Forex Trading Essential Knowledge | Global Currency Symbols Quick Reference Guide and TWD Symbol Input Tips

Why Do Forex Traders Need to Master Currency Symbols?

In international investing and Forex trading, quickly identifying each country’s currency symbol is crucial. When browsing Forex market data, visual indicators such as the Euro (€), US Dollar ($), and New Taiwan Dollar (NT$) help traders determine the involved currencies and the scale of amounts within seconds. Compared to writing out “50 US Dollars” or “100 New Taiwan Dollars,” using symbols directly (e.g., $50, NT$100) not only improves reading efficiency but also reduces writing complexity—especially important in fast-moving trading environments.

The essence of currency symbols is a visual abbreviation that allows traders to instantly lock onto currency pairs, such as the common EUR/USD, GBP/JPY, etc., relying on accurate understanding of each symbol.

Global Mainstream Currency Symbols Lookup Table

The following table covers major currencies from different regions and countries, including their codes, symbols, and continents, for quick reference:

Quick Input Methods for Common Currency Symbols on Computers

Mastering shortcut keys can significantly boost efficiency. Here are practical tips for inputting common currency symbols (including NT$) on Mac and Windows:

For NT$, on Windows systems, you can type directly via input methods or copy-paste; on Mac, use the symbol panel to search “dollar” and select the Taiwan dollar version.

Commonly Confused Currency Symbols

￥ Symbol’s Dual Identity

The “￥” symbol is used by two major economies in Asia, which can cause confusion:

• In China, it represents Renminbi (CNY)
• In Japan, it represents Yen (JPY)

To avoid ambiguity, the international convention is to prefix with the currency code: CNY￥200 means “200 RMB,” JPY￥200 means “200 Yen.”

$ Symbol’s Global Usage

The “$” symbol appears to be exclusive to the US Dollar but is actually used as the local currency symbol in over 30 countries and regions, including:

Using region-specific prefixes (like NT$ for Taiwan Dollar) in international documents helps prevent misreading.

฿ Symbol’s Different Meanings in Different Contexts

The “฿” symbol has dual meanings, representing different assets depending on context:

• In traditional Forex markets: Thailand Baht (THB)
• In cryptocurrency: Bitcoin (BTC)

Traders must interpret the symbol based on the trading environment.

Practical Application of Forex Currency Pair Symbols

The core of Forex trading is currency pairs—representing the exchange rate between two currencies. The notation includes two parts:

Base Currency: The currency being bought or sold in the transaction
Quote Currency: The reference currency used to measure the value of the base currency

For example, USD/GBP indicates “how many British pounds for one US dollar.” If the quote is 1.27, then 1 USD = 1.27 GBP.

Common Forex pairs include EUR/USD, GBP/JPY, AUD/USD, etc. Understanding these symbols precisely allows traders to quickly identify market trends and execute strategies efficiently.

On platforms like Gate.io and other global trading platforms, mastering the meanings of various currency symbols and quick input methods is fundamental to improving trading efficiency. Whether it’s the US Dollar, Euro, or Taiwan Dollar, each symbol represents a unique economy and trading opportunity.