1 money used in a particular country
domestic | foreign
They prefer to be paid in foreign currencies.
| common, international
US dollars are considered common currency in international transactions.
You can convert sterling into the local currency.
| national | European, Japanese, etc. | single
the single European currency
| major | stable, strong
A stable currency means that your savings do not diminish in value
| weak | hard | convertible
VERB + CURRENCY
change, convert sth into/to, exchange | buy, sell | devalue | support
The fund supports weak currencies.
The country needs to raise enough hard currency to pay for its oil imports.
CURRENCY + VERB
rise | fall | float, fluctuate
For four months all major currencies floated. The system allows currencies to fluctuate within certain limits.
CURRENCY + NOUN
conversion, exchange, translation
The disappointing profits are due to unfavourable currency translations.
They make money by speculating on the currency markets.
| deal, dealing, speculation, trade, trading | dealer, speculator, trader | crisis | fluctuation, movements | devaluation | system | reform | reserves
in … ~
She had £50 in foreign currency.
2 being believed/accepted/used by many people
general, wide, widespread
VERB + CURRENCY
This belief has general currency.
How did the idea gain currency?
More information about CURRENCIES
unit of money in a country change/convert sth into/to ~
I want to change 100 dollars into euros.
buy, sell ~
The bank will sell you one Russian rouble for 4.14 Japanese yen.
Many of the collocates of MONEY (for example make, spend) can also be used with currencies:The country spends millions of dollars on overseas aid every year.
50-, 100-, etc. ~ coin/note
a pound coin
50-, 100-, etc. dollar bill for a ~
How many dinars will I get for a dollar?
in (the) ~
The contract is denominated in euros. a tax of 30p in the pound
~ for ~
The company promises to match any money the charity makes dollar for dollar.
~'s worth of sth
a million pound's worth of books
value of a currency compared with others high, rising, strong ~
Business should benefit from a stronger euro.
falling, low, weak ~
The yen gained 10 points against a weak dollar.
Research suggests that the pound is over-valued.
The UK floated sterling in June 1972.
The Fiji dollar may have to be devalued.
defend, prop up, protect, shore up, support ~
She dismissed suggestions that the central bank would intervene to prop up the euro.
~ be worth sth
One Saudi Arabian riyal is worth approximately 0.27 US dollars.
The peso strengthened on the foreign exchanges.
~ come under pressure
The pound came under pressure against the dollar.
~ close, open
The pound closed yesterday at 1.4130 dollars.
~ be fixed/pegged to
Many emerging countries have their currencies pegged to the dollar.
The dollar value of the stock rose to $11.5 billion.
The rise in government spending was equivalent to only 9% in dollar terms.
~ exchange rate
All prices are based on the South African rand exchange rate.
~ traveller's cheques
sterling traveller's cheques
She was paid the dollar equivalent of £10 000.
against the ~
The yen has strengthened against the pound.
to the ~
How many dollars are there to the pound?
depreciation/devaluation/reflation of the ~
the devaluation of the peso in 1994
a run on the ~
The government increased interest rates to avoid a run on the rouble
(= sudden large buying of the currency).
the value of the ~
a rise in the value of the euro
Random quote: We are all faced with a series of great opportunities brilliantly disguised as impossible situations.: Charles R. SwindollLatest queries: emphasis, charm, mature, thereby, plus, impact, circumstance, furthermore, exhibit, symbol, uniform, part exchange, nuclear, brasserie, comment, depress, estimate, social conscience, deviate, currency,