuwait - Kuwaiti dinar
• Kyrgyzstan - Som
• Laos - New Kip
• Latvia - Lats
• Lebanon - Lebanese pound
• Lesotho                - Maluti
• Liberia - Liberian dollar
• Libya - Libyan dinar
• Liechtenstein - Swiss franc
• Lithuania - Litas
• Luxembourg - Euro (formerly Luxembourg franc)
• Macedonia  - Denar
• Madagascar - Malagasy franc
• Malawi - Kwacha
• Malaysia - Ringgit
• Maldives - Rufiya
• Mali - CFA Franc
• Malta - Maltese lira
• Mauritania - Ouguiya
• Mauritius - Mauritian rupee
• Mexico - Mexican peso
• Moldova - Leu
• Monaco - Euro
• Mongolia - Tugrik
• Montenegro - Euro
• Morocco - Dirham
• Mozambique - Metical
• Myanmar - Kyat
• Namibia - Namibian dollar
• Nauru - Australian dollar
• Nepal - Nepalese rupee
• Netherlands - Euro (formerly guilder)
• New Zealand - New Zealand dollar
• Nicaragua - Gold cordoba
• Niger - CFA Franc
• Nigeria - Naira
• Norway                - Norwegian krone
• Oman - Omani rial
• Pakistan - Pakistan rupee
• Palau - U.S. dollar used
• Panama - balboa; U.S. dollar
• Papua New Guinea - Kina
• Paraguay - Guaraní
• Peru - Nuevo sol (1991)
• Philippines - Peso
• Poland - Zloty
• Portugal - Euro (formerly escudo)
• Qatar - Qatari riyal
• Romania - Leu
• Russia - Ruble
• Rwanda - Rwanda franc
• St. Kitts and Nevis - East Caribbean dollar
• St. Lucia - East Caribbean dollar
• St. Vincent and the Grenadines - East Caribbean dollar
• Samoa - Tala
• San Marino - Euro
• São Tomé and Príncipe - Dobra
• Saudi Arabia - Riyal
• Senegal - CFA Franc
• Serbia   Yugoslav - new dinar (Kosovo – euro; Yugoslav dinar)
• Seychelles - Seychelles rupee
• Sierra Leone - Leone
• Singapore - Singapore dollar
• Slovakia - Koruna
• Slovenia - Slovenian tolar; euro
• Solomon Islands - Solomon Islands dollar
• Somalia - Somali shilling
• South Africa - Rand
• Spain - Euro (formerly peseta)
• Sri Lanka - Sri Lanka rupee
• Sudan - Dinar
• Suriname - Surinamese dollar
• Swaziland - Lilangeni
• Sweden               - Krona
• Switzerland - Swiss franc
• Syria - Syrian pound
• Taiwan - Taiwan dollar
• Tajikistan - somoni
• Tanzania - Tanzanian shilling
• Thailand - baht
• Togo - CFA Franc
• Tonga - Pa'anga
• Trinidad and Tobago - Trinidad and Tobago dollar
• Tunisia - Tunisian dinar
• Turkey - Turkish lira
• Turkmenistan - Manat
• Tuvalu - Australian dollar
• Uganda                - Ugandan new shilling
• Ukraine                - Hryvna
• United Arab Emirates - U.A.E. dirham
• United Kingdom - Pound sterling
• United States - dollar
• Uruguay - Uruguay peso
• Uzbekistan - Uzbekistani sum
• Vanuatu - Vatu
• Vatican City (Holy See) - Euro
• Venezuela - Bolivar
• Vietnam - Dong
• Yemen - Rial
• Zambia - Kwacha
• Zimbabwe - Zimbabwean dollar

 

About the Author

Art Witcombe is a writer and FOREX trader, whose blog, Currency Exchange Brokers, is sharing insights into the amazing world of the FOREX or foreign currency market.  He writes about a variety of topics for the site, including:

 

1. currency exchange
2. foreign exchange
3. currency exchange rate
4. foreign currency exchange
5. best FOREX brokers
6. FOREX brokers

 

Please feel free to visit his site at http://www.currencyexchangebrokers.com/

 

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