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What is the difference between currency and money?
Currency refers to the physical form of money, such as coins and banknotes, that is used as a medium of exchange in an economy. Money, on the other hand, is a broader concept that includes not only currency but also other forms of assets that can be used to make transactions, such as checks, electronic transfers, and even commodities like gold. In essence, currency is a type of money, but money encompasses a wider range of financial instruments.
What do you mean by currency in circulation?
Currency in circulation is reffering to the money being used currently. The money you give to and get from anywhere is "circulated" currency
What is artificial currency?
Artificial currency is a type of currency that can be used as a substitute for any form of money that is in public circultaion.
What is the type of money used by a country called?
The type of money used by a country is its legal currency.
What is the currency used in imvu.com called?
if u know currency mean money so what is the money called on imvucredits Sabreen saeed
What is the currency money used in haiti?
The name of the currency used in Haiti is "gourde'
Where do the money if it is not being used?
When a currency is no longer being used that money (most of it) is melted and used again to produce new currency
What kind of mercury is used to make Cameroon paper money?
Cameroon's paper money typically contains traces of mercury as an anti-counterfeiting measure. However, the exact type of mercury used is not publicly disclosed due to security reasons.
What is the difference between currency and money?
Currency refers to the physical form of money, such as coins and banknotes, that is used as a medium of exchange in an economy. Money, on the other hand, is a broader concept that includes not only currency but also other forms of assets that can be used to make transactions, such as checks, electronic transfers, and even commodities like gold. In essence, currency is a type of money, but money encompasses a wider range of financial instruments.
What do you mean by currency in circulation?
Currency in circulation is reffering to the money being used currently. The money you give to and get from anywhere is "circulated" currency
Which money is used in Cambodia?
Currency is the Riel
What are coins and paper bills called when used as money?
Coins and paper bills used as money are called currency.
What is the exchange that is done with foreign money?
A wide variety of foreign money is exchanged. It really depends on what currency is being used, and how much of that currency is being used, and the value of that particular currency.
What was used by the people of Sparta as money?
currency
Was used as money by the people of Sparta?
currency
What is the currency money used in México?
it is pasos
What kind of money is used in Egypt?
Egyptian Pound are used in Egypt as money currency.
