I just realized I’ve been mixing up currency symbols 🤦 Especially the RMB symbol—￥ represents different currencies in China and Japan. Japan uses yen, while China uses renminbi. No wonder I often get it wrong when looking at forex charts.

What’s especially interesting is the $ symbol. I thought it was only used for US dollars, but more than 30 countries use it. The US dollar is written as US$, the Taiwan dollar as NT$, the Canadian dollar as C$, and the RMB symbol also has standard notation like CNY￥. There are quite a lot of different currency symbols around the world—like the Thai baht ฿, the British pound £, and the euro €—and each one looks different.

If you often trade forex, recognizing these symbols is super important. For currency pairs like EUR/USD and GBP/JPY, the first one is the base currency, and the second is the quote currency. Being able to quickly identify the RMB symbol and other currencies can help you respond to market moves faster.

I also gathered some keyboard shortcuts—both Mac and Windows have them. The euro is Shift+option+2, the US dollar is Shift+4, and the British pound is Option+3. Next time you need to type the RMB symbol or other currencies, you won’t have to copy and paste.

Do you pay special attention to currency symbols when you trade? Or do you just look at the codes?