Currency Identifier

From Open Risk Manual

Definition

Currency Identifier. The trigraph representing a Currency

Structure

  • The first (left-most) two characters of the currency identifier provide a code unique to the currency authority to which it is assigned. Wherever practicable, it is derived from the geographical location of the currency authority, as described in ISO 3166.
  • The third (right-most) character of the identifier (alphabetic code) is an indicator, preferably mnemonic, derived from the name of the major currency unit or fund.
  • Where the currency is not associated with a single geographical entity as described in ISO 3166-1, a specially allocated identifier (alpha-2 code) will be used to describe the currency authority. This code will be allocated by the Maintenance Agency from within the user-assigned range of codes XA to XZ specified in 8.1.3 of ISO 3166-1:1997. * The character following X will be a mnemonic, where possible, derived from the name of the geographical area concerned.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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