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2. Euro (EUR) – The Euro is the official currency of the European Union and is used by 19 of the 27 EU member countries. |
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3. Japanese Yen (JPY) – The Japanese Yen is the official currency of Japan and is one of the most traded currencies in the world. |
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4. British Pound Sterling (GBP) – The British Pound Sterling is the official currency of the United Kingdom and one of the oldest currencies in the world. |
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5. Swiss Franc (CHF) – The Swiss Franc is the official currency of Switzerland and is known for its stability and strength. |
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6. Canadian Dollar (CAD) – The Canadian Dollar is the official currency of Canada and is often referred to as the “loonie.” |
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7. Australian Dollar (AUD) – The Australian Dollar is the official currency of Australia and is often referred to as the “aussie.” |
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8. Chinese Yuan (CNY) – The Chinese Yuan is the official currency of China and is also known as the Renminbi. |
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9. Indian Rupee (INR) – The Indian Rupee is the official currency of India and is one of the oldest currencies in the world. |
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10. Brazilian Real (BRL) – The Brazilian Real is the official currency of Brazil and is known for its fluctuating value. |
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Important Facts: |
– The US Dollar is often used as the global reserve currency, meaning it is held by central banks and other financial institutions as a way to stabilize their own currencies. |
– The Euro is used by over 340 million people in the Eurozone, making it one of the most widely circulated currencies in the world. |
– The Swiss Franc is often seen as a safe haven currency, meaning investors tend to flock to it during times of economic uncertainty. |
– The Canadian Dollar is closely tied to the price of oil, as Canada is one of the world’s largest oil producers. |
– The Chinese Yuan is tightly controlled by the Chinese government, leading to accusations of currency manipulation by other countries. |