Top 20 Currency Symbols Every Forex Trader Must Know

2025-08-05
Summary:

Confused by forex abbreviations? This guide covers the top 20 currency symbols you need to know to trade with confidence.

Currency symbols are shorthand graphical representations of currencies, like $ for the U.S. dollar, € for the euro, and ¥ for the yen. Meanwhile, ISO 4217 codes, such as USD, EUR, or JPY, standardise currency identification in trading platforms, financial reports, and quoting conventions. 


In forex, traders work with pairs like EUR/USD, where the first ISO code is the base currency and the second is the quote currency.


In this guide, you'll learn the top 20 symbols used worldwide, their origins, and why they matter for traders in 2025.


Top 20 Currency Symbols You Must Know

Currency Symbols

1. $ – U.S. Dollar (USD)

The universal symbol for the U.S. dollar, used in most quotes. It originated from the abbreviation of the Spanish peso and remains the foundation of almost all forex trading.


2. € – Euro (EUR)

Symbol for the euro, combining Greek epsilon and the letter "E." Represents the currency of the eurozone and the second most traded currency globally.


3. ¥ – Japanese Yen (JPY)

Applied to both the Japanese yen and Chinese yuan, although in forex markets, the JPY code prevails in pair quotations such as USD/JPY.


4. £ – British Pound Sterling (GBP)

Denotes the British pound, often called "Cable" in trading slang. Pound liquidity and volatility make GBP/USD a core pair.


5. ₣ or Fr – Swiss Franc (CHF)

Although officially shown as "CHF," the franc is often displayed without a symbol in trading. In general usage, Fr is also used alongside the ISO code.


6. A$ – Australian Dollar (AUD)

A dollar sign prefixed with "A." A commodity currency linked to metal prices, often included in forex quotes and newsfeeds.


7. C$ – Canadian Dollar (CAD)

Used in forex platforms to distinguish from other dollar currencies, especially in pairs like USD/CAD. Also called the "Loonie."


8. NZ$ – New Zealand Dollar (NZD)

New Zealand Dollar Symbol

The currency symbol for the New Zealand dollar is another commodity currency that often trades in AUD/NZD pairings.


9. CN¥ / ¥ – Chinese Yuan / Offshore Renminbi (CNY / CNH)

The onshore yuan uses the CNY code while offshore CNH appears in forex platforms. The identical ¥ symbol frequently confuses traders, making ISO codes essential to know.


10. ₹ – Indian Rupee (INR)

Although less prominent, the INR warrants recognition in forex and is commonly used across South Asia. This symbol combines the Latin "R" with Devanagari "ra."


11. ₨ – Pakistani, Sri Lankan, Nepalese Rupee (PKR, LKR, NPR)

This ligature stands for multiple rupee currencies. For forex trading involving PKR pairs, recognising ₨ helps avoid mix-ups.


12. ₺ – Turkish Lira (TRY)

Turkish currency uses the ₺ symbol. TRT trades are increasingly active, especially amid geopolitical volatility.


13. ₽ – Russian Ruble (RUB)

Widely used in charts and news, though forex platforms rely on the ISO code RUB rather than the symbol.


14. ₩ – South Korean Won (KRW)

Important for Asian traders and macro portfolios. Recognising ₩ helps when scanning regional news feeds.


15. ฿ – Thai Baht (THB)

Not to be confused with the Bitcoin symbol, international references to Thai Baht use ฿.


16. ₪ – Israeli Shekel (ILS)

Less common in retail forex but used in economic news and local quotes.


17. R$ – Brazilian Real (BRL)

Denoted with an R and a dollar sign. Commodity-driven currency, significant in USD/BRL and cross-pairs.


18. ₦ – Nigerian Naira (NGN)

Used in African currency trading and macro coverage, often seen in news about emerging markets.


19. ฿ (Bitcoin) – Digital Currency

Bitcoin Symbol

Used symbolically for Bitcoin trading. While not fiat, forex platforms increasingly integrate with crypto markets, so recognising the same glyph helps avoid confusion.


20. Emerging currencies via codes

Remaining currencies such as the Polish złoty (PLN), Hungarian forint (HUF), or UAE dirham (AED) seldom have unique symbols, making familiarity with ISO guidelines crucial.


How Currency Symbols Appear in Forex Trading Platforms

ISO Codes

Trading platforms typically show six-character pairs that combine two ISO codes. For example, EURUSD. Symbols like $, €, or £ may appear in account balances or reports. 


While the platform may not show every symbol graphically, understanding them helps interpret profit/loss displays, tickers, and regional news.


Practical Tips for Traders

Symbol ISO Code Currency Why It Matters
$ USD U.S. Dollar Most traded and global reserve currency
EUR Euro Major currency of eurozone
¥ JPY / CNH Yen / Offshore Yuan Major Asian currencies, distinguish CNH vs JPY
£ GBP British Pound High-volatility pair GBP/USD
Fr / CHF CHF Swiss Franc Safe-haven currency in forex
A$ AUD Australian Dollar Commodity-linked from Asia-Pacific
C$ CAD Canadian Dollar Correlated with oil prices
NZ$ NZD New Zealand Dollar Commodity-driven and used with AUD/NZD
INR Indian Rupee Major South Asian economy
PKR / LKR / NPR Pakistani/Sri Lankan/Nepal Rupee Regional forex coverage
TRY Turkish Lira Volatile EM currency
RUB Russian Ruble Emerging market, geopolitical sensitivity
KRW South Korean Won Industrial export-driven currency
฿/฿ THB / BTC Thai Baht / Bitcoin Distinguish fiat vs crypto symbol
ILS Israeli Shekel Regional EM currency indicator
R$ BRL Brazilian Real Latin American commodity currency
NGN Nigerian Naira African FX relevance
None PLN, HUF, AED Emerging Market Currencies No symbol usage—know ISO codes


When scanning charts or economic releases, always match symbols to ISO codes. Use platform tutorials or symbol legends if uncertain. Pay attention to regional reports using symbols like ₹ or ₨—they often link to local events or policies that may affect crossover pairs. 


Lastly, always check tickers before trade entries, as trading USD/BTC instead of USD/THB by accident can lead to significant losses.


Frequently Asked Questions


1. What Is the Difference Between a Currency Symbol and an Iso Currency Code?


Answer:

Currency symbols are visual representations (like £ for the British pound), while ISO codes are standardised three-letter codes (like GBP). Forex platforms utilise ISO codes for precision, but symbols often appear in charts, headlines, and reports.


2. Why Do Some Currency Symbols Look the Same, Like $ for USD, CAD, and AUD?


Answer:

The dollar sign ($) is shared among multiple currencies. To avoid confusion, traders rely on ISO codes such as USD (U.S. Dollar), CAD (Canadian Dollar), and AUD (Australian Dollar) when reading quotes and placing trades.


3. Do Trading Platforms Show Currency Symbols or Iso Codes?


Answer:

Most trading platforms display ISO currency codes (e.g., EUR/USD) to ensure consistency and avoid ambiguity. However, symbols like $, €, and £ may appear in wallet balances, account statements, or regional newsfeeds.


Conclusion


In conclusion, understanding and recognising currency symbols and ISO codes is a core skill for forex traders. It ensures clarity when interpreting charts, quotes, news, and reports across global and regional sources. 


The top 20 symbols listed above cover nearly all major and emerging currencies relevant to forex strategies. By learning them, you reduce risk, improve accuracy, and trade more confidently across markets.


Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

What Is the Gift Nifty Index? Everything You Should Know

What Is the Gift Nifty Index? Everything You Should Know

Gift Nifty is India’s USD-based Nifty futures traded at GIFT City, offering global investors extended access and early cues for Indian market direction.

2025-08-07
Best Forex Strategy: Cut Noise, Trade What Works

Best Forex Strategy: Cut Noise, Trade What Works

Cut the noise with a proven forex trading strategy. Leverage technical analysis, key forex indicators, and EBC’s expert analysis, webinars, and signal alerts.

2025-08-07
Which Country Currency Is Lower than India in 2025? Top 25

Which Country Currency Is Lower than India in 2025? Top 25

Explore the top 25 countries with weaker currencies than the Indian Rupee in 2025. Ideal for forex and investor enthusiasts.

2025-08-07