Can you name which currency pairs have nicknames Barnie and Betty? Yes, those from the Flinstones If you can, well done! If not, don’t worry, the world of forex (not forgetting forex trader names) and finance is filled with the imaginative, amusing and odd!
Which currency pairs have nickname Barney and Betty?
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Here is the list of nicknames for the most popular currencies and their pairs used by pro Forex traders and media outlets like Bloomberg, CNBC, Investopedia, FT etc.
- USD (U.S. Dollar) – Greenback or Buck
- GBP (British Pound) – Sterling
- EUR (Euro) – Fiber
- CHF (Swiss Franc) – Swissy
- CAD (Canadian Dollar) – Loonie
- AUD (Australian Dollar) – Aussie
- NZD (New Zealand Dollar)- Kiwi
- NOK (Norwegian Krone) – Noki
- SEK (Swedish Krona) – Stoki
- EUR/GBP (Euro/ British Pound) – Chunnel
- EUR/JPY (Euro/ Japanese Yen nickname) – Euppy
- EUR/USD (Euro/ U.S Dollar) – Fiber
- GBP/USD (British Pound/ U.S Dollar) – Cable
- GBP/JPY (British Pound) – Gopher
- USD/JPY (U.S Dollar/ Japanese Yen nickname) – Ninja
- USD/RUB ( U.S Dollar/ Russian Ruble) – Barney
- EUR/RUB ( Euro / Russian Ruble) – Betty
- EUR/BTC ( EURO/Bitcoin ) – Nakamoto
How many currencies are in the world?
There are 180 currencies globally, as recognized by the United Nations. The most popular one is definitely USD that is used as a reserve currency, also known as the “reserve currency of the world”.
In terms of longevity, the British pound is by far the oldest, having a history of over 1200 years. South Sudanese pound, on the other hand, is the newest currency we know of. It was made official on July 18, 2011, in South Sudan.
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A Rally for the Buck?
With a new president coming to the White House, the U.S. Dollar has been rallying recently. A U.S. Dollar is also called a buck from the time when hunters used to use the skin of the male deer for trading. A male deer is called a buck, and the name stuck when paper money became common. So if you hear on Bloomberg that “the buck is rallying” that means the U.S. Dollar is increasing.
Sterling stumbles?
The official currency of the United Kingdom of Great Britain is called the Pound Sterling. So if you hear that the “Sterling has stumbled” that means that the Pound has gone down in value compared to other currencies. This can happen when bad financial news affects the UK, such as when the Brexit vote occured.
Why Is The Euro Called the “Fiber”?
The Euro has attracted the nickname “Fiber” which is taken to be a reference to the new age cotton polymer fiber blend that is used in each banknote
Why do Canadians use Loonies?
Canada introduced a new one dollar coin in 1987. The image on one side is of a common bird, the loon in front of a Canadian landscape. Since then, both the dollar coin and the currency have been known as the “loonie”.
Kiwi slips?
Half a world away, New Zealand also uses a bird as a nickname for its currency. The tini Kiwi bird is native to New Zealand and the local currency is called the “Kiwi Dollar” or “Kiwi” for short. So if you hear a commentator saying “the Kiwi has slipped” it means it has declined in value.
USD/JPY – Ninja in the news
Japanese currency is known as the Yen, and is unique because it is much higher denomination than most other major currencies. For example, one U.S. Dollar is currently equal to around 115 Yen!
Which currency pair is the Chunnel?
Another odd currency pair name is the “Chunnel”. This is the pair between the Great Britain Pound and the Euro. The pair takes its name from the English channel tunnel that connect the UK and France.
AUD/USD – aussie and ozzy, why?
Australians are well known for shortening names into nicknames and the AUD to USD currency pair is another name for forex trader nicknames. The pair is simply referred to as the “Aussie”.
Currency trading can seem confusing at first, but the interesting nicknames used by insiders make it really easy to learn and remember the dozens of currencies and pairs. Keep coming back and you’ll be an expert in no time!
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