ISO 4217

ISO 4217 is published by the International Organization for Standardization standard for currency abbreviations to be used in international payments for unique identification.

System

Alphabetical codes

The abbreviations include three letters. The first two are usually the country code according to ISO 3166-1 Alpha -2 (eg AU for Australia), the last letter is usually the first letter of the currency name, such as D for dollar. Together, this results in AUD as standardized abbreviation for the Australian Dollar.

Currencies which are not issued by a State, have as first letter X; The following two letters indicate the name of the currency. This is both the most monetary unions of the case (eg, the East Caribbean dollar (XCD ) ), as well as the IMF's Special Drawing Rights ( XDR ).

Of these rules is waived in the following cases:

  • If a country introduces a new currency (eg after a currency reform), the first letter is already occupied. Thus, for example, the "new " Bulgarian lev BGN currency code, to distinguish it from the old Lew with the abbreviation BGL, or even the new Russian Rouble RUB in contrast to the old rubles rubles.
  • For the euro was used contrary to the scheme of all previously award code EUR, which is shorthand for the European Union, EU, stands in the place of the usual ISO -3166 - shortcut.

Also for non- monetary store of value and transaction means there are encodings. So an ounce of gold ( = 31.1034768 grams ), for example with abbreviated XAU (composed of X and the chemical symbol for gold: Au), silver accordance with XAG. Transactions where no currency is used are marked with XXX.

Numeric Codes

In addition to the character encoding three digit codes are used. The number ranges mean

  • 002-898 regular currencies of individual countries; this is equal to the encoding of the issuing State in accordance with ISO 3166-1. Odd codes indicate later formed States.
  • 900-998 bonus funds and introduced after 1981, currencies of individual states when multiple methods of payment are the same.

To some extent, retain the existing numerical coding when changing the currency and the letter codes, especially if only the name of the cash has changed.

  • Burma Kyat ( BUK ) and Myanmar Kyats (MMK ) did not change the code 104.
  • Soviet ( SUR ) and Russian ( RUR) rubles both had the code 810, the New Russian ruble (RUB ), however, 643

Even if a direct currency conversion takes place, usually the numerical code remains unchanged.

  • Peruvian Nuevo Sol (PES) and Nuevo Sol (PEN ) did not change the code 604.

These codes are not always unique to a particular currency of the country concerned, therefore, without knowledge of the time, how is that possible with the letter codes. However, they are designed for specific financial transactions, so that the specification actually only means in several ways: "In the prevailing on the value date of the national currency ."

Currently valid currencies

= 100 Fen

As well as Andorra, Kosovo, Monaco, Montenegro, San Marino, Vatican City

= 100 sen

= 100 Hallalas

Other units

Earlier currencies

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