List Of Countries With Floating Currencies
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This is a list of countries by their
exchange rate In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of ...
regime.


Table of Monetary Policy framework


No legal tender of their own


US dollar as

legal tender Legal tender is a form of money that Standard of deferred payment, courts of law are required to recognize as satisfactory payment in court for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything ...

* * * * * * * * *


Euro as legal tender

* * * * * *


Australian dollar as legal tender

* * *


Swiss franc as legal tender

*


Currency board


US dollar as exchange rate

anchor An anchor is a device, normally made of metal, used to secure a vessel to the bed of a body of water to prevent the craft from drifting due to wind or current. The word derives from Latin ', which itself comes from the Greek (). Anch ...

* ( XCD) * ( DJF) * ( XCD) * ( XCD) * ( HKD) * ( XCD) * ( XCD) * ( XCD)


Euro as exchange rate anchor

* ( BAM) * ( BGN) * ( XPF)


Singapore dollar as exchange rate anchor

* ( BND)


Hong Kong dollar as exchange rate anchor

* ( MOP)


Conventional peg


US dollar as exchange rate anchor

* ( AWG) * ( AZN) * (
BSD The Berkeley Software Distribution (BSD), also known as Berkeley Unix or BSD Unix, is a discontinued Unix operating system developed and distributed by the Computer Systems Research Group (CSRG) at the University of California, Berkeley, beginni ...
) * ( BHD) * (
BBD BBD may stand for: Finance *Banco Bradesco, by NYSE ticker symbol *Bombardier Inc., by Toronto Stock Exchange symbol * Barbadian dollar, by ISO 4217 code Music *Bell Biv DeVoe, an R&B group ** ''BBD'' (album), 2001 **" B.B.D. (I Thought It Was ...
) * ( BZD) * ( BMD) * ( ANG) * ( ERN) * ( JOD) * ( OMR) * ( PAB) * ( QAR) * ( SAR) * ( ANG) * ( SSP) * ( TMT) * ( AED)


Euro as exchange rate anchor

* ( XOF) * ( XOF) * ( CVE) * ( XAF) * ( XAF) * ( XAF) * ( KMF) * ( XOF) * ( DKK) * ( XAF) * ( XAF) * ( XOF) * ( XOF) * ( XOF) * ( XAF) * ( STD) * ( XOF) * ( XOF)


Rand as exchange rate anchor

* ( SZL) * ( LSL) * (
NAD NAD or Nad may refer to: Geography * Nad, County Cork, a village in Ireland * North American Datum, a series of geographic coordinate systems * North Atlantic Drift, an Atlantic Ocean current * Hobli, a subdivision of a taluka in southern Ind ...
)


Composite exchange rate anchor

* ( FJD) * ( KWD) * ( LYD) * ( MAD) * ( WST)


Indian Rupee as exchange rate anchor

* ( BTN) * (
NPR National Public Radio (NPR) is an American public broadcasting organization headquartered in Washington, D.C., with its NPR West headquarters in Culver City, California. It serves as a national Radio syndication, syndicator to a network of more ...
)


Other

* ( SBD)


Stabilized arrangement


US dollar as exchange rate anchor

* ( GYD) * ( IQD) * ( KZT) * ( LBP) * ( MVR) * ( SRD) * ( TTD)


Euro as exchange rate anchor

* ( MKD)


Composite exchange rate anchor

* (
SGD The Singapore dollar (sign: S$; code: SGD) is the official currency of the Republic of Singapore. It is divided into 100 cents (, , ). It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated ...
) * ( VND)


Monetary aggregate target

* ( BDT) * (
BIF BIF or bif may refer to: Organisations * Benevolence International Foundation, part of al-Qaeda, posing as a charity * Brabrand IF, football club playing in the Danish 2nd Division * Brøndby IF, football club playing in the Danish Superliga * ...
) * ( CDF) * ( GNF) * ( LKR) * ( TJS) * (
YER A yer is either of two letters in Cyrillic alphabets, ъ (ѥръ, ''jerŭ'') and ь (ѥрь, ''jerĭ''). The Glagolitic alphabet used, as respective counterparts, the letters (Ⱏ) and (Ⱐ). They originally represented phonemically the "u ...
)


Other

* ( AOA) * ( AZN) * ( BOB)


Crawling peg


US dollar as exchange rate anchor

* (
NIO Nio or NIO may refer to: * NI Opera, Opera company * Nio (Buddhism), guardians of the Buddha * Nio Inc., a Chinese electric automobile manufacturer * Nicaraguan córdoba, currency by ISO 4217 currency code * National Institute of Oceanography (d ...
)


Composite exchange rate anchor

* ( BWP)


Crawl-like arrangement


US dollar as exchange rate anchor

* ( HNL) * ( JMD) * ( PGK)


Monetary aggregate target

* (
CNY The renminbi ( ; symbol: ¥; ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the People's Republic of China. The renminbi is issued by the People's Bank of China, the monetary authority of China ...
) * ( ETB) * ( UZS)


Inflation-targeting framework

* (
AMD Advanced Micro Devices, Inc. (AMD) is an American multinational corporation and technology company headquartered in Santa Clara, California and maintains significant operations in Austin, Texas. AMD is a hardware and fabless company that de ...
) * ( DOP) * ( GTQ)


Other

* (
BYR A year is a unit of time based on how long it takes the Earth to orbit the Sun. In scientific use, the tropical year (approximately 365 solar days, 5 hours, 48 minutes, 45 seconds) and the sidereal year (about 20 minutes longer) are more exa ...
) * ( HTG) * ( LAK) * ( CHF) * ( TND) * ( ARS)


Pegged exchange rate within horizontal bands


Composite exchange rate anchor

* (
TOP Top most commonly refers to: * Top, a basic term of orientation, distinguished from bottom, front, back, and sides * Spinning top, a ubiquitous traditional toy * Top (clothing), clothing designed to be worn over the torso * Mountain top, a moun ...
)


Other managed arrangement


US dollar as exchange rate anchor

* ( KHR) * ( LRD)


Composite exchange rate anchor

* ( DZD) * ( IRR) * ( SYP)


Monetary aggregate target

* ( GMD) * ( MMK) * ( NGN) * ( RWF)


Inflation-targeting framework

* (
CZK The koruna, or crown (currency sign, sign: Kč; ISO 4217, code: CZK, ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union's eight currencies, and the Czech Republic is legally bound to Czech Repub ...
)


Other

* ( CRC) * ( KGS) * (
MYR Million years ago, abbreviated as Mya, Myr (megayear) or Ma (megaannum), is a unit of time equal to (i.e. years), or approximately 31.6 teraseconds. Usage Myr is in common use in fields such as Earth science and cosmology. Myr is also used w ...
) * ( MRO) * ( PKR) * (
SDG SDG (and SDGs) are Sustainable Development Goals, a set of 17 global goals established by the United Nations. SDG may also refer to: Organizations * SDG Group, a management consulting firm * SDG Associates, an architectural firm in Detroit, Mich ...
) * ( VUV) * ( VED)


Floating


Monetary aggregate target

* ( AFN) * ( KES) * (
MGA Mga () is an types of inhabited localities in Russia, urban locality (an urban-type settlement) in Kirovsky District, Leningrad Oblast, Kirovsky District of Leningrad Oblast, Russia. Population: The name is almost certainly derived from the iden ...
) * ( MWK) * ( MZN) * ( SCR) * ( SLL) * ( TZS) * ( UAH) * ( UYU)


Inflation-targeting framework

* (
ALL All or ALL may refer to: عرص Biology and medicine * Acute lymphoblastic leukemia, a cancer * Anterolateral ligament, a ligament in the knee * ''All.'', taxonomic author abbreviation for Carlo Allioni (1728–1804), Italian physician and pro ...
) * ( BRL) * ( COP) * ( GEL) * ( GHS) * ( HUF) * ( ISK) * ( IDR) * ( ILS) * ( KRW) * ( MDL) * ( NZD) * ( PYG) * (
PEN PEN may refer to: * (National Ecological Party), former name of the Brazilian political party Patriota (PATRI) * PEN International, a worldwide association of writers ** English PEN, the founding centre of PEN International ** PEN America, located ...
) * (
PHP PHP is a general-purpose scripting language geared towards web development. It was originally created by Danish-Canadian programmer Rasmus Lerdorf in 1993 and released in 1995. The PHP reference implementation is now produced by the PHP Group. ...
) * (
RON Ron is a shortening of the name Ronald. Ron or RON may also refer to: Arts and media * Big Ron (''EastEnders''), a TV character * Ron (''King of Fighters''), a video game character *Ron Douglas, the protagonist in '' Lucky Stiff'' played by Joe ...
) * ( RSD) * ( ZAR) * ( THB) * ( TRY) * ( UGX)


Other

* ( PKR) * ( MUR) * ( MNT) * ( ZMW)


Free floating


Inflation-targeting framework

* (
AUD The Australian dollar ( sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Au ...
) * (
CAD Computer-aided design (CAD) is the use of computers (or ) to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer, improve the quality of design, improve c ...
) * ( CLP) * ( INR) * ( JPY) * ( MXN) * (
NOK Nok is a village in Jaba, Nigeria, Jaba Local Government Area of Kaduna State, Nigeria. The village is an archeological site. Archaeology The discovery of terracotta figurines at this location caused its name to be used for the Nok culture, ...
) * ( PLN) * ( SEK) * (
GBP Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency general ...
)


Other

* (
EUR The euro (symbol: €; currency code: EUR) is the official currency of 20 of the member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 10 ...
) :** :** :** :** :** :** :** :** :** :** :** :** :** :** :** :** :** :** :** :** * ( EGP) * ( RUB) * (
SOS SOS is a Morse code distress signal (), used internationally, originally established for maritime use. In formal notation SOS is written with an overscore line (), to indicate that the Morse code equivalents for the individual letters of "SOS" a ...
) * (
USD The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...
)


See also

*
Reserve currency A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, internat ...
*
Managed float regime A managed float regime, also known as a dirty float, is a type of exchange rate regime where a currency's value is allowed to fluctuate in response to foreign-exchange market mechanisms (i.e., supply and demand), but the central bank or monetary ...


References

{{reflist Lists of countries Currency lists Foreign exchange market