The value of a local currency is measured and most of the world’s foreign transactions are denominated with one of the following major currencies: British Pound (GBP), Euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF), and US Dollar (USD).

More On This Topic

Link to This Definition
Did you find this definition of MAJOR CURRENCIES helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary