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
Brazilian National Standards Organization Brazilian National Standards Organization The Brazilian Association of Technical Standards, usually rendered in Portuguese as Associação Brasileira de Normas Técnicas (ABNT) is a private non-profit organization and the normative body which is responsible for technical standards in Brazil, and intends to promote technological development in the country. Brazilian national standards published by the association are named "Norma Brasileira Regulamentadora" and abbreviated NBR. ABNT was founded in 1940. It was officially adopted by the Brazilian government in 1962. It is a founding member of the "International Organization for Standardization" (ISO), the Panamerican Standards Commission (COPANT) and the Asociación Mercosur de Normalización