Polish Zloty

Polish Zloty The zloty (PLN) is the currency of Poland, which is one of seven EU member states that do not use the euro.   Poland’s GDP growth1 has generally been positive since the early 1990s.   Inflation in the country has been elevated following COVID-19 but has shown signs of slowing since late 2022. […]

New Zealand Dollar

The New Zealand Dollar The currency of New Zealand is the dollar (NZD). It’s also known informally as the kiwi.   New Zealand’s economy relies on international trade. Its exports are largely agricultural (meat, milk and butter), with the greatest portion of them going to China.   New Zealand has the second-lowest GDP of the […]

Norwegian Krone

Norwegian Krone The currency of Norway is the krone (NOK). Norway is a major exporter of energy. Its balance of trade has historically been steady and positive. It jumped higher with COVID-19 and has since returned closer to historical levels. Norway has the fourth-highest GDP per capita1 in the world. Explore About Norway GDP10 $484BillionUSD Major […]

Mexican Peso

Mexican Peso Mexico exports a lot of goods to the U.S., especially cars, car parts and computers. Overall, though, it tends to be a net importer. The currency has had some inflation woes over the years. In 1993, the Bank of Mexico introduced a new currency that was 1,000 times less valuable than the previous […]

Japanese Yen

Japanese Yen The currency of Japan is the yen (JPY). It is the third-most-traded currency in the world. The Japanese central bank — the Bank of Japan — was founded in 1882, but the country’s currency history is much older. The Bank of Japan began minting coins in the eighth century. Japan has the oldest […]

Indian Rupee

Indian Rupee India has experienced the second-greatest GDP growth1 of any of our profiled currencies over the past two decades. In April 2023, it overtook China as the world’s most populous country. It has traditionally been a net importer.2 Its main import is crude oil. India exports some of that as refined oil, while its more […]

Hungarian Forint

Hungarian Forint The currency of Hungary is the forint (HUF). Hungary is one of seven EU member states that don’t use the euro. Hungary has historically run a budget deficit.3 Its aging population has the potential to burden the country’s social systems. The inflation rate is currently running higher than normal but has shown signs of […]

Hong Kong Dollar

Hong Kong Dollar Hong Kong’s currency is the dollar (HKD), which has traded in a narrow band of 7.75 – 7.85 to the U.S. dollar since 2005.   Hong Kong is officially known as the Hong Kong Special Administrative Region of the People’s Republic of China. The United Kingdom handed Hong Kong over to China […]

British Pound

British Pound Sterling Founded in 1694, the Bank of England is the second-oldest central bank of those we cover. Its currency — the British pound (GBP) — is the oldest existing currency. The UK generally imports more than it exports. It tends to run a budget deficit.3 Explore About the UK GDP1 $3.64TrillionUSD Major Exports2 […]

Danish Krone

Danish Krone The currency of Denmark is the Danish krone (DKK). Denmark is one of seven EU member states that don’t use the euro. It would be logical for the European Union to want them, though. Denmark’s balance of trade is generally positive and growing. Denmark has a variety of exports, including medicine, meat and […]