Currency is a word that has several meanings or can be used in different areas; it comes from the word "spot". Currency can refer to an external signal to differentiate people, degrees or other types of things. It can also be used as a verbal expression that states an ideal, thought, behavior among others, that an individual or group of them admit as a precept. In the economic sphere, this term is widely used to describe all foreign currency in reference to the unit of a given country; generally for this type of meaning it is used in the plural, that is to say "currency".
This currency is characteristic of a different monetary sovereignty to which ours belongs; it varies or oscillates among itself within the world money market. And so it is possible to establish different types of exchange between currencies that constantly change depending on different economic variables such as economic growth, the internal consumption of a nation to something in particular or inflation. The currencies that circulate the most worldwide are: the dollar, the euro, the yen, the Swiss franc, the British pound, the real, etc.
It is important to mention that the demand for foreign currencies is determined according to imports of goods and services, in addition to the investment made abroad; for its part, the supply of foreign currencies is diagnosed according to the exports of these goods and services and the investment made in the area where we live. Therefore, the value or price of the currency of a certain country, differentiating itself from others, is decided by the commercial and financial flows made by the residents of that area with respect to that currency in question to those of the others.
Another use of the word currency is used to refer to the tie of colored ribbons with which the bulls of each of the farmers differ.
