English Reference

Word

currency

Phoneticscur·ren·cy, stress on the first syllable

US/ˈkɝənsi/

UK/kˈʌɹənsi/

Definitions

01money system

B1 · Intermediate Countable noun General-service

n. the system of money that a country uses.

n. a system of money in general use in a particular country.

“When you travel to Japan, you will need to exchange your money for the local currency.”

“The sudden devaluation of the national currency led to a sharp increase in the cost of imported goods and services.”

Usage

Countable when referring to different national systems; uncountable when referring to the concept of money.

Synonyms

moneylegal tendercash

02general acceptance

C1 · Advanced Uncountable noun Academic · Formal

n. the state of being commonly accepted, used, or believed by many people.

n. the quality or state of being current; general acceptance, recognition, or prevalence.

“The idea that we only use ten percent of our brains still has a lot of currency today.”

“The theory gained currency among sociologists in the late nineties, though it has since been challenged by more recent empirical data.”

Usage

Usually uncountable in this sense.

Antonyms

Collocations

Common phrases and expressions where native English speakers use the word “currency” in context.

Verb

01. exchange currency

“We need to exchange currency at the airport before we catch our taxi.”

verb + noun

02. gain currency

“The idea that remote work is more productive has gained currency recently.”

verb + noun

Adjective

03. foreign currency

“It is often cheaper to buy foreign currency online than at a bank.”

adj + noun

04. local currency

“The shops in this small village only accept the local currency.”

adj + noun

05. stable currency

“Investors prefer to keep their money in a stable currency like the Swiss Franc.”

adj + noun

Noun

06. currency exchange

“Where is the nearest currency exchange office in this city?”

noun + noun

07. devaluation of currency

“The sudden devaluation of currency made imported goods very expensive.”

noun + of + noun

Etymology

Borrowed from Medieval Latin currentia, from Latin currēns, from currō. By surface analysis, current + -cy.

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

Word family

NOUN

currency(B1)

ADJECTIVE

Related words

This entry

Exam level
CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.B1 PreliminaryIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.4.0–5.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 3.0–3.544–71TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.550–784
Frequency
Common
Level
B1 · IntermediateOxford
Updated

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