English Currency Types

W

Wayne in Seattle

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Wayne in Seattle

What is the difference in Excel, under Format Cells, Number tab:

$
$ English (United States)
$ English (Canada)

Thank you for your help,
 
D

Dave F

Many countries, including the US and Canada use $ as the symbol for their
currency. $ therefore is a generic symbol used when a spreadsheet only
considers one dollar-denominated currency.

If a spreadsheet is contemplating an investment of American dollars in a
Canadian company, then you need separate symbols to differentiate between the
two countries' currency. Just wait till you have a model contemplating
Australian, Singaporean, American, and Canadian equities.

Dave
 
B

Bernard Liengme

This does not explain why there are £ (UK) and £ (Welsh)
But there is no £ (Scottish) nor £ (Isle of Man) nor £ (Channel Islands)
I think the reason is more subtle than you suggest
best wishes
 
W

Wayne in Seattle

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Wayne in Seattle

Thank you Dave, that makes sense. Also, thank you for keeping it concise.

Cheers,

Wayne
 
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