Why Learn Currency Symbols? Starting from Trading Practice
When trading in the foreign exchange market, quickly recognizing currency symbols directly impacts operational efficiency. Instead of writing out “40 USD” or “100 RMB” each time, using symbols (like $40, ¥100) can save a significant amount of time, making market tracking and trading records clearer and more intuitive.
Especially for traders active in international financial markets, mastering mainstream currency symbols and their codes is equivalent to understanding a universal market language. For example, seeing EUR/USD, you need to immediately recognize that € represents Euro, $ represents US Dollar, and understand the exchange rate trend between them. Currency symbols are essentially a visual shorthand system that helps us quickly locate target assets amid complex market information.
Global Major Trading Currency Symbols Lookup Table
The table below summarizes commonly used currencies and their symbols in active forex and investment markets:
Region
Country
Currency Name
Code
Symbol
Americas
USA
US Dollar
USD
$
Canada
Canadian Dollar
CAD
$
Brazil
Brazilian Real
BRL
R$
Asia
China
Renminbi
CNY
¥/元
Taiwan
New Taiwan Dollar
TWD
NT$
Hong Kong
Hong Kong Dollar
HKD
$ / HK$
Japan
Japanese Yen
JPY
¥
Singapore
Singapore Dollar
SGD
$
South Korea
South Korean Won
KRW
₩
India
Indian Rupee
INR
₹
Indonesia
Indonesian Rupiah
IDR
Rp
Malaysia
Malaysian Ringgit
MYR
RM
Philippines
Philippine Peso
PHP
₱
Thailand
Thai Baht
THB
฿
Vietnam
Vietnamese Dong
VND
₫
Oceania
Australia
Australian Dollar
AUD
$
New Zealand
New Zealand Dollar
NZD
$
Europe
UK
British Pound
GBP
£
Europe
Euro
EUR
€
Russia
Russian Ruble
RUB
₽
Ukraine
Ukrainian Hryvnia
UAH
₴
Turkey
Turkish Lira
TRY
₺
Middle East & Africa
UAE
Emirati Dirham
AED
د.إ
Israel
Israeli Shekel
ILS
₪
Nigeria
Nigerian Naira
NGN
₦
Kenya
Kenyan Shilling
KES
Ksh
South Africa
South African Rand
ZAR
R
Quick Input of Common Currency Symbols | Mac and Windows Shortcuts
If you need to quickly input currency symbols in documents or trading platforms, the following shortcut combinations can improve your efficiency:
Currency
Code
Symbol
Mac Shortcut
Windows Shortcut
Euro
EUR
€
Shift + Option + 2
Alt + E
Pound Sterling
GBP
£
Option + 3
Alt + L
US Dollar
USD
$
Shift + 4
Shift + 4
Japanese Yen
JPY
¥
Option + Y
( Need special input method )
Mastering these shortcuts is especially important when you need to record or annotate prices quickly during real-time trading.
Be Careful Not to Confuse | Different Market Meanings of the Same Symbol
¥ Symbol’s Dual Identity
¥ is widely used in Asia, but in different countries, it represents completely different currencies:
China: ¥ stands for Renminbi (CNY)
Japan: ¥ stands for Japanese Yen (JPY)
To avoid confusion, the standard notation is to add the currency code before the symbol, e.g., CNY¥100 means “100 RMB,” while JPY¥100 means “100 Yen.” Using code + symbol combinations in international trading ensures information accuracy.
$ Symbol’s Global Usage
The $ symbol is the most widely used, representing currencies in over 30 countries and regions:
Currency
English Name
Standard Symbol
US Dollar
United States Dollar
US$
New Taiwan Dollar
New Taiwan Dollar
NT$
Canadian Dollar
Canadian Dollar
C$
Brazilian Real
Brazilian Real
R$
Hong Kong Dollar
Hong Kong Dollar
HK$
Singapore Dollar
Singapore Dollar
S$
Australian Dollar
Australian Dollar
A$
New Zealand Dollar
New Zealand Dollar
NZ$
When you see a plain “$,” you need to determine the specific currency based on context or currency code. In international documents or reports, using symbols with country codes (like US$, NT$) is more standard.
฿ Symbol’s Cross-Market Usage
฿ typically indicates Thai Baht (THB) in forex markets. However, in the crypto ecosystem, the same symbol often represents Bitcoin (BTC). This is an interesting case of symbol reuse, reminding us that the same symbol can carry completely different meanings in different markets, so attention is required when reading.
Actual Meaning of Currency Pairs in Forex
What Are Currency Pairs?
In the forex market, trading units are called “currency pairs,” representing the exchange rate between two currencies. For example, EUR/USD indicates Euro against US Dollar, GBP/JPY indicates British Pound against Japanese Yen. Traders buy or sell one currency to exchange for another, aiming to profit from exchange rate fluctuations.
Base Currency vs Quote Currency
Taking USD/GBP as an example:
USD (US Dollar) is the base currency — the standard unit of measurement
GBP (British Pound) is the quote currency — the reference for the exchange rate
Thus, USD/GBP = 0.73 means: 1 USD = 0.73 GBP. When trading, you buy the base currency and sell the quote currency, or vice versa. Understanding this structure is crucial for executing trades accurately.
Practical Advice
Mastering the currency symbol system not only helps you react faster when reading market quotes but also reduces communication errors in international trading. It is recommended to regularly review the codes and symbol combinations of commonly traded currencies. Also, developing the habit of using currency codes with country identifiers (like US$, CNY¥) in official records makes your documentation more professional and clear.
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Yen, $, €, and other currency symbols quick reference guide | Understand 30+ countries' currency codes at a glance
Why Learn Currency Symbols? Starting from Trading Practice
When trading in the foreign exchange market, quickly recognizing currency symbols directly impacts operational efficiency. Instead of writing out “40 USD” or “100 RMB” each time, using symbols (like $40, ¥100) can save a significant amount of time, making market tracking and trading records clearer and more intuitive.
Especially for traders active in international financial markets, mastering mainstream currency symbols and their codes is equivalent to understanding a universal market language. For example, seeing EUR/USD, you need to immediately recognize that € represents Euro, $ represents US Dollar, and understand the exchange rate trend between them. Currency symbols are essentially a visual shorthand system that helps us quickly locate target assets amid complex market information.
Global Major Trading Currency Symbols Lookup Table
The table below summarizes commonly used currencies and their symbols in active forex and investment markets:
Quick Input of Common Currency Symbols | Mac and Windows Shortcuts
If you need to quickly input currency symbols in documents or trading platforms, the following shortcut combinations can improve your efficiency:
Mastering these shortcuts is especially important when you need to record or annotate prices quickly during real-time trading.
Be Careful Not to Confuse | Different Market Meanings of the Same Symbol
¥ Symbol’s Dual Identity
¥ is widely used in Asia, but in different countries, it represents completely different currencies:
To avoid confusion, the standard notation is to add the currency code before the symbol, e.g., CNY¥100 means “100 RMB,” while JPY¥100 means “100 Yen.” Using code + symbol combinations in international trading ensures information accuracy.
$ Symbol’s Global Usage
The $ symbol is the most widely used, representing currencies in over 30 countries and regions:
When you see a plain “$,” you need to determine the specific currency based on context or currency code. In international documents or reports, using symbols with country codes (like US$, NT$) is more standard.
฿ Symbol’s Cross-Market Usage
฿ typically indicates Thai Baht (THB) in forex markets. However, in the crypto ecosystem, the same symbol often represents Bitcoin (BTC). This is an interesting case of symbol reuse, reminding us that the same symbol can carry completely different meanings in different markets, so attention is required when reading.
Actual Meaning of Currency Pairs in Forex
What Are Currency Pairs?
In the forex market, trading units are called “currency pairs,” representing the exchange rate between two currencies. For example, EUR/USD indicates Euro against US Dollar, GBP/JPY indicates British Pound against Japanese Yen. Traders buy or sell one currency to exchange for another, aiming to profit from exchange rate fluctuations.
Base Currency vs Quote Currency
Taking USD/GBP as an example:
Thus, USD/GBP = 0.73 means: 1 USD = 0.73 GBP. When trading, you buy the base currency and sell the quote currency, or vice versa. Understanding this structure is crucial for executing trades accurately.
Practical Advice
Mastering the currency symbol system not only helps you react faster when reading market quotes but also reduces communication errors in international trading. It is recommended to regularly review the codes and symbol combinations of commonly traded currencies. Also, developing the habit of using currency codes with country identifiers (like US$, CNY¥) in official records makes your documentation more professional and clear.