Recently, while doing foreign exchange trading, I realized that the currency symbols used by so many countries around the world vary so much. The US dollar symbol is just $, but did you know that over 30 countries worldwide also use $ as their currency symbol? This can easily cause confusion. For example, the US dollar is US$, the Canadian dollar is C$, Hong Kong dollar is HK$, Australian dollar is A$, which look similar but represent completely different currencies.



Another interesting point is the ¥ symbol, which represents the Chinese Renminbi in China, but in Japan, it is the Yen. So, for precise expression, it's best to write CNY¥ or JPY¥ to distinguish. The euro symbol € , the British pound symbol £ , and the Japanese Yen symbol ¥ are relatively familiar to us, but symbols like Thai Baht ฿, Indian Rupee ₹, and South Korean Won ₩ are easy to overlook. The US dollar symbol is simple, but in international transactions, it's essential to specify which country's dollar it is.

There are some tips for keyboard shortcuts to input these symbols. The euro € on Mac is Shift+Option+2, on Windows it's Alt+E; the British pound £ on Mac is Option+3, on Windows it's Alt+L. The dollar $ is much simpler; both Mac and Windows use Shift+4. If you frequently do forex trading or international payments, learning these shortcuts can save a lot of time.

Another easily confused aspect is the notation like EUR/USD, GBP/JPY seen in the forex market. The first is the base currency, and the second is the quote currency, representing the exchange rate between the two currencies. The plain dollar symbol only indicates a currency, but currency pairs are what are actually traded and analyzed for exchange rate fluctuations.
US14.54%
EURUSD20-0.16%
GBPJPY0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned