Currency

Currency is one of the essential things for us. We can not think our modern life without currency. Money is the other name of currency.

We can not able to do anything without currency. If we want to buy something we need money to buy this. Without money we can not able to do single things. All things available in this world are traded by money. Money is very essential for us. But the history of currency is old. When money is published is not accurately said. But it is believe that Currency was published before 1500 years. At this time metals are used as currency. Then gold coins, silver coins used as money. After that paper money was used as money. In china first paper money was published. In 618 the first paper money was used as money for trading. Now those days are gone. Now-a-days banknote also used as money for trading. Every country has a central bank. Central bank has the priority to published currency. Every year Central bank published notes, coins. But money is not same in all country. There is a lot of country in this world. Each country has own money that means the money of one country is not same to another country. There are a lot of money name available in this world such as United States dollar, United Kingdom pound, European euro, Australian Dollar, Canadian Dollar, New Zealand Dollar, Hong Kong Dollar, Japanese Yen, Chinese Yuan, Filipino peso, Argentine peso, Bahamian Dollar, Fiji Dollar, Swedish Krona, Swiss Frank, South African Rand, South Korean won, Indian Rupee, Saudi Real, United Arab Emirates Dirham, Kuwaiti Dinar, Libyan Dinar, Lebanese Pound, Mexican Peso, Omani Rial, Myanmar Kiat, Turkish Lira, Thai Bath, Russian Ruble, Qatari Real, Gambian Dalasi, Yemeni Rial, Zimbabwe Dollar etc. Currency is also known as from the three characters such as United States dollar also known as USD, England pound as GBP, Euro as EUR, Japanese Yen as JPY, and Canadian Dollar as CAD etc. The convert rate of the money is not same means 1 EUR = 1.34 USD, 1 USD = 77 JPY etc. There is also a lot of local money available in different country. United states dollar are accepts in many countries beside their own money. One can easily able to trade Euro in almost all of European Country.

The importance of currency can not be described in word. Currency is very useful to make our life modern. In fact modern life can not be possible without currency.

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