ISO 4217 or banking. At the 17th session (February 1978), the related UN/ECE Group of Experts agreed that the three-letter alphabetic codes for International Standard ISO 4217, "Codes for the representation of currencies and funds", would be suitable for use in international trade. Over time, new currencies are created and old currencies are discontinued. Frequently, these changes are due to the formation of new governments, treaties between countries standardizing on a shared currency, or revaluation of an existing currency due to excessive inflation. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency
ISO/IEC JTC 1/SC 24 ISO/IEC JTC 1/SC 24 ISO/IEC JTC 1/SC 24 Computer graphics, image processing and environmental data representation is a standardization subcommittee of the joint subcommittee ISO/IEC JTC 1 of the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), which develops and facilitates standards within the field of computer graphics, image processing, and environmental data representation. The international secretariat of ISO/IEC JTC 1/SC 24 is the British Standards Institute (BSI) located in the United Kingdom. ISO/IEC JTC 1/SC 24 was formed in 1987 from ISO/TC 97 as a result of Resolution 21 at the ISO/IEC JTC 1 plenary. The