hard currency

Coins and bills

Hard currency is money from a country with a stable economy and strong international standing—dollars, euros, yen.

It holds its value and converts easily, unlike soft currencies prone to inflation or devaluation.

In times of crisis, people seek hard currency as a store of value: The black market trades only in hard currency.

forms

dollar

Basic U.S. currency unit

  • euroShared continental currency
  • yenPersistent strong craving
  • poundWeight, strike, or kennel

Swiss franc · gold · bullion · banknotes · coins · foreign exchange · forex · legal tender

stability

stable

Secure and unchanging

reliable · backed · solvent · creditworthy · pegged · appreciating · store of value · benchmark

liquidity

convertible

Car with folding roof

accessible · spendable · transferable · negotiable · circulating · fungible · redeemable · cashable

Categories
Opposites
stability and reliability

hard currencysoft currency

Unreliable medium of exchange

funny money · fiat money · play money · fiat currency

physical versus digital form

hard currencycryptocurrency

Encrypted decentralized money

virtual currency · Bitcoin · crypto · digital currency · electronic money

Family

hard, harden, currency, hardship, hardware, hardness, hardened, harder, hardcore

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Concrete · Rated G