Forex currency symbols.

When trading on the foreign exchange market, you will not see the usual inscriptions - euro or dollar; all entries are made with a special code consisting of three Latin letters.

This makes it possible to make records of transactions for the purchase or sale of currency as universal as possible and understandable to any trader, regardless of country of residence and language.

Below you will find the designations of the main world currencies that most often participate in exchange transactions and form currency pairs.

USD US dollar
JPY Japanese yen
GBP (STG) English pound sterling
CHF (SFR) Swiss franc
NLG (DFL) Dutch guilder
AUD Australian dollar
NZD New Zealand dollar
MXN Mexican peso
CAD Canadian dollar
SGD Singapore dollar
HKD Hong Kong dollar
KRW South Korean won
ZAR South African rand
SEK Swedish krona
NOK Norwegian krone
DKK Danish krone
FIM Finnish mark
RUR Russian ruble

In fact, the letter code encrypts the name of the world currency it denotes, for example, the British pound is designated as GBP, and stands for Great Britain Pounds, everything is as simple as possible.

Abbreviated notations can significantly speed up the process of recording quotes and make them understandable, regardless of the language a trader or employee of a financial institution speaks.