Central banks and currencies of the Americas

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This is a list of central banks and currencies of the Americas (North America, Central America and South America).

CountryCurrency Central bank Peg
Flag of Anguilla.svg  Anguilla Eastern Caribbean dollar Eastern Caribbean Central Bank
Flag of Antigua and Barbuda.svg  Antigua and Barbuda
Flag of Dominica.svg  Dominica
Flag of Grenada.svg  Grenada
Flag of Montserrat.svg  Montserrat
Flag of Saint Kitts and Nevis.svg  Saint Kitts and Nevis
Flag of Saint Lucia.svg  Saint Lucia
Flag of Saint Vincent and the Grenadines.svg  Saint Vincent and the Grenadines
Flag of Argentina.svg  Argentina Argentine peso Banco Central de la República Argentina
Flag of Belize.svg  Belize Belize dollar Central Bank of Belize 2 BZD = 1 USD
Flag of Bermuda.svg  Bermuda Bermudan dollar Bermuda Monetary Authority USD at par
Bandera de Bolivia (Estado).svg  Bolivia Bolivian boliviano Banco Central de Bolivia
Flag of Brazil.svg  Brazil Brazilian real Banco Central do Brasil
Flag of Canada (Pantone).svg  Canada Canadian dollar Bank of Canada float
Flag of Chile.svg  Chile Chilean peso Banco Central de Chile
Flag of Colombia.svg  Colombia Colombian peso Banco de la República
Flag of Costa Rica.svg  Costa Rica Costa Rican colón Banco Central de Costa Rica
Flag of El Salvador.svg  El Salvador United States dollar Banco Central de Reserva de El Salvador float
Flag of Ecuador.svg  Ecuador United States dollar Banco Central del Ecuador float
Flag of the Falkland Islands.svg  Falkland Islands Falkland Islands pound Government of the Falkland Islands GBP at par
Flag of France.svg  French Guiana Euro European Central Bank float
Flag of Greenland.svg  Greenland Danish krone Danmarks Nationalbank 1 EUR = 7.46038 kr
Flag of Guatemala.svg  Guatemala Guatemalan quetzal Banco de Guatemala
Flag of Guyana.svg  Guyana Guyanese dollar Bank of Guyana
Flag of Honduras.svg  Honduras Honduran lempira Banco Central de Honduras
Flag of Mexico.svg  Mexico Mexican peso Banco de México float
Flag of Nicaragua.svg  Nicaragua Nicaraguan córdoba Banco Central de Nicaragua
Flag of Panama.svg  Panama United States dollar Banco Nacional de Panamá float
Flag of Paraguay.svg  Paraguay Paraguayan guaraní Banco Central del Paraguay
Flag of Peru.svg  Peru Peruvian sol Banco Central de Reserva del Perú
Flag of Suriname.svg  Suriname Surinamese dollar Centrale Bank van Suriname
Flag of Uruguay.svg  Uruguay Uruguayan peso Banco Central del Uruguay
Flag of Venezuela.svg  Venezuela Venezuelan bolívar Banco Central de Venezuela
Flag of the United States.svg  United States United States dollar Federal Reserve Bank float

See also

Related Research Articles

A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies.

<span class="mw-page-title-main">Inflation</span> Devaluation of currency over a period of time

In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using the consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices faced by households do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose.

<span class="mw-page-title-main">Canadian dollar</span> Currency of Canada

The Canadian dollar is the currency of Canada. It is abbreviated with the dollar sign $. There is no standard disambiguating form, but the abbreviations Can$, CA$ and C$ are frequently used for distinction from other dollar-denominated currencies. It is divided into 100 cents (¢).

<span class="mw-page-title-main">Reserve currency</span> Currencies held by monetary authorities as part of their foreign exchange reserves

A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, international investments and all aspects of the global economy. It is often considered a hard currency or safe-haven currency.

<span class="mw-page-title-main">Currency substitution</span> Use of a foreign currency in parallel to or instead of a domestic currency

Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency.

<span class="mw-page-title-main">1997 Asian financial crisis</span> Financial crisis of many Asian countries during the second half of 1997

The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid, and worries of a meltdown quickly subsided.

<span class="mw-page-title-main">Monetary policy</span> Policy of interest rates or money supply

Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability. Further purposes of a monetary policy may be to contribute to economic stability or to maintain predictable exchange rates with other currencies. Today most central banks in developed countries conduct their monetary policy within an inflation targeting framework, whereas the monetary policies of most developing countries' central banks target some kind of a fixed exchange rate system. A third monetary policy strategy, targeting the money supply, was widely followed during the 1980s, but has diminished in popularity since that, though it is still the official strategy in a number of emerging economies.

The Surinamese dollar has been the currency of Suriname since 2004. It is divided into 100 cent. The Surinamese dollar is normally abbreviated with the dollar sign $, or alternatively Sr$ to distinguish it from other dollar-denominated currencies. In spoken Surinamese Dutch, it is widely referred to by its acronym SRD, with "dollar" generally being understood as meaning the US dollar.

In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate.

<span class="mw-page-title-main">Foreign exchange market</span> Global decentralized trading of international currencies

The foreign exchange market is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.

The sol is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN.

<span class="mw-page-title-main">World currency</span> Currency that is widely used internationally

In international finance, a world currency, supranational currency, or global currency is a currency that would be transacted internationally, with no set borders.

This is a list of the central banks and currencies of the Caribbean.

<span class="mw-page-title-main">Central Bank of Suriname</span> Central Bank of Suriname

The Central Bank of Suriname (CBvS) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs.

<span class="mw-page-title-main">Money</span> Object or record accepted as payment

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.

<span class="mw-page-title-main">United States dollar</span> Official currency of the United States of America

The United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.

<span class="mw-page-title-main">Public Credit Act of 1869</span>

The Public Credit Act of 1869 in the USA states that bondholders who purchased bonds to help finance the Civil War would be paid back in gold. The act was signed on March 18, 1869, and was mainly supported by the Republican Party, notably Senator John Sherman.

<span class="mw-page-title-main">Currency war</span> Competition between nations to gain competitive advantage by manipulating monetary supply

Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies. As the exchange rate of a country's currency falls, exports become more competitive in other countries, and imports into the country become more and more expensive. Both effects benefit the domestic industry, and thus employment, which receives a boost in demand from both domestic and foreign markets. However, the price increases for import goods are unpopular as they harm citizens' purchasing power; and when all countries adopt a similar strategy, it can lead to a general decline in international trade, harming all countries.

<span class="mw-page-title-main">Brazilian real</span> Brazilian currency since 1994

The Brazilian real is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994.

The economy of the Americas comprises more than 1 billion people in 35 different countries and 18 territories. Sometimes divided into the continents of North America and South America depending on the source, like other continents, the wealth between the states in the Americas varies considerably, with significant wealth inequality within nations. The difference in wealth across the Americas can be seen roughly between the economies of North America and South America, with the countries in the former significantly better off than those in the latter.