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vocaboo
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currencies

Pronunciation: [ˈkɜrənˌsiz]

Word

Context: "economics"

(noun) currencies are the different kinds of money that countries use. Just like how we use dollars in the United States, other countries have their own types of money, like euros or yen.

Example

The currencies of many countries are traded in the foreign exchange market every day.

Example

The currencies of two different countries can lose value against each other.

Example

What are the most popular currencies used around the world?

Context: "exchange"

(noun) currencies can also refer to different types of assets or things of value used for trade or exchange. This can include things like loyalty points or digital currencies like bitcoins.

Example

In today’s digital world, cryptocurrencies are becoming important currencies.

Example

Some people don’t see loyalty points as real currencies because they can't use them everywhere.

Example

How does a person convert their cryptocurrencies into traditional currencies?

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