Sunday, May 17, 2009

How are foreign currencies

Now let’s take a look at how foreign currencies are quoted and priced. Currencies are designated by three-letter symbols. The standard symbols for some of the most commonly traded currencies are shown below.
EUR
Euro
USD
United States dollar
CAD
Canadian dollar
GBP
British pound
JPY
Japanese yen
AUD
Australian dollar
CHF
Swiss franc

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