Cryptocurrency
Major Pairs
Major Pairs
Major pairs are the most heavily traded currency pairs in the forex market. These currency pairs represent the relationship between the US dollar (USD) and another major currency. Approximately 80% of the currency pairs traded in the market are considered major pairs. The most common major pairs include: EUR/USD (Euro/US Dollar): This is […]
Major Currencies
Major currencies refer to the most heavily traded and widely accepted currencies in the world. These currencies play a significant role in global economies and are commonly used in international trade. Below, you can find detailed information about the major currencies: United States Dollar (USD): The official currency of the United States, the […]
Major
In forex trading, “major” refers to the most heavily traded and widely recognized currency pairs in the global forex market. These currency pairs typically involve the US dollar (USD) paired with currencies of major economies. The major currency pairs in forex are the most liquid and actively traded pairs, offering high liquidity and tight […]
Madagascar Ariary (MGA)
Madagascar Ariary (MGA) is the official currency of Madagascar, an island country located in East Africa. It replaced the previous currency, the Malagasy Franc, after Madagascar gained independence in 1961. The name “ariary” is derived from the traditional currency used by the Malagasy people. The Madagascar Ariary is issued and managed by the Central […]
Macedonian Denar (MKD)
Macedonian Denar (MKD) is the official currency of North Macedonia. It was introduced in 1992 after the dissolution of the Socialist Federal Republic of Yugoslavia. The MKD is issued and regulated by the National Bank of North Macedonia. The Macedonian Denar is represented by the international currency code “MKD”. It is divided into 100 […]
Macau Patacas (MOP)
Macau Patacas (MOP) is the official currency used in the Macau Special Administrative Region. Macau is a special administrative region of China and has a unique economic and political status similar to Hong Kong. Macau Pataca is issued and distributed by the Macau government and serves as the official currency of Macau. Its ISO […]
Loonie
“Loonie” is a colloquial term used to refer to the Canadian dollar (CAD). The term originated from the image of a common loon, a bird species found in Canada, that appears on the back of the one-dollar coin in Canada. The coin is commonly referred to as the “loonie” due to the bird’s presence on […]
Looney
“Looney” is a term commonly used to refer to the Canadian dollar (CAD). The Canadian dollar is the official currency of Canada and is represented by the symbol “CAD” or “C$” in international currency markets. The term “Looney” is derived from the official symbol on the Canadian dollar, which is a depiction of a common […]
Lithuanian Litai (LTL)
Lithuanian Litai (LTL) was the official currency of Lithuania from 1993 to 2015. It was introduced after Lithuania gained independence from the Soviet Union in 1993 and decided to establish its own currency. The name “Litai” comes from the Lithuanian word for the name of the country, “Lietuva.” LTL was divided into 100 centas […]
Libyan Dinar (LYD)
The Libyan Dinar (LYD) is the official currency of Libya. Here is more detailed information about the Libyan Dinar: History: The Libyan Dinar was introduced by the Central Bank of Libya in 1971. It replaced the previously used currency, the Libyan Riyal, and became the official currency of Libya. Symbol and Code: The […]
