USD Dollar

The dollar is the official currency of the United States of America. It is divided into 100 cents while the US dollar ISO is the USD.

Its name owes it to the historical Spanish dollar.

In normal circulation there are coins with a denomination of 1¢ (cent, or penny), 5¢, 10¢, 25¢, 50¢ and $1 dollar, although rare.

There are also $1, $2, $5, $10, $20, $50 and $100 banknotes available. Banknotes denominated in excess of $ 100 have been abolished to make it difficult to transport large value of illegal money.

The figure of George Washington adorns the $1 and Benjamin Franklin that of the $100 bill.

The USD has been established as a reserve currency by many Central Banks of the respective countries and is the official currency of East Timor, El Salvador and Ecuador. In addition to countries that have the US dollar as official currency, 10 other countries use it unofficially as a currency, these are:

1. East Timor
2. Bermuda
3. British Virgin Islands
4. El Salvador
5. Equator
6. Marshall Islands
7. Federated States of Micronesia
8. Palau
9. Panama
10. Turks and Cake

Sterling or Pound United Kingdom

Sterling or, as usual, pound sterling is the official currency of the United Kingdom of Great Britain and Northern Ireland. It is subdivided into 100 pence and is the fourth most important trading currency after the US dollar, the Euro and the Japanese Yen.

In regular circulation there are coins denominated in 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2.

Also there are banknotes of £1 (Scotland only), £ 5, £ 10, £ 20, £ 50, £100 (only in Scotland and in Northern Ireland).

In Scotland and in Northern Ireland, there are local Sterling banknotes which are issued by local banks there. These banknotes are generally accepted in all UK regions, although in any case they are exchanged with Bank of England banknotes at any bank in the United Kingdom.

Banknotes issued by the Bank of England are the majority of banknotes in circulation and widely accepted throughout the United Kingdom. Also, worldwide and outside the UK, it is difficult to exchange banknotes issued in Scotland and Northern Ireland, while all exchange bureaus and foreign banks, on the other hand, recognize banknotes issued by the Bank of England.

Canadian Dollar

The Canadian Dollar is the official currency of Canada, it has $ as a symbol and sometimes can be found also as Can $ or C$ to stand out from the US dollar. The ISO code to which it corresponds is CAD and is divided into 100 cents.

It is the fifth most important reserve currency and accounts for 2% of global currencies in total.

In normal circulation there are coins with a denomination of 5¢, 10¢, 25¢, 50¢, $1 and $2.

There are also $5, $10, $20, $50 and $100 banknotes available.

Canadian dollars, especially currencies, are accepted by some businesses in the northern cities of the United States. In 2012, Iceland considered the adoption of the Canadian dollar as a stable alternative to the Icelandic króna. Canada has favored due to its northern geographical proximity and similar economy, beyond its relative economic stability. Indeed, the Canadian ambassador to Iceland said that Iceland could adopt the currency. although Iceland eventually decided not to proceed with the proposal.

Australian Dollar

The Australian dollar with ISO code AUD has a $ symbol and not to be confused with the US dollar is often written A$ or AU$.

It is the currency of the Commonwealth of Australia, including the Christmas Island, the Cocos Islands and the Norfolk Island. This currency is used in the Pacific States of Kiribati, Nauru and Tuvalu. The dollar was released on February 14, 1966, and replaced the Australian pound, while at the same time introduced the decimal system. It is subdivided into 100 cents.

In normal circulation there are coins with a denomination of 5¢, 10¢, 20¢, 50¢, $1 and $2.

There are also $5, $10, $20, $50 and $100 banknotes available.

Today ranges between fifth and sixth in trading position currency in the international financial markets. The Australian dollar is popular with foreign investors due to high prices on international stock exchanges, the relative lack of state interventionism, as well as relative stability in the economy and the government.

Swiss franc

The Swiss franc is the official currency of Switzerland and Liechtenstein. It has the Fr as a symbol or SFr while the ISO code is CHF. It is subdivided into 100 rappen or centimes.

In normal circulation there are coins with a denomination of 5centimes, 10centimes, 20centimes, 50centimes, 1SFr, 2SFr and 5SFr.

There are also available notes of 10Fr, 20Fr, 50Fr, 100Fr, 200Fr and 1.000Fr. In recent years, the independent Central Bank of Switzerland has adopted a zero-interest policy in an effort to curb the upward trend of the franc, which makes Swiss exports less competitive.