Definition: Any kind of money that is in circulation in an economy.

Most commonly, the word currency can refer to any form of money that used in circulation throughout the public.


In this day and age, currency usually contains both coins (hard money) and paper (soft money).

Coin currency in a scale
The look of currencies varies from country to country, but are usually paper and coins

Other definitions of currency

As well as referring to any kind of money that is in circulation within an economy, currency can also mean:
  • The money that is used officially within a certain country, e.g. The United States' currency is US Dollars.
  • Anything that is used as a form of exchange, i.e. bank notes, cheques, promissory notes, or otherwise.
  • The amount of time that must pass before a bill of exchange reaches maturity.

Currency in E-conomic

E-conomic currently supports more than 50 currencies and exchange rates from around the world.

Learn more about E-conomic's muticurrency features here or find out how to set your base currency in our E-copedia.
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Currency in E-conomic

E-conomic currently supports more than 50 currencies and exchange rates from around the world.

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