ISO 4217
ISO 4217 is an international standard describing three letter codes to define the names of currencies established by the International Organization for Standardization, ISO. The first two letters of the code are the 2 letters of ISO 3166-1 alpha-2 country codes.
This eliminates the problem caused by the names Dollar, Franc and Pound being used in dozens of different countries, all with wildly differing values. The standard also defines the relationship between the Major currency unit and any Minor currency unit. Often, the Minor currency unit has a value that is 1/100 of the Major unit, but 1/10 or 1/1000 are also common. Some currencies do not have any Minor currency unit at all. Mauritania does not use a decimal division of units, here 1 ouguiya (UM) = 5 khoums.
ISO 4217 includes codes for not only currencies, but also codes for precious metals (gold, silver, palladium and platinum; normally measured in troy ounces) and certain other entities used in international finance, e.g. Special Drawing Rights. There are also special codes allocated for testing purposes (XTS), and to indicate no currency transactions (XXX). These codes all begin with the letter "X".
Supranational currencies, such as the East Caribbean dollar, the CFP franc, the CFA franc BEAC and the CFA franc BCEAO are normally also represented by codes beginning with an "X". However, the Euro is represented by the code EUR; although EU is not an ISO 3166-1 country code, it was used anyway, and in order to do so EU was added to the ISO 3166-1 reserved codes list to represent the European Union. The predecessor to the Euro, the European Currency Unit, had the code XEU.
Over time, new currencies are created and old currencies are discontinued. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency (MA), the British Standards Institution, is responsible for maintaining the list of codes.
Active codes
Obsolete Currency Codes
- ADP Andorran Peseta (Euro)
- AON Angolan New Kwanza (replaced by AOA)
- AOR Angolan Kwanza Readjustado (replaced by AOA)
- ATS Austrian Schilling (Euro)
- BEC Belgian Franc (convertible)
- BEF Belgian Franc (Euro)
- BEL Belgian Franc (financial)
- BGL Bulgarian Lev (before 1999-07-05)
- CSK Czechoslovakia Koruna
- DDM Mark der DDR (East Germany)
- DEM Deutsche Mark (Euro)
- ECS Ecuador Sucre (replaced by USD)
- ECV Ecuador Unidad de Valor Constante (Funds code) (discontinued)
- ESA Spanish Peseta (account A)
- ESB Spanish Peseta (account B)
- ESP Spanish Peseta (Euro)
- FIM Finnish Markka (Euro)
- FRF French Franc (Euro)
- GRD Greek Drachma (Euro)
- IEP Irish Pound (Euro)
- ITL Italian Lira (Euro)
- LUF Luxembourg Franc (Euro)
- MXP Mexican Peso (replaced by MXN)
- NLG Netherlands Guilder (Euro)
- PLZ Polish Zloty (replaced by PLN)
- PTE Portuguese Escudo (Euro)
- SUR Soviet Union Rouble
- XEU European Currency Unit (replaced by EUR)
- YUD New Yugoslavian Dinar (replaced by YUM)
- YUM Yugoslavian Dinar (Serbian dinar - CSD)
- ZAL South African financial rand (Funds code) (discontinued)
- ZRN New Zaire (replaced by CDF)
- ZRZ Zaire (replaced by ZRN, then by CDF)
See also
External links
- To look up both numeric and alphabetic ISO 4217 currency codes, see http://fx.sauder.ubc.ca/currency_table.html.
- [1] – ISO 4217 Maintenance Authority at the British Standards Institute – includes list of currency codes (not up-to-date).
- To convert between different currencies, see http://www.xe.com/ucc/ or http://www.oanda.com/convert/classic
Referenced By
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