Information about Iso 4217
An airline ticket showing the price in the ISO 4217 code EUR and not the currency sign €. (bottom left of ticket)
ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). The ISO 4217 code list is the established norm in banking and business all over the world for defining different currencies, and in many countries the codes for the more common currencies are so well known publicly, that exchange rates published in newspapers or posted in banks use only these to define the different currencies, instead of translated currency names or ambiguous currency symbols. ISO 4217 codes are used on airline tickets and international train tickets to remove any ambiguity about the price.
The first two letters of the code are the two letters of ISO 3166-1 alpha-2 country codes (which are similar to those used for national top-level domains on the Internet) and the third is usually the initial of the currency itself. So Japan's currency code becomes JPY—JP for Japan and Y for yen. This eliminates the problem caused by the names dollar, franc and pound being used in dozens of different countries, each having significantly differing values. Also, if a currency is revalued, the currency code's last letter is changed to distinguish it from the old currency. In some cases, the third letter is the initial for "new" in that country's language, to distinguish it from an older currency that was revalued; the code often long outlasts the usage of the term "new" itself. Examples of this include the Mexican peso (MXN) and the Turkish lira (TRY). Other changes can be seen, however; the Russian ruble, for example, changed from RUR to RUB, where the B comes from the third letter in the word "ruble".
There is also a three-digit code number assigned to each currency, in the same manner as there is also a three-digit code number assigned to each country as part of ISO 3166. This numeric code is usually the same as the ISO 3166 numeric code. For example, USD (US Dollar) has code 840 which is also the numeric code for US (United States).
The standard also defines the relationship between the major currency unit and any minor currency unit. Often, the minor currency unit has a value that is 1/100 of the major unit, but 1/10 or 1/1000 are also common. Some currencies do not have any minor currency unit at all. In others, the major currency unit has so little value that the minor unit is no longer generally used (e.g. the Japanese sen, 1/100th of a yen). Mauritania does not use a decimal division of units, setting 1 ouguiya (UM) = 5 khoums, and Madagascar has 1 ariary = 5 iraimbilanja. This is indicated in the standard by the currency exponent. For example USD has exponent 2, while JPY has exponent 0.
ISO 4217 includes codes not only for currencies, but also for precious metals (gold, silver, palladium and platinum; by definition expressed per one troy ounce, as compared to "1 USD") and certain other entities used in international finance, e.g. Special Drawing Rights. There are also special codes allocated for testing purposes (XTS), and to indicate no currency transactions (XXX). These codes all begin with the letter "X". The precious metals use "X" plus the metal's chemical symbol; silver, for example, is XAG. ISO 3166 never assigns country codes beginning with "X" while these codes are assigned for privately customized use only (reserved, never for official codes), so ISO 4217 can use "X" codes for non-country-specific currencies without risk of clashing with future country codes.
Supranational currencies, such as the East Caribbean dollar, the CFP franc, the CFA franc BEAC and the CFA franc BCEAO are normally also represented by codes beginning with an "X". The euro is represented by the code EUR (EU is included in the ISO 3166-1 reserved codes list to represent the European Union). The predecessor to the Euro, the European Currency Unit, had the code XEU.
History
In 1973, the ISO Technical Committee 68 decided to develop codes for the representation of currencies and funds for use in any application of trade, commerce or banking. At the 17th session (February 1978) of the related UN/ECE Group of Experts agreed that the three letter alphabetic codes for International Standard ISO 4217, "Codes for the representation of currencies and funds", would be suitable for use in international trade.Over time, new currencies are created and old currencies are discontinued. Frequently, these changes are due to new governments (through war or a new constitution), treaties between countries standardizing on a currency, or revaluation of the currency due to excessive inflation. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency (MA), the British Standards Institution, is responsible for maintaining the list of codes.
Active codes
The following is a list of active codes of official ISO 4217 currency names.Without currency code
A number of territories are not included in ISO 4217, because their currencies are not per se an independent currency, but a variant of another currency. These currencies are:- Faroese króna (1:1 pegged to the Danish krone)
- Guernsey pound (1:1 pegged to the pound sterling)
- Jersey pound (1:1 pegged to the pound sterling)
- Isle of Man pound (1:1 pegged to the pound sterling)
- Tuvaluan dollar (1:1 pegged to the Australian dollar).
- Cook Islands dollar (1:1 pegged to the New Zealand dollar).
The following non-ISO codes are, however, sometimes used commercially:[2]
| Guernsey pound | GGP | ||
| Jersey pound | JEP | ||
| Isle of Man pound | IMP | ||
| Tuvalu dollar | TVD |
Obsolete currency codes
A number of currencies were official ISO 4217 currency codes and currency names until their replacement by the euro.Note that the currency names used below may not match the currency names used in the ISO standard itself, but the codes do match.
| Code | Num | Currency | Replaced by |
|---|---|---|---|
| Replaced by the euro | |||
| ADP | 020 | Andorran Peseta (1:1 peg to the Spanish Peseta) | EUR |
| ADF | ... | Andorran Franc (1:1 peg to the french franc) | EUR |
| ATS | 040 | Austrian Schilling | EUR |
| BEF | 056 | Belgian Franc (currency union with LUF) | EUR |
| DEM | 276 | Deutsche Mark | EUR |
| ESP | 724 | Spanish Peseta | EUR |
| FIM | 246 | Finnish Markka | EUR |
| FRF | 250 | French Franc | EUR |
| GRD | 300 | Greek Drachma | EUR |
| IEP | 372 | Irish Pound (Punt in Irish language) | EUR |
| ITL | 380 | Italian Lira | EUR |
| LUF | 442 | Luxembourg Franc (currency union with BEF) | EUR |
| MCF | ... | Monegasque Franc (currency union with FRF) | EUR |
| NLG | 528 | Netherlands Guilder | EUR |
| PTE | 620 | Portuguese Escudo | EUR |
| SML | ... | San Marinese lira (currency union with ITL and VAL) | EUR |
| SIT | 705 | Slovenian Tolar | EUR |
| VAL | ... | Vatican Lira (currency union with ITL amd SML) | EUR |
| XEU | 954 | European Currency Unit (1 XEU = 1 EUR) | EUR |
| Replaced for other reasons | |||
| AFA | 004 | Afghani | AFN |
| ALK | ... | Albanian old lek | ALL |
| AON | 024 | Angolan New Kwanza | AOR |
| AOR | 982 | Angolan Kwanza Readjustado | AOA |
| ARM | ... | Argentine peso moneda nacional | ARL |
| ARL | ... | Argentine peso ley | ARP |
| ARP | ... | Peso argentino | ARA |
| ARA | ... | Argentine austral | ARS |
| AZM | 031 | Azerbaijani manat | AZN |
| BEC | 993 | Belgian Franc (convertible) | |
| BEL | 992 | Belgian Franc (financial) | |
| BGJ | ... | Bulgarian lev A/52 | BGK |
| BGK | ... | Bulgarian lev A/62 | BGL |
| BGL | 100 | Bulgarian lev A/99 | BGN |
| BOP | ... | Bolivian peso | BOB |
| BRB | ... | Brazilian cruzeiro | BRL |
| BRC | ... | Brazilian cruzado | BRL |
| CFP | ... | Change Franc Pacifique | XFP |
| CNX | ... | Chinese People's Bank dollar | CNY |
| CSD | 891 | Serbian Dinar | RSD |
| CSJ | ... | Czechoslovak koruna A/53 | CSK |
| CSK | 200 | Czechoslovak koruna | CZK and SKK |
| DDM | 278 | East German Mark of the GDR (East Germany) | DEM |
| ECS | 218 | Ecuador sucre | USD |
| ECV | 983 | Ecuador Unidad de Valor Constante (Funds code) (discontinued) | |
| EQE | ... | Equatorial Guinean ekwele | XAF |
| ESA | 996 | Spanish peseta (account A) | ESP |
| ESB | 995 | Spanish peseta (account B) | ESP |
| GNE | ... | Guinean syli | XOF |
| GHC | ... | Ghanaian cedi | GHS |
| GWP | 624 | Guinea peso | XOF |
| ILP | ... | Israeli lira | ILR |
| ILR | ... | Israeli old sheqel | ILS |
| ISJ | ... | Icelandic old krona | ISK |
| LAJ | ... | Lao kip | LAK |
| MAF | ... | Mali franc | XOF |
| MGF | 450 | Malagasy franc | MGA |
| MKN | ... | Former Yugoslav Republic of Macedonia denar A/93 | MKD |
| MVQ | ... | Maldive rupee | MVR |
| MXP | ... | Mexican peso | MXN |
| MZM | 508 | Mozambican metical | MZN |
| PEH | ... | Peruvian sol | PEI |
| PEI | ... | Peruvian inti | PEN |
| PLZ | 616 | Polish zloty A/94 | PLN |
| ROK | ... | Romanian leu A/52 | ROL |
| ROL | 642 | Romanian leu A/05 | RON |
| RUR | 810 | Russian rubleA/97 | RUB |
| SDD | 736 | Sudanese Dinar | SDG |
| SRG | 740 | Suriname guilder | SRD |
| SUR | ... | Soviet Union ruble | RUB |
| SVC | 222 | Salvadoran colón | USD |
| TJR | 762 | Tajikistan ruble | TJS |
| TPE | 626 | Portuguese Timorese escudo | IDR |
| TRL | 792 | Turkish lira A/05 | TRY |
| UAK | 804 | Ukrainian karbovanets | UAH |
| UGS | ... | Ugandan shilling A/87 | UGX |
| UYN | ... | Uruguay old peso | UYU |
| VNC | ... | Vietnamese old dong | VND |
| YDD | 720 | South Yemeni dinar | YER |
| YUD | ... | New Yugoslav Dinar | CSD |
| YUM | 891 | Yugoslav dinar | CSD |
| ZAL | 991 | South African financial rand (Funds code) (discontinued) | |
| ZRN | 180 | Zaïrean New Zaïre | CDF |
| ZRZ | ... | Zaïrean Zaïre | ZRN |
| ZWC | ... | Zimbabwe Rhodesian dollar | ZWD |
See also
- List of circulating currencies
- Currency
- Tables of historical exchange rates
- List of international trade topics
- SWIFT and SWIFT code
References
1. ^ Number of digits after the decimal point.
2. ^ Lloyds TSB Corporate Markets – Countries' currencies and codes
2. ^ Lloyds TSB Corporate Markets – Countries' currencies and codes
External links
- The official list of ISO-4217 alphabetic and numeric codes
- ISO 4217 Maintenance Agency
- An older list of ISO-4217 alphabetic codes that contains some history of ISO-4217 (PDF file)
- Another list of numeric and alphabetic ISO 4217 currency codes
Currency conversion
- XE.com
- Calculator for Currency Rate Exchange
- Travelex Country and Currency Guide
- Yahoo Currency Converter, also showing historical values
The term International Standard may refer to
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currency is a unit of exchange, facilitating the transfer of goods and/or services. It is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a standard of value. A currency is the dominant medium of exchange.
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International Organization for Standardization (Organisation internationale de normalisation), widely known as ISO, is an international standard-setting body composed of representatives from various national standards organizations.
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In finance, the exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other.
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bank is a commercial or state institution that provides financial services , including issuing money in various forms, receiving deposits of money, lending money and processing transactions and the creating of credit.
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A currency sign is a graphic symbol often used as a shorthand for a currency's name. Internationally, ISO 4217 codes are used instead of currency signs, though currency signs may be in common use in their respective countries.
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An Airline ticket generally refers to a document created by an airline or a travel agent to confirm that an individual has purchased a seat on an airplane. This document is then used to obtain a boarding pass at the airport.
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ISO 3166-1 alpha-2 codes are two-letter country codes in the ISO 3166-1 standard to represent countries and dependent territories. They are published by the International Organization for Standardization (ISO) as part of its ISO 3166 standard.
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Country codes are short alphabetic or numeric geographical codes (geocodes) developed to represent countries and dependent areas, for use in data processing and communications. Several different systems have been developed to do this. The most famous of these is ISO 3166-1.
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Japanese yen
日本円 (Japanese)
¥10000 engraved by Edoardo Chiossone Circulated coins in all 6 denominations
ISO 4217 Code JPY
User(s) Japan
Inflation 0.
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日本円 (Japanese)
¥10000 engraved by Edoardo Chiossone Circulated coins in all 6 denominations
ISO 4217 Code JPY
User(s) Japan
Inflation 0.
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dollar (often represented by the dollar sign: "$") is the name of the official currency in several countries, dependencies and other regions.
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The franc is the name of several currency units, most notably the French franc, the currency of France until it adopted the euro in 2002; and the Swiss franc, still a major world currency today due to the prominence of Swiss financial institutions.
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The pound, a unit of currency, originated in Great Britain as the value of a pound mass of silver. For a long time a pound's worth of silver coins were a troy pound in mass.
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Mexican peso
peso mexicano (Spanish)
$1000 Mexican Coins in circulation
ISO 4217 Code MXN
User(s) Mexico
Inflation 3.
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peso mexicano (Spanish)
$1000 Mexican Coins in circulation
ISO 4217 Code MXN
User(s) Mexico
Inflation 3.
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Turkish new lira
Yeni Türk Lirası (Turkish)
New lira banknotes and coins
ISO 4217 Code TRY
User(s) Turkey and the self-proclaimed Turkish Republic of Northern Cyprus
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Yeni Türk Lirası (Turkish)
New lira banknotes and coins
ISO 4217 Code TRY
User(s) Turkey and the self-proclaimed Turkish Republic of Northern Cyprus
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Russian ruble
российский рубль (Russian)[1]
5000 rubles 1 ruble
ISO 4217 Code RUB
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российский рубль (Russian)[1]
5000 rubles 1 ruble
ISO 4217 Code RUB
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ISO 3166 is a three-part geographic coding standard for coding the names of countries and dependent areas, and the principal subdivisions thereof, published by the International Organization for Standardization (ISO).
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United States dollar
dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano
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dólar estadounidense (Spanish)
dólar amerikanu (Tetum)
dólar americano
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Motto
شرف إخاء عدل (Arabic)
"Honneur, Fraternité, Justice" (French)
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شرف إخاء عدل (Arabic)
"Honneur, Fraternité, Justice" (French)
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Mauritanian ouguiya
أوقية موريتانية (Arabic)
Obverse of 1 oughiya Reverse of 1 oughiya
ISO 4217 Code
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أوقية موريتانية (Arabic)
Obverse of 1 oughiya Reverse of 1 oughiya
ISO 4217 Code
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The khoums (Arabic خمس, "fifth") is the subdivisory unit of the Mauritanian Ouguiya. Five khoums make an ouguiya, hence one khoums can be expressed as MRO/0.2; two as 0.4, four khoums as 0.8, etc. However, due to the khoums's extremely small value (about 0.
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Motto
Tanindrazana, Fahafahana, Fandrosoana (Malagasy)
Patrie, liberté, progrès (French)
"Ancestral-land, Liberty, Progress"
Anthem
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Tanindrazana, Fahafahana, Fandrosoana (Malagasy)
Patrie, liberté, progrès (French)
"Ancestral-land, Liberty, Progress"
Anthem
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Malagasy ariary
ariary malgache (French)
ISO 4217 Code MGA
User(s) Madagascar
Inflation 12%
Source [https://www.cia.gov/library/publications/the-world-factbook/fields/2092.
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ariary malgache (French)
ISO 4217 Code MGA
User(s) Madagascar
Inflation 12%
Source [https://www.cia.gov/library/publications/the-world-factbook/fields/2092.
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The iraimbilanja (singular and plural) is the divisory currency unit of Madagascar, being equal to one fifth of an ariary. The old Malagasy franc is equal in value to one iraimbilanja. As of early 2005 the value of one iraimbilanja is about 0.0001093 US dollars.
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GOLD refers to one of the following:
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