|Many of the world's currencies are of the same name but with the country name prefixed. For instance the main currencies of the world are dollars, pounds and francs. French influenced countries, particularly those colonised by the French in the African continent. For example the main currency accepted in many African nations is the Central African Franc. |
Dollars dominate much of the world currency network and without doubt the world's most universally accepted and recognised currency is the US Dollar. Hard cash dollars can even be used above local currencies in many of the Southeast Asian countries. Canadians and Australians also use their own form of the dollar as their official currency.
The pound is also a strong currency and not just the British Pound Sterling either. Egypt, Lebanon and Syria all use their own pound. The dinar is also a very popular currency, especially throughout the Middle East and Africa. In the early part of 2001, many of the European countries opted for the single currency, the Euro. This meant that there would be no need to exchange one currency to another at many of the common European border controls.
Germany, Ireland, Luxembourg, Belgium, the Netherlands, Finland, France, Italy and Spain all chose to abolish their traditional currencies in favour of the Euro. As it stands, the Euro is a strong currency of the world and compares favorably against both the Pound Sterling and the US Dollar.