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Dollars and Sense: ISO's Standard for Currency Codes Has Been Revised

Scope now focuses purely on the methods for defining a code and not the codes themselves

ISO
Thu, 08/20/2015 - 12:19
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(ISO: Geneva) -- Pounds or sterling, dollars or bucks? Our globalized world would feel a lot less global if it we didn't have agreed codes for money. ISO's newly revised standard for currency codes has just been published, ensuring it is fit for the challenges of a fast changing, ever diminishing world.

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From trading on international stock exchanges to having some cash in your pocket when you're travelling, consistency in the use of currency codes is a vital ingredient in helping our world go around. ISO 4217 codes—such as USD for the US dollar and CHF for the Swiss franc—are essential for avoiding any confusion that can arise with translated currency names or unclear symbols, including on airline tickets and international train tickets.

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