What is moneda?

Moneda

The term "moneda" is the Spanish and Portuguese word for currency. It is a general term used to refer to the money in circulation within a specific country or economic area. It can encompass various forms, including banknotes, coins, and even electronic forms of payment. Understanding the specifics of a given "moneda" requires identifying the country or region using it. For example, the "moneda" of Mexico is the Mexican Peso. Furthermore, it can also be used in relation with foreign%20exchange operations, when you are dealing with currencies from other countries.