Commodity currency

Commodity currency
Foreign exchange

Exchange rates
Currency band
Exchange rate
Exchange rate regime
Exchange rate flexibility
Dollarization
Fixed exchange rate
Floating exchange rate
Linked exchange rate
Managed float regime

Markets
Foreign exchange market
Futures exchange
Retail forex

Assets
Currency
Currency future
Non-deliverable forward
Forex swap
Currency swap
Foreign exchange option

Historical agreements
Bretton Woods Conference
Smithsonian Agreement
Plaza Accord
Louvre Accord

See also
Bureau de change / currency exchange (office)
Hard currency

A commodity currency is a name given to currencies of countries which depend heavily on the export of certain raw materials for income. These countries are typically developing countries, eg. countries like Burundi, Tanzania, Papua New Guinea; but also include developed countries like Canada and Australia.

In the foreign exchange market, commodity currencies generally refer to the Australian dollar, Canadian dollar, New Zealand dollar, Norwegian krone, South African rand, Brazilian real, and the Chilean peso.

See also

External links


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