Currency is a form of money used in a specific country or region. It is the official currency used for commercial transactions, exchanges, and payments.
Each country has its own currency, such as:
- The US dollar
- The euro
- The Japanese yen
- The British pound.
Currencies facilitate international trade and allow for the comparison of the value of different currencies. Additionally, exchange rates determine the relative value of a currency compared to another, which can affect the prices of goods, services, and travel between countries.
