Currencies of the world

In the Netherlands and Belgium, the Euro has been used as the national currency since 2002, replacing the guilder and the Belgian franc. In Europe there are many more countries where the Euro is the legal tender, most of which are united in the Euro zone. But there are also many countries in Europe and beyond that use other currencies.

Currencies

Our current economic systems use money, with an agreed value. All countries in the world use their own currency for their money. Some countries make agreements with each other, allowing them to use one currency or to use the currency of another country. In the case of some smaller countries you see this happening more often. For example, Liechtenstein uses the Swiss franc as its currency.

Euro as currency

A number of European Union countries have adopted the Euro as their new currency since 2002. From that moment on, the Belgian franc , the Dutch guilder , the Deutsche mark , the Italian lira and many more old national currencies disappeared from view. The European countries that use the Euro as their currency are united within the Eurozone. After 2002, countries were regularly added to the Eurozone. In addition, there are also some small countries, such as Vatican City and San Marino, that are too small for their own currency. They have been given permission to also use the Euro, but are not officially part of the Eurozone or European Union.

Agreements about money

Within the Eurozone, making agreements about the financial policy to be pursued is a necessity. Huge budget deficits that can even lead to bankruptcies of countries can have disastrous consequences for all countries within the Eurozone. An example of this is the crisis surrounding Greece, where in 2015 a Greek exit from the Euro, the so-called Grexit, seemed to have been barely prevented.

Multiple coins

There are a special situation in some countries in the world, for example China and the Netherlands.

  • Although Hong Kong now officially belongs to China, the country is still a special region, where old laws and rules are still valid for a while. Hong Kong therefore has a different currency than the rest of China.
  • The Kingdom of the Netherlands consists of different territories, where a total of four different currencies are used. Because every country within the kingdom is autonomous, this is not surprising. But the islands of Bonaire, St. Eustatius and Saba have been part of the Netherlands since 2010, as a special municipality. However, these islands do not use the Euro, but use the American dollar.

Euro table

In the table below you see countries that have officially adopted the Euro as their currency. You also see the countries that still use the Euro.

Country

Currency used

Abbreviation

Belgium

Euro

EUR

Germany

Euro

EUR

Estonia

Euro

EUR

Finland

Euro

EUR

France

Euro

EUR

Greece

Euro

EUR

Ireland

Euro

EUR

Italy

Euro

EUR

Luxembourg

Euro

EUR

Malta

Euro

EUR

Monaco

Euro

EUR

The Netherlands

Euro

EUR

Austria

Euro

EUR

Portugal

Euro

EUR

San Marino

Euro

EUR

Slovenia

Euro

EUR

Slovakia

Euro

EUR

Spain

Euro

EUR

Vatican

Euro

EUR

Countries with a currency other than the Euro

The number of countries that use a currency other than the Euro is – of course – much larger. In the list below you will see a large number of countries, with the currency and the official abbreviation used for that currency.

Country

Currency used

Official abbreviation

Afghanistan

Afghani

AFN

Albania

Leak

ALL

Algeria

Algerian dinar

DZD

Argentina

Argentine peso

ARS

Armenia

Dram

AMD

Aruba

Aruban florin

A.W.G

Australia

Australian dollar

AUD

Barbados

Barbadian dollar

BBD

Bermuda

Bermuda dollar

BMD

Bonaire

U.S. dollar

USD

Bosnia and Herzegovina

Bosnian Convertible Mark

BAM

Brazil

Real

BRL

Bulgaria

Lev

BGN

Cambodia

Riel

KHR

Canada

Canadian dollar

CAD

Chili

Chilean peso

CLP

China

Renminbi

CNY

Colombia

Colombian peso

COP

Congo-Kinshasa

Congolese franc

CDF

Costa Rica

Costa Rican colon

CRC

Cuba

Cuban peso

CUP

Curacao

Antillean guilder (Becomes: Caribbean guilder)

ANG (Becomes: CMG)

Denmark

Danish crown

DKK

Dominican Republic

Dominican peso

DOP

Egypt

Egyptian pound

EGP

Ecuador

U.S. dollar

USD

Fiji

Fiji dollar

FJP

Philippines

Philippine peso

PHP

Gibraltar

Gibraltarian pound

GIP

Guatemala

Quetzal

GTQ

Haiti

Gourde

HTG

Honduras

Lempira

HNL

Hungary

Forint

HUF

Hong-Kong

Hong Kong dollar

HMO

Iceland

Icelandic krone

ISK

India

Indian rupee

INR

Indonesia

Rupiah

IDR

Iraq

Iraqi dinar

IRD

Iran

Iranian rial

IRR

Israel

New Israeli shekel

NIS

Jamaica

Jamaican dollar

J.M.D

Japan

Yen

JPY

Jordan

Jordanian dinar

JOD

Cayman Islands

Cayman Islands dollar

KYD

Cape Verde

Cape Verdean escudo

CVE

Kenya

Kenyan shilling

KES

Croatia

Kuna

HRK

Laos

Chicken

LACQUER

Latvia

Lats

LVL

Lebanon

Lebanese pound

LBP

Liechtenstein

Swiss Franc

CHF

Lithuania

Litas

LTL

Libya

Libyan dinar

LYD

Madagascar

Ariary

M.G.A

Malaysia

Ringgit

MYR

Morocco

Moroccan dirham

MAD

Mauritius

Mauritian rupee

MUR

Mexico

Mexican peso

MXN

Mozambique

Metical

MZN

Myanmar

Kyat

MMK

Nepal

Nepalese rupee

NPR

New Zealand

New Zealand dollar

NZD

North Korea

North Korean won

KPW

Norway

Norwegian crown

NOK

Ukraine

Hryvnya

UAH

Pakistan

Pakistani rupee

PKR

Panama

Balboa

PAB

Poland

Zloty

PLN

Romania

Romanian leu

RON

Russia

Ruble

RUB

Saba

U.S. dollar

USD

Saudi Arabia

Saudi riyal

SAR

Serbia

Serbian dinar

C.S.D

Seychelles

Seychellois rupiah

SCR

Singapore

Singapore dollar

SGD

St. Eustatius

U.S. dollar

USD

St Martin

Antillean guilder (becomes: Caribbean guilder)

ANG (CMG)

Sri Lanka

Sri Lankan rupee

LKR

Suriname

Surinamese dollar

SRD

Syria

Syrian pound

SYP

Tanzania

Tanzanian shilling

TZS

Thailand

Baht

THB

Czech Republic

Coruna

CZK

Trinidad and Tobago

Trinidad and Tobago dollar

TTD

Turkey

Turkish lira

TL

Venezuela

Bolivar

VEF

United Kingdom

Pound sterling

GBP

United Arab Emirates

UAE dirham

AED

United States

U.S. dollar

USD

Vietnam

Dong

VND

Belarus

Belarusian ruble

BYR

South Africa

Edge

ZAR

South Korea

South Korean won

WFD

Sweden

Swedish crown

SEK

Switzerland

Swiss Franc

CHF

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