Quick reference for national currency symbols: RMB symbol, complete comparison table from USD to EUR

What Exactly Are Currency Symbols?

Currency symbols are visual abbreviations used for quick identification of a particular currency. Their role may seem simple, but they run through the entire financial transaction chain—from offline supermarket price tags, to real-time trading data in the foreign exchange market, to international payment receipts—all relying on these seemingly inconspicuous symbols.

These symbols are not just for writing convenience; they are important markers within the economic system. The appearance of symbols like the Renminbi symbol (¥), the US dollar symbol ($), and the Euro symbol (€) essentially represents the economic status and international influence of different countries or regions. For those engaged in forex investment, international trade, or cross-border payments, mastering and correctly using these symbols is crucial.

Clarify These Easily Confused Symbols First

In practical applications, some currency symbols can cause confusion and require special attention:

¥ Symbol’s Dual Identity

  • In China and parts of Asia, ¥ represents the Renminbi symbol (currency code CNY)
  • In Japan, the same ¥ symbol stands for the Japanese Yen (currency code JPY)
  • To avoid confusion, the standard notation is: CNY¥100 (meaning 100 RMB) or JPY¥100 (meaning 100 Yen)

$ Symbol’s Global Usage Over 30 countries worldwide use $ as a currency symbol, which can be confusing. Notable examples include:

Currency Name Currency Code Differentiated Symbol
US Dollar USD US$
Canadian Dollar CAD C$
Hong Kong Dollar HKD HK$
New Taiwan Dollar TWD NT$
Australian Dollar AUD A$
New Zealand Dollar NZD NZ$
Singapore Dollar SGD S$
Brazilian Real BRL R$

Special Symbol: ฿ with Two Meanings

  • In the forex market, ฿ represents the Thai Baht (Thailand’s currency)
  • In the cryptocurrency field, ฿ stands for Bitcoin
  • Interpretation depends on the specific context during trading

Major Global Currency Symbols Comparison Table

Continent Country Currency Name Code Symbol
Americas USA US Dollar USD $
Canada Canadian Dollar CAD $
Brazil Brazilian Real BRL R$
Asia China Renminbi CNY ¥ / Yuan
Japan Yen JPY ¥
Hong Kong Hong Kong Dollar HKD $ / HK$
Taiwan New Taiwan Dollar TWD NT$
Singapore Singapore Dollar SGD $
South Korea Won KRW
India Rupee INR
Indonesia Rupiah IDR Rp
Malaysia Ringgit MYR RM
Thailand Baht THB ฿
Vietnam Dong VND
Europe Eurozone Euro EUR
UK Pound Sterling GBP £
Russia Ruble RUB
Ukraine Hryvnia UAH
Turkey Lira TRY
Australia Australia Australian Dollar AUD $
New Zealand New Zealand Dollar NZD $
Middle East & Africa UAE Dirham AED د.إ
Israel New Shekel ILS
Nigeria Naira NGN
Kenya Kenyan Shilling KES Ksh
South Africa Rand ZAR R

How to Quickly Input These Symbols on Your Keyboard?

Memorizing the following common currency symbol input methods can greatly improve your work efficiency:

Currency Code Symbol Mac Shortcut Windows Shortcut
Euro EUR Shift+Option+2 Alt+E
Pound Sterling GBP £ Option+3 Alt+L
US Dollar USD $ Shift+4 Shift+4
Yen/Renminbi JPY/CNY ¥ Option+Y Alt+Y

For Renminbi symbol input, in a Chinese input environment, you can also directly type “¥” or select the character “Yuan”. In some specialized software, Unicode input may be required; methods vary depending on the system and application.

Currency Pair Concepts in the Forex Market

Single currency symbols (like $, €, ¥, or the Renminbi symbol) represent the value unit of a specific currency, used for pricing and settlement.

Forex currency pairs refer to the exchange rate relationship between two currencies. For example:

  • EUR/USD: The exchange rate of Euro to US Dollar, indicating how many USD one Euro can buy
  • GBP/JPY: The exchange rate of British Pound to Japanese Yen
  • USD/CNY: The exchange rate of US Dollar to Renminbi

In currency pair notation, the first currency is called the base currency (the currency being exchanged), and the second currency is the quote currency (the currency used for pricing). Investors buy and sell these currency pairs to participate in the forex market, seeking profit from exchange rate fluctuations.

Mastering the symbols of various countries’ currencies and the Renminbi is the first step into forex trading. Accurately understanding currency codes and symbol systems can help you analyze market data more efficiently and make smarter trading decisions.

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