2 thoughts on “Excuse me: Eur, JPY, CHF, Gbp, Aud, CAD, NZD Which country does it represent?”

  1. Eur = euro, jpy = yen, CHF = Swiss franc, GBP = English pound, AUD = Australian dollar, CAD = central bank currency, NZD = New Zealand dollar.
    : Money is the product of commodity exchange. It is a product that is a general equivalent of equivalent objects separated from the commodity world in the process of commodity exchange. Commonly known as money. Currency (Currency, CCY) is a tool for measured prices, the medium of buying goods, and the means of preserving wealth. It is a contract for the owner of the property and the market for exchange rights. It is essentially an agreement between the owner. Including currency, bank vouchers, etc. in circulation.
    : Regarding the nature of currency, there are still a lot of arguments in the academic community. The concept of currency in economics is diverse. It was originally defined under the function of currency. Later, it was formed by the definition of currency as an economic variable or policy variable. Professional terms were currency, and it mainly refers to "currency in circulation".
    three: Currency, in terms of its essence, is a contract about the right to exchange rights. Different forms of currency are essentially unified. In the past, because people couldn't understand the essence of currency, currency was divided into different categories from different perspectives, such as: according to the value of the currency, it is divided into two categories: debt currency and non -debt currency. The exchange ratio is divided into exchanged currency and non -exchanged currency.
    : In terms of form, according to the value of the currency, the value of the currency can be divided into physical currency and formal currency. The physical currency itself is a special product, including value, such as sheep, precious metals, etc. The value is agreed in the contract, only the contract value. The two forms are different, but they are essentially uniform, that is, they are agreed to be exchanged medium, and both have contract value.
    : Generally, each country only uses the only currency and is issued and controlled by the central bank. However, there are exceptions, that is, multiple countries can use the same currency. For example, the euro universal in EU countries, the francs in West Africa's economic community, and the Latin currency alliance in the 19th century. Equal money. A country can choose the currency of other countries as the legal circulation currency.
    : Because the currency belongs to the product, he has the same value and exchange value as all products. When in different forms of value movement, the role of currency is different: value scale, circulation means, payment methods, storage methods, and world currencies. Among them, value scale and circulation means are the basic functions of currency. The other three functions are derived functions formed on the basis of the two.

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