What is Currency
Currency is a standardization of money in any form, in use or circulation as a medium of exchange, such as banknotes and coins. Currency can be used to refer to any type of money. A currency is a system of money that is used in a common manner within a particular setting throughout a period of time, particularly for the general population of a nation state. This is a more generic meaning of the term. As per this particular definition, the British Pound sterling, euros, Japanese yen, and United States dollars are all instances of fiat currencies that are issued by the government. In addition to serving as a means of storing value, currencies can also be transferred between countries on foreign exchange markets. These markets are responsible for determining the relative values of the various currencies. In this sense, currencies are either chosen by users or legislated by governments, and each form has limited bounds of acceptance; for example, legal tender rules may require a specific unit of account for payments to government entities. Each type of currency has its own defined boundaries of acceptance.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Currency
Chapter 2: Gold standard
Chapter 3: Seigniorage
Chapter 4: Afghan afghani
Chapter 5: Philippine peso
Chapter 6: Legal tender
Chapter 7: Hong Kong dollar
Chapter 8: Argentine peso
Chapter 9: Singapore dollar
Chapter 10: Indian rupee
Chapter 11: Cuban peso
Chapter 12: Convertibility
Chapter 13: Bermudian dollar
Chapter 14: Soviet ruble
Chapter 15: History of the United States dollar
Chapter 16: History of the Canadian dollar
Chapter 17: Japanese currency
Chapter 18: Money
Chapter 19: United States dollar
Chapter 20: Fiat money
Chapter 21: Paper money of the Qing dynasty
(II) Answering the public top questions about currency.
(III) Real world examples for the usage of currency in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Currency.
