Does Bitcoin have an ISO code?
Does Bitcoin have an ISO code?
The ISO 4217 currency code for Bitcoin is XBT. However, at the moment it is an unofficial code according to the ISO 4217 standard. The unit name BTC is also commonly used to represent one bitcoin, but it violates ISO 4217 because it begins with “BT”, the country code of Bhutan.
What is ISO Crypto?
Crypto rising ISO already has a standard for “real” currency, ISO 4217. This has been in use since 1978 and lists currency codes based on World Bank verifications. These codes are three digits, such as EUR for euro, USD for United States dollar, and are used by banks around the world in their financial transactions.
What is the currency code for South Africa?
ISO 4217 is the international standard describing three-letter codes known as the currency code. (Example:ZAR is the currency code for the South Africa South African Rand) This code defines the names of currencies established by the International Organization for Standardization (ISO).
What is the ISO code for the South African rand?
The South African Rand, which is the official currency of South Africa, has the ISO 4217 Code of ZAR. The corresponding ISO-4217 Code Number for ZAR is 710. The ZAR ISO code has a currency exponent of 2. The International Organization for Standardization (ISO) is an international standard setting body of representatives…
What is the ZAR code for South Africa?
More Currencies. The South African Rand, which is the official currency of South Africa, has the ISO 4217 Code of ZAR. The corresponding ISO-4217 Code Number for ZAR is 710.
What is the international standard for currency codes?
ISO 4217 is the International Standard for currency codes. The most recent edition is ISO 4217:2015. The purpose of ISO 4217:2015 is to establish internationally recognised codes for the representation of currencies. Currencies can be represented in the code in two ways: a three-letter alphabetic code and a three-digit numeric code.
