COMPARATIVE STUDY OF WORLDWIDE CURRENCIES

.Tabular representation of comparative study

.Short-notes on some worldwide currencies

.Diagrammatic representation- PIE CHART

.Diagrammatic representation- BAR DIAGRAM

Contents:

TABULAR REPRESENTATION

Name of country

Currency Comparison with India (In Rupees)

% of daily share

United Kingdom

Euro 77.821 33.4

United States Of America

American Dollar

61.306 87

Australia Australian Dollar

53.798 8.6

Canada Canadian Dollar

55.061 4.6

New Zealand New Zealand Dollar

48.312 2

Switzerland Swiss Franc 64.478 5.2

Exchange Rate of Indian Rupee with other currencies

Short-notes on some worldwide currencies Euro- The euro is the currency used by the Institutions of the European Union and is the official currency of the euro zone. The euro is the second largest reserve currency and the second most traded currency in the world after the United States dollars. Based on IMF estimates of 2008 GDP, the euro zone is the second largest economy in the world.U.S. Dollar-The United States dollar is referred to as the American dollar or Federal Reserve Note. It is the official currency of the United States and its overseas territories. It consists of 100 smaller cent units. The U.S. dollar is fiat money. It is the currency most used in international transactions and is the world’s most dominant reserve currency.

Australian Dollar- The Australian dollar is the currency of the commonwealth of Australia. Within Australia, it is almost always abbreviated with the dollar ($) sign, with A$ sometimes used to distinguish it from dollar -denominated currencies. It is subdivided into 100 cents. AUD is the 5th most traded currency in the world, accounting for 7.6% of the world’s daily share.New Zealand Dollar-The New Zealand dollar is the currency of New Zealand. It is divided into 100 cents. It is normally written with the sign $ or NZ$ to distinguish it from other dollar denominated currencies. In the context of currency trading, it is often informally called the “kiwi”. It is one of the ten most traded currencies, being 2% of global foreign exchange market daily turnover.

Canadian Dollar- The Canadian Dollar is the official currency of Canada. It is abbreviated with the dollar sign ($) or C$. It is divided into 100 cents. Owing to the image of a loon on the one-dollar win, the currency is sometimes referred to as the loonie. The first paper money issued in Canada denominated in dollars was British army bills, issued between 1813 and 1815.Swiss Franc- The Franc is the currency and legal tender of Switzerland and Liechtenstein; it is also legal tender in the Italian exclave Campione d’italia. The Swiss National Bank issues banknotes and the federal mint. The smaller denomination, a 100th of a franc, is a Rappen in German. The ISO code of the currency used by banks is CHF.

DIAGRAMMATIC REPRESENTATION- PIE CHART

Euro22%

American Dollar17%

Australian Dollar15%

Canadian Dollar15%

New Zealand Dollar13%

Swiss Franc18%

Comparison of Exchange Rate of Indian Rupeewith other currencies

DIAGRAMMATIC REPRESENTATIONBAR DIAGRAM

Comparison of exchange rate of Indian Rupees with worldwide currencies from 2011 to 2014

2011 2012 2013 20140

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New ZealandEuroCanadian dollarsAustralian dollarsSwiss francAmerican dollars