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Yuan dynasty banknotes are the earliest known fiat money. Fiat money is a currency established as money by government regulation or law. The term derives from the Latin fiat (let it become, it will become) used in the sense of an order or decree. It differs from commodity money and representative money.
Currency Acronyms and Abbreviations. All currencies around the world have an internationally accepted 3 letter acronym. The first 2 letters abbreviate the country name and the last is the currency abbreviation. For example: GBP is Great Britain Pound. This is the ISO 4217 international standard.