world currency
International exchange medium
A world currency is a monetary unit accepted for transactions across international borders, functioning as a common medium of exchange in global trade.
The US dollar has served as the dominant world currency since World War II, used for pricing commodities like oil and held in foreign reserves: Some economists advocate for a true world currency to replace the dollar's dominance.
- euroShared continental currency
- dollarBasic U.S. currency unit
- wonAchieved a triumph
- yenPersistent strong craving
- rupeeIndian monetary unit
Bretton Woods system · ducat · banknote · legal tender · denarius · exchange · gold standard · monetary union · foreign exchange market · global economy · international trade · pound sterling · convertibility · numismatics · cryptocurrency · central bank · money supply · stablecoin
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