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There are 180 currencies recognized as legal tender in United Nations (UN) member states, UN General Assembly non-member observer states, partially recognized or unrecognized states, and their dependencies.[citation needed] However, excluding the pegged (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to a currency basket. Dependencies and unrecognized states are listed here only if another currency is used on their territory that is different from the one of the state that administers them or has jurisdiction over them.
Criteria for inclusion
A currency is a kind of money and medium of exchange. Currency includes paper, cotton, or polymer banknotes and metal coins. States generally have a monopoly on the issuing of currency, although some states share currencies with other states. For the purposes of this list, only currencies that are legal tender, including those used in actual commerce or issued for commemorative purposes, are considered "circulating currencies". This includes fractional units that have no physical form but are recognized by the issuing state, such as the United States mill,[A] the Egyptian millieme,[B] and the Japanese rin.[C] Currencies used by non-state entities, like the Sovereign Military Order of Malta, scrips used by private entities, and other private, virtual, and alternative currencies are not under the purview of this list.
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U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency globally.
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Euro, the currency used by the most of countries and territories, the second-largest reserve currency and the second-most traded currency.
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Some currencies, such as the Abkhazian apsar, are not used in day-to-day commerce, but are legal tender in their issuing jurisdiction.
List of circulating currencies by state or territory
Colour key and notes |
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Indicates that a given currency is pegged to another currency (details)
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Italics indicates a state or territory with a low level of international recognition |