Cryptocurrency
Minor Pairs
Minor Pairs
Minor pairs, also known as cross currency pairs or simply crosses, refer to currency pairs that do not include the US dollar (USD). In other words, these pairs involve two major currencies but exclude the USD as one of the currencies. Examples of minor pairs include the Euro/British Pound (EUR/GBP), Euro/Japanese Yen (EUR/JPY), British […]
Minor Currencies
Minor currencies, also known as exotic currencies, refer to currencies that are not considered major currencies in the forex market. These currencies are typically associated with smaller economies and have lower liquidity compared to major currencies. Minor currencies are often paired with major currencies in forex trading. Some examples of minor currencies include the […]
Minor
In forex trading, the term “minor” refers to currency pairs that do not include the US dollar (USD) as one of the currencies. These currency pairs involve two major currencies other than the USD. For example, EUR/GBP, EUR/JPY, and GBP/JPY are considered minor currency pairs. Minor currency pairs are also known as cross currency […]
Mexican Peso (MXP)
The Mexican Peso (MXP) is the official currency of Mexico. It is denoted by the ISO 4217 currency code “MXN”. The Mexican Peso is issued by the Bank of Mexico (Banco de México) and is widely used in the country for economic transactions. Mexico is the second-largest economy in Latin America, and the Mexican […]
Mauritian Rupee (MUR)
The Mauritian Rupee (MUR) is the official currency of Mauritius, an island nation located in the Indian Ocean. It is issued and regulated by the Bank of Mauritius. The Mauritian Rupee is subdivided into smaller units called cents, with 1 Rupee equal to 100 cents. However, in practice, cent denominations are not widely used. […]
Mauritanian Ouguiyas (MRU)
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, a country located in West Africa. It is issued and regulated by the Central Bank of Mauritania. The Mauritanian Ouguiya is used as both paper currency and coins in circulation within the local economy of Mauritania. The currency is divided into smaller units called […]
Maltese Liri (MTL)
Maltese Lira (MTL) was the official currency of Malta from 1972 to 2008. It was introduced to replace the Maltese pound, which was a currency tied to the British pound. The Maltese Lira was divided into 100 cents. The Maltese Lira banknotes featured various historical figures, landmarks, and symbols of Malta. The coins were […]
Maldivian Rufiyaa (MVR)
Maldivian Rufiyaa (MVR) is the official currency of the Maldives, an island nation located in the Indian Ocean. It is issued and regulated by the Maldives Monetary Authority, the country’s central bank. MVR is represented by the currency code “MVR” according to the ISO 4217 standard. The word “Rufiyaa” is derived from the historical […]
Malaysian Ringgit (MYR)
Malaysian Ringgit (MYR) is the official currency of Malaysia, a Southeast Asian country located on the Malay Peninsula and the island of Borneo. The currency is issued and regulated by the Central Bank of Malaysia, also known as Bank Negara Malaysia. MYR is represented by the currency code “MYR” according to the ISO 4217 […]
Malawian Kwacha (MWK)
Malawian Kwacha (MWK) is the official currency of Malawi, a landlocked country located in southeastern Africa. The currency is issued and regulated by the Reserve Bank of Malawi. MWK is represented by the currency code “MWK” according to the ISO 4217 standard. The word “Kwacha” means “dawn” in the local Chichewa language, symbolizing the […]
