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This numeric code is usually the same as the ISO 3166-1 numeric code.

For example, USD (the United States dollar) is equal to 100 of its minor currency unit the "cent".ISO 4217 is a standard first published by International Organization for Standardization in 1978, which delineates currency designators, country codes (alpha and numeric), and references to minor units in three tables: The ISO 4217 code list is used in banking and business globally.In many countries the ISO codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the different currencies, instead of translated currency names or ambiguous currency symbols.According to UN/CEFACT recommendation 9, paragraphs 8–9 ECE/TRADE/203, 1996, available online: 8.In applications where monetary resources associated with a currency (i.e.

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