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Which currencies are considered hard currencies?

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Other currencies considered hard currencies include the euro, the British pound, the Japanese yen, the Canadian dollar, the Australian dollar, the New Zealand dollar, and the Swiss franc. read more

Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's hard status might include the long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. read more

Before deutschmark currency was considered the best of the hard currencies which was replaced by the euros, Soft currency: Soft currency is unstable, unconvertible with other currencies. It is such a currency where in, it can be converted to other soft currencies of other countries but not against the hard currencies. read more

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What is Hard Currency?
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