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This is a list of alternative names for currency. A currency refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. [1] [2] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. [3]
There are names for numbers larger than crore, but they are less commonly used. These include arab (100 crore , 1 billion), kharab (100 arab , 100 billion), nil or sometimes transliterated as neel (100 kharab, 10 trillion), padma (100 nil, 1 quadrillion), shankh (100 padma, 100 quadrillion), and mahashankh (100 shankh, 10 quintillion).
Most traded currencies by value Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 code ... Australian dollar: AUD $, A$ 6.8%: 6.4%:
Indian value Value Equivalent western notation One 1 One Ten 10 Ten Hundred 100 Hundred Thousand 1,000 Thousand Lakh 1,00,000 One hundred thousand Crore 1,00,00,000 Ten million Arab (not normally used) 1,00,00,00,000 One short billion (one thousand million) Kharab (not normally used) 1,00,00,00,00,000 One hundred short billion Lakh crore
The term billion originally meant 10 12 when introduced. [7] In long scale countries, milliard was defined to its current value of 10 9, leaving billion at its original 10 12 value and so on for the larger numbers. [7] Some of these countries, but not all, introduced new words billiard, trilliard, etc. as intermediate terms.
The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso".
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
The term milliard could also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, [6] variations on this name often appear in other languages. In the Indian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000. Visualization of powers of ten from one to 1 billion