Countries and Currencies in the World, List, Importance

Countries and Currencies

The World consists of 195 countries and each country has its own currency. Having a knowledge of countries, capitals and currencies is important to get an understanding of the global world. In this article, we are going to cover the list of countries and their currencies. 

Why are Countries and Currencies Important?

The currency of a country works as a legal tender for the transactions and represents the economic structure and financial stability of a country. A country and its currencies are important because: 

  • Helps in understanding international travel and trade
  • Study global economics and travel
  • Conduct cross-border business transactions

Currency of a Country

A currency of a country consists of papers and coins that act as a medium of exchange, store of value and unit of account. While many countries use the same currency, many countries have their own unique currency. These currencies keep fluctuating on the basis of inflation, demand and economic performance.

Also Read: Countries and Capitals

Countries and their Currencies 

Countries and their currencies help in understanding the geopolitical dynamics regionally. Here is a list of countries and their currencies:  

Countries and Currencies of Africa 

Africa is the second largest continent of the world in both area and its population. The continent consists of 54 recognised nations, each having its own capital and currency and a rich diversity of culture, language and economic system. 

Countries And Currencies of Africa
Country Currency

Algeria

Algerian Dinar

Angola

Angolan Kwanza

Benin

West African CFA franc

Botswana

Botswana Pula

Burkina Faso

West African CFA franc

Burundi

Burundian Franc

Cabo Verde

Cape Verdean Escudo

Cameroon

Central African CFA franc

Central African Rep.

Central African CFA franc

Chad

Central African CFA franc

Comoros

Comorian Franc

Congo (Brazzaville)

Central African CFA franc

Congo (Kinshasa)

Congolese Franc

Côte d’Ivoire

West African CFA franc

Djibouti

Djiboutian Franc

Egypt

Egyptian Pound

Equatorial Guinea

Central African CFA franc

Eritrea

Eritrean Nakfa

Eswatini

Swazi Lilangeni

Ethiopia

Ethiopian Birr

Gabon

Central African CFA franc

Gambia

Gambian Dalasi

Ghana

Ghanaian Cedi

Guinea

Guinean Franc

Guinea-Bissau

West African CFA franc

Kenya

Kenyan Shilling

Lesotho

Lesotho Loti

Liberia

Liberian Dollar

Libya

Libyan Dinar

Madagascar

Malagasy Ariary

Malawi

Malawian Kwacha

Mali

West African CFA franc

Mauritania

Mauritanian Ouguiya

Mauritius

Mauritian Rupee

Morocco

Moroccan Dirham

Mozambique

Mozambican Metical

Namibia

Namibian Dollar

Niger

West African CFA franc

Nigeria

Nigerian Naira

Rwanda

Rwandan Franc

São Tomé & Príncipe

Dobra

Senegal

West African CFA franc

Seychelles

Seychellois Rupee

Sierra Leone

Sierra Leonean Leone

Somalia

Somali Shilling

South Africa

South African Rand

South Sudan

South Sudanese Pound

Sudan

Sudanese Pound

Tanzania

Tanzanian Shilling

Togo

West African CFA franc

Tunisia

Tunisian Dinar

Uganda

Ugandan Shilling

Zambia

Zambian Kwacha

Zimbabwe

Zimbabwean Dollar

Countries And Currencies of North America 

North America has 23 countries including the United States, Canada and Mexico. Following is the list of countries and currencies of North America: 

Countries, Capitals And Currencies of North America
Country Currency

Antigua and Barbuda

East Caribbean Dollar

Bahamas

Bahamian Dollar

Barbados

Barbadian Dollar

Belize

Belize Dollar

Canada

Canadian Dollar

Costa Rica

Costa Rican Colón

Cuba

Cuban Peso

Dominica

East Caribbean Dollar

Dominican Republic

Dominican Peso

El Salvador

United States Dollar

Grenada

East Caribbean Dollar

Guatemala

Guatemalan Quetzal

Haiti

Haitian Gourde

Honduras

Honduran Lempira

Jamaica

Jamaican Dollar

Mexico

Mexican Peso

Nicaragua

Nicaraguan Córdoba

Panama

Balboa / USD

Saint Kitts & Nevis

East Caribbean Dollar

Saint Lucia

East Caribbean Dollar

Saint Vincent & Gren.

East Caribbean Dollar

Trinidad and Tobago

Trinidadian Dollar

United States

United States Dollar

Countries, Capitals And Currencies of South America

South America has 12 countries having their unique identities. Here is a list of South American Countries and their currencies: 

Countries, Capitals And Currencies of South America
Country Currency

Argentina

Argentine Peso

Bolivia

Boliviano

Brazil

Brazilian Real

Chile

Chilean Peso

Colombia

Colombian Peso

Ecuador

United States Dollar

Guyana

Guyanese Dollar

Paraguay

Paraguayan Guaraní

Peru

Peruvian Sol

Suriname

Surinamese Dollar

Uruguay

Uruguayan Peso

Venezuela

Venezuelan Bolívar

Countries And Currencies of Asia 

Asia is the largest and the most populous continent. Here is a list of countries and currencies of Asia: 

Countries, Capitals And Currencies of Asia
Country Currency

Afghanistan

Afghani

Armenia

Armenian Dram

Azerbaijan

Azerbaijani Manat

Bahrain

Bahraini Dinar

Bangladesh

Bangladeshi Taka

Bhutan

Bhutanese Ngultrum

Brunei

Brunei Dollar

Cambodia

Cambodian Riel

China

Chinese Yuan

Cyprus

Euro

Georgia

Georgian Lari

India

Indian Rupee

Indonesia

Indonesian Rupiah

Iran

Iranian Rial

Iraq

Iraqi Dinar

Israel

Israeli Shekel

Japan

Japanese Yen

Jordan

Jordanian Dinar

Kazakhstan

Kazakhstani Tenge

Kuwait

Kuwaiti Dinar

Kyrgyzstan

Kyrgyzstani Som

Laos

Lao Kip

Lebanon

Lebanese Pound

Malaysia

Malaysian Ringgit

Maldives

Maldivian Rufiyaa

Mongolia

Mongolian Tögrög

Myanmar

Burmese Kyat

Nepal

Nepalese Rupee

North Korea

North Korean Won

Oman

Omani Rial

Pakistan

Pakistani Rupee

Palestine

Israeli Shekel

Philippines

Philippine Peso

Qatar

Qatari Riyal

Russia

Russian Ruble

Saudi Arabia

Saudi Riyal

Singapore

Singapore Dollar

South Korea

South Korean Won

Sri Lanka

Sri Lankan Rupee

Syria

Syrian Pound

Taiwan

New Taiwan Dollar

Tajikistan

Tajikistani Somoni

Thailand

Thai Baht

Timor-Leste

United States Dollar

Turkey

Turkish Lira

Turkmenistan

Turkmenistani Manat

United Arab Emirates

UAE Dirham

Uzbekistan

Uzbekistani Som

Vietnam

Vietnamese Dong

Yemen

Yemeni Rial

Countries And Currencies of Europe 

Europe has 44 countries and a maximum of them use Euro as their currency. Here is a list of countries and their currencies in Europe: 

Countries And Currencies of Europe
Country Currency

Albania

Albanian Lek

Andorra

Euro

Austria

Euro

Belarus

Belarusian Ruble

Belgium

Euro

Bosnia & Herzegovina

Convertible Mark

Bulgaria

Bulgarian Lev

Croatia

Euro

Cyprus

Euro

Czech Republic

Czech Koruna

Denmark

Danish Krone

Estonia

Euro

Finland

Euro

France

Euro

Germany

Euro

Greece

Euro

Hungary

Hungarian Forint

Iceland

Icelandic Krona

Ireland

Euro

Italy

Euro

Kosovo

Euro

Latvia

Euro

Liechtenstein

Swiss Franc

Lithuania

Euro

Luxembourg

Euro

Malta

Euro

Moldova

Moldovan Leu

Monaco

Euro

Montenegro

Euro

Netherlands

Euro

North Macedonia

Macedonian Denar

Norway

Norwegian Krone

Poland

Polish Złoty

Portugal

Euro

Romania

Romanian Leu

Russia

Russian Ruble

San Marino

Euro

Serbia

Serbian Dinar

Slovakia

Euro

Slovenia

Euro

Spain

Euro

Sweden

Swedish Krona

Switzerland

Swiss Franc

Ukraine

Ukrainian Hryvnia

United Kingdom

Pound Sterling

Vatican City

Euro

Countries And Currencies of Australia & Oceania

Oceania that also includes Australia consists of many scattered islands over the Pacific Ocean. Here is a list of countries and their currencies in Australia and Oceania: 

Countries And Currencies of Australia & Oceania
Country Currency

Australia

Australian Dollar

Fiji

Fijian Dollar

Kiribati

Australian Dollar

Marshall Islands

United States Dollar

Micronesia

United States Dollar

Nauru

Australian Dollar

New Zealand

New Zealand Dollar

Palau

United States Dollar

Papua New Guinea

Papua New Guinean Kina

Samoa

Samoan Tala

Solomon Islands

Solomon Islands Dollar

Tonga

Tongan Paʻanga

Tuvalu

Australian Dollar

Vanuatu

Vanuatu Vatu

Countries and Currencies FAQs

Q1: How many countries are there in Europe?

Ans: There are 44 countries in Europe.

Q2: Why do countries have separate currencies?

Ans: Countries have separate currencies to maintain independent monetary policies and economic control.

Q3: Which is the most powerful currency in the world?

Ans: The Kuwaiti Dinar (KWD) is considered the most powerful currency in the world.

Q4: Pound is the currency of which country?

Ans: The Pound is the official currency of the United Kingdom.

Q5: What is the currency of Japan?

Ans: The official currency of Japan is the Japanese Yen (JPY).

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