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De facto currency information


A de facto currency is a unit of money that is not legal tender in a country but is treated as such by most of the populace. The United States dollar and the European Union euro are the most common de facto currencies.

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De facto currency

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A de facto currency is a unit of money that is not legal tender in a country but is treated as such by most of the populace. The United States dollar...

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United States dollar

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currency in international transactions, and a free-floating currency. It is also the official currency in several countries and the de facto currency...

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ISO 4217

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represent de facto currencies or currency instruments. The following non-ISO codes were used in the past. Minor units of currency (also known as currency subdivisions...

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Cambodian riel

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dollar, Cambodia's second de facto currency for commercial transactions. Popular belief suggests that the name of the currency comes from the Mekong river...

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Pound sterling

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been made legal tender on the islands, forming a sort of one-way de facto currency union. Internationally they are considered local issues of sterling...

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Currency substitution

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currency deposits held by domestic residents at home and abroad in their total monetary assets. Unofficial currency substitution or de facto currency...

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List of circulating currencies

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the Sahrawi peseta is the commemorative currency of the Sahrawi Republic. Additionally, some de facto currencies circulate in the territory: the Algerian...

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Economy of the United States

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eurodollar. Several countries use it as their official currency and in others it is the de facto currency. Since the end of World War II, the economy has achieved...

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Spanish peseta

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currency of Spain between 1868 and 2002. Along with the French franc, it was also a de facto currency used in Andorra (which had no national currency...

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French franc

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Spanish peseta, the French franc was also a de facto currency used in Andorra (which had no national currency with legal tender). It circulated alongside...

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Black tea

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trade, and compressed bricks of black tea even served as a form of de facto currency in Mongolia, Tibet, and Siberia well into the 19th century. Generally...

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New Taiwan dollar

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Bank of Taiwan would become the new currency in circulation. Even though the New Taiwan dollar was the de facto currency of Taiwan, statutes after 1949 still...

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Economy of Saint Kitts and Nevis

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is an extensive parallel economy denominated in US$, which is the de facto currency for many business transactions. St. Kitts is a member of the Eastern...

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International status and usage of the euro

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previously have an official currency. Prior to 1999, it used both the French franc and Spanish peseta as de facto legal tender currencies, though they never had...

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Zimbabwean dollar

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apparently worthless Zimbabwean dollar, foreign currency was effectively legalised as a de facto currency on 13 September 2008 via a special program. This...

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Trucial States

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co-operation among the seven rulers. The Indian rupee remained the de facto currency of the Trucial States as well as the other Persian Gulf states, such...

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United States

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market. Several countries use it as their official currency and in others it is the de facto currency. It has free trade agreements with several countries...

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Indian rupee

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increasingly moving towards full de facto convertibility. There is some confusion regarding the interchange of the currency with gold, but the system that...

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Montenegro

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officially demarcate the borders between Montenegro and Ottoman Empire, de facto recognizing Montenegro's independence. In the Battle of Vučji Do Montenegrins...

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Bottle cap

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shortened simply to "caps", have been widely adopted as a de facto currency. Although official currencies are used by some of the more developed factions, caps...

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Hyperinflation in Zimbabwe

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dollar as a de facto currency, and indeed the National Bank repeatedly assured that it does not intend to bring back a national currency. As of May 2016...

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Congolese franc

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representing a claim on Belgian francs. It did exist, however, as the sole de facto currency in the Belgian Congo and Ruanda-Urundi. A decree in 1911 authorised...

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Abkhazia

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support of Abkhazia became pronounced when the Russian ruble became the de facto currency and Russia began issuing passports to the population of Abkhazia....

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Manx pound

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Man is in a one-sided de facto currency union with the United Kingdom: the Manx government has decided to make sterling currency legal tender on the island...

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History of China

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neighboring states, which facilitated the use of Song coinage as the de facto currency of exchange. Giant wooden vessels equipped with compasses traveled...

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Mary Putland

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those who had a monopoly over the supply of rum, which had become the de facto currency within the colony. Mary Putland wrote to her mother, "We entertain...

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