ELI5: Explain Like I'm 5

Currency codes

Hello kiddo! Let's talk about currency codes. You know how we use money to buy things, right? Well, every country has its own type of money, which is called a currency. For example, the United States uses dollars, Japan uses yen, and the United Kingdom uses pounds.

Now, to keep things organized, every currency has a code. It's like a secret way to talk about money that everyone agrees on. It's like if you had a special name for your favorite toy that only you and your friends know.

The currency codes usually have three letters, like USD for the US dollar, JPY for the Japanese yen, and GBP for the British pound. These codes are used when we buy things online or when we exchange money when we travel to another country. This way, we always know what kind of money we are dealing with, even if we don't speak the same language.

In summary, currency codes are special names for different types of money from different countries, and they help us talk about money in a way that everyone can understand.
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