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If a contract between parties from different countries refers to a currency that uses the dollar sign, using a currency code or a suitably modified currency sign, such as A$ for Australian dollars and Mex$ for Mexican pesos, would make it clear which currency is being referred to.

For US dollars, the symbol '$' is sufficient abbreviation, unless there is a mixture of dollar currencies in the text. For other dollar currencies, '$' should be prefixed with the country abbreviation. For all other currencies, write the figure first followed by the currency name, for example, '100 million yuan'.

The main uses of money are as a medium of exchange, a unit of account, and a store of value. The four types of money are fiat money, commodity money, fiduciary money, and commercial bank money. An example of currency is the U.S. Dollar and the Euro used among the 19 countries of the Eurozone.

Currency is a medium of exchange for goods and services. In short, it's money, in the form of paper and coins, usually issued by a government and generally accepted at its face value as a method of payment.

List of currency symbols of various countries CountryCurrency NameCurrency SymbolUnited StatesUnited States Dollar$European UnionEuro?United KingdomBritish Pound£JapanJapanese Yen¥30 more rows ? 26-May-2023

To strengthen the exchange rate, the central bank simply raises its policy interest rate. As investors in search of higher returns increase their demand for the currency, the exchange rate appreciates. By lowering interest rates, the central bank can weaken the exchange rate.

Currency describes the money or official means of payment in a country or region. The best-known currencies include the U.S. dollar, euro, Japanese yen, British pound and Swiss franc.