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Currency


A currency is a unit of exchange, facilitating the transfer of goods and services. It is a form of money, where money is defined as a medium of exchange (rather than e.g. a store of value). more...

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A currency zone is a country or region in which a specific currency is the dominant medium of exchange. To facilitate trade between currency zones, there are exchange rates i.e. prices at which currencies (and the goods and services of individual currency zones) can be exchanged against each other. Currencies can be classified as either floating currencies or fixed currencies based on their exchange rate regime. In common usage, currency sometimes refers to only paper money, as in "coins and currency", but this is misleading. Coins and paper money are both forms of currency.

In most cases, each country has monopoly control over its own currency. Member countries of the European Monetary Union are a notable exception to this rule, as they have ceded control of monetary policy to the European Central Bank.

In cases where a country does have control of its own currency, that control is exercised either by a central bank or by a Ministry of Finance. In either case, the institution that has control of monetary policy is referred to as the monetary authority. Monetary authorities have varying degrees of autonomy from the governments that create them. In the United States, the Federal Reserve operates with full independence from the government. It is important to note that a monetary authority is created and supported by its sponsoring government, so independence can be reduced or revoked by the legislative or executive authority that creates it. In almost all Western countries, the monetary authority is largely independent from the government.

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1942-M Australia Florin Bu Km #401942-M Australia Florin Bu Km #40 $59.99 1933 Australia Silver Florin 2 Shillings Km #271933 Australia Silver Florin 2 Shillings Km #27 $79.99
1938 Australia Silver 3 Pence Bu+ Km #371938 Australia Silver 3 Pence Bu+ Km #37 $30.99 1944 Australia Silver Florin 2 Shillings Bu Km #401944 Australia Silver Florin 2 Shillings Bu Km #40 $69.99
Australia Silver Koala 2009 coin 1oz Perth Offical Mint Package, card, gift, 999Australia Silver Koala 2009 coin 1oz Perth Offical Mint Package, card, gift, 999 $42.99 2013 Australian Year of the Snake 1 Ounce Colorized Proof Silver Coin Perth Mint2013 Australian Year of the Snake 1 Ounce Colorized Proof Silver Coin Perth Mint $99.95
1943-D Australia Silver 6 Pence Bu Km #381943-D Australia Silver 6 Pence Bu Km #38 $20.99 2012P Australian Year of the Dragon Rare Set Ngc Ms70 / Pf70 Kilo 10, 5, 2, 1,12012P Australian Year of the Dragon Rare Set Ngc Ms70 / Pf70 Kilo 10, 5, 2, 1,1 $7,499.00
1916 Australia Silver Florin 2 Shilling Xf Details1916 Australia Silver Florin 2 Shilling Xf Details $89.99 2002 Lunar Year of the Horse Australian 1/2 .5 Half Ounce 999 Silver Bu Coin2002 Lunar Year of the Horse Australian 1/2 .5 Half Ounce 999 Silver Bu Coin $99.99
1922 Australia Penny Xf1922 Australia Penny Xf $24.99 Australia Ww2 Camp Hay Internment Camp C.1262 Feller & Feller Au 971 UncAustralia Ww2 Camp Hay Internment Camp C.1262 Feller & Feller Au 971 Unc $295.00
1998 Australia Nugget Heritage Set $5 Kangaroo 1/20-Oz Proof & Natural Gold1998 Australia Nugget Heritage Set $5 Kangaroo 1/20-Oz Proof & Natural Gold $199.99 2012 Australian Silver Dragon Lunar Series Ii Bu 1 Oz2012 Australian Silver Dragon Lunar Series Ii Bu 1 Oz $45.99
Australia Ww2 Internment Camp Hay 1 Penny Campbell 1261 F&F Au 970 Au-UncAustralia Ww2 Internment Camp Hay 1 Penny Campbell 1261 F&F Au 970 Au-Unc $250.00 2013P Australian Year of the Snake Rare Set Ngc Pf70 Kilo 10, 5, 2, 1, 1 oz2013P Australian Year of the Snake Rare Set Ngc Pf70 Kilo 10, 5, 2, 1, 1 oz $5,499.00
1944-S Australia .925% Silver Content One Shilling Ungraded Circulated Item27121944-S Australia .925% Silver Content One Shilling Ungraded Circulated Item2712 $16.00 1917 Australia Silver Florin 2 Shillings 6 Pearls Xf+ Km #271917 Australia Silver Florin 2 Shillings 6 Pearls Xf+ Km #27 $109.99
1925 Australia Silver 3 Pence Au Km #241925 Australia Silver 3 Pence Au Km #24 $149.99 Rare Frosty Cameo Proof 1975 Papua New Guinea 10 Toeas 24Mm Low Mintage 42kRare Frosty Cameo Proof 1975 Papua New Guinea 10 Toeas 24Mm Low Mintage 42k $6.99 Was: $13.99
2013 Australian Year of the Snake - 1 Ounce Gilded .999 Silver Coin Perth Mint2013 Australian Year of the Snake - 1 Ounce Gilded .999 Silver Coin Perth Mint $89.95 1934 Australia Silver One Shilling Coin1934 Australia Silver One Shilling Coin $14.95
Australia Twenty Fifty Cents 1966-1992 Dansco Folder with 3 Unmarked SpacesAustralia Twenty Fifty Cents 1966-1992 Dansco Folder with 3 Unmarked Spaces $13.99 2013 - 1 Troy Ounce .999 Fine Silver Australian Koala Coin2013 - 1 Troy Ounce .999 Fine Silver Australian Koala Coin $42.95
2014 Falcons Limited Mintage 100 coins in the world! Rare Set Coa# 48-552014 Falcons Limited Mintage 100 coins in the world! Rare Set Coa# 48-55 $2,800.00 Australia Ten Cents 1966 to Date Dansco AlbumAustralia Ten Cents 1966 to Date Dansco Album $19.99
2008 Perth Mint 1 Ounce Silver Painted/Colorized Year of the Mouse Lunar S2 2008 Perth Mint 1 Ounce Silver Painted/Colorized Year of the Mouse Lunar S2  $34.00 Frilled Neck Lizard "Remarkable Reptiles" 1oz .999 Silver Proof Coin Tuvalu 2013Frilled Neck Lizard "Remarkable Reptiles" 1oz .999 Silver Proof Coin Tuvalu 2013 2000 $79.95
1913 Australia Silver Shilling Xf Details Km #261913 Australia Silver Shilling Xf Details Km #26 $104.99 2013-P S$1 Australia Colorized Snake 1 Oz. Proof Silver Ngc Pf69 Ultra Cameo2013-P S$1 Australia Colorized Snake 1 Oz. Proof Silver Ngc Pf69 Ultra Cameo $79.95
2012 1 Ounce Proof .999 Silver Discover Australia - Kookaburra Coin2012 1 Ounce Proof .999 Silver Discover Australia - Kookaburra Coin $89.95 2012 1/2 Ounce Australian Outback Silver Collection 3 Coin Set2012 1/2 Ounce Australian Outback Silver Collection 3 Coin Set $149.90
2013P S$1 Australia Colorized-Er Snake 1 Oz. Silver Ngc Pf70 Ultra Cameo2013P S$1 Australia Colorized-Er Snake 1 Oz. Silver Ngc Pf70 Ultra Cameo $124.77 Australia Km#365 1998-C Silver Dollar Coin Pcgs Ms69Australia Km#365 1998-C Silver Dollar Coin Pcgs Ms69 $6.50
2012 Australian 1 Ounce Gilded 999 Fine Silver Koala Dollar Coin Limited Mintage2012 Australian 1 Ounce Gilded 999 Fine Silver Koala Dollar Coin Limited Mintage $69.95 Mint Direct 25-1/2 Oz Silver Australian Great White Shark 2014 Sealed by ApmexMint Direct 25-1/2 Oz Silver Australian Great White Shark 2014 Sealed by Apmex
1925 Australia Silver Shilling Coin Xf1925 Australia Silver Shilling Coin Xf $34.99 1932 Australia Penny Xf Km #231932 Australia Penny Xf Km #23 $19.99
2013 Australia Seasons 1 Troy Ounce Proof .999 Fine Silver Square Coin - Summer2013 Australia Seasons 1 Troy Ounce Proof .999 Fine Silver Square Coin - Summer $124.95 1925 Australia One 1 Penny Vf+ Rare! Km #231925 Australia One 1 Penny Vf+ Rare! Km #23 $199.99
2013 Australian 1/2 Half Ounce Colorized Proof .999 Fine Silver Snake Coin2013 Australian 1/2 Half Ounce Colorized Proof .999 Fine Silver Snake Coin $69.95 Frosted & Rare Mirror Proof 1975 Papua New Guinea 20 Toeas Low Mintage 42kFrosted & Rare Mirror Proof 1975 Papua New Guinea 20 Toeas Low Mintage 42k $7.99 Was: $15.99
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