Forex Glossary


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ADF: Currency code for Andorran Franc (ADF). The Andorran franc was replaced by euro (EUR) as the national currency of Andorra in 1999. Prior to this replacement Andorran franc was pegged at parity with French franc.

AED: Currency code for United Arab Emirates Dirham. It is often represented with a symbol Dhs or DH. AED is divided into 100 fuloos (plural for fils).

AFA: Currency code for Afghanistan afgani. It is divided into 100 puls.

ALL: Currency code for Albanian Lek. It is represented with the symbol “leke”. ALL is divided into 100 qindarka.

ANG: Currency code for Netherlands Antilles Guilter. It is made up of 100 cents.

AON: Currency code for Angolan Novo Kwanza, the second currency of Angola. It was used as a primary currency of Angola from 1990 to 1995 and it had no sub units.

Appreciation: When the value of a currency increases as compared to another currency and the currency becomes stronger, it is called appreciation.

ARP: Currency code for Argentinian Peso, one of the previously used currencies of Argentina.

ARS: Currency code for Argentinian Neuvo Peso. It is made up of 100 centavos.

Ask Price: This is the price at which the sellers are willing to sell the base currency.

AUD: Currency code for Australian dollar. It is made up of 100 cents.

Aussie: A slang for Australian Dollar in the forex market.

AWG: Currency code for Aruban Florin. AWG is made up of 100 cents.