noun · neutral

currency

UK/ˈkʌr.ən.si/US/ˈkɝː.ən.si/CUR·ren·cy

Band 5-6task2speaking

the system of money used in a particular country

Examples

You should check the exchange rate before converting currency.

Many countries introduced a new currency after the reform.

Foreign currency can be more expensive to withdraw at some ATMs.

Band 8 sentence

Given volatile markets, investors often diversify their holdings across several currencies to reduce risk.

Collocations

  • foreign currency
  • currency exchange
  • currency rate

Word family

currencies noun (plural)currency exchange noun phrase

Common mistakes

All countries have different currencyAll countries have different currencies

Say it for a higher band

5money6cash7+currency

Synonyms

money

Easily confused

money

He carried enough money for the weekend.

banknote

She paid with a fifty-pound banknote.

Related words

Learn this word with the rest of its set, and get reminded at the right time.

In Shopping & Money

Learn it with its set