ISO 4217 added to the standard. A number of currencies are not included in ISO 4217, because these currencies are: (a) minor currencies pegged 1:1 to a larger currency, even if independently regulated (b) a legal tender only issued as commemorative banknotes or coinage, or (c) a currency of an unrecognized or partially recognized state. These currencies include: See for a list of all currently pegged currencies. Despite having no official recognition in ISO 4217, the following non-ISO codes are sometimes used locally or commercially. In addition, GBX is sometimes used (for example on the London Stock Exchange) to denote Penny sterling,
International standard to join forces to create the new International Organization for Standardization (ISO); the new organization officially began operations in February 1947. International standard International standards are standards developed by international standards organizations. International standards are available for consideration and use worldwide. The most prominent organization is the International Organization for Standardization (ISO). International standards may be used either by direct application or by a process of modifying an international standard to suit local conditions. The adoption of international standards results in the creation of equivalent, national standards that are substantially the same as international standards in technical content, but may