Economy, asked by Yashsanghvi, 1 year ago

difference between money and currency

Answers

Answered by gungun122
0
money is also meant by cash and currency is the type of money in that place

Yashsanghvi: in breif
Answered by nikolatesla2
1
Currency has no intrinsic value!. ... Gold Silver explains that the most significant difference between money and currency is that currency does not have consistent value. Currency is used as a physical representation of value that changes over time and varies from one country to the next.

A currency (from Middle English: curraunt, "in circulation", from Latin: currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.
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