[Webfunds-users] ISO words

Mon, 05 Feb 2001 16:23:26 +0000

--On 04 February 2001 11:53 -0800 Charles Evans <cwe@chyden.net> wrote:

> XAG, XAU, XPD, and XPT (the X-prefix designations) are the
> international-style designations that the industry chose a long time ago
> for the four precious metals: silver (Ag), gold (Au), palladium (Pd), and
> platinum (Pt).

For the curious...

The ISO spec gives 5 pieces of information for each currency: Entity, 
Currency, Alphabetic Code, Numeric Code and Minor Unit.

For example, the British pound is denominated thus :

Entity = United Kingdom
Currency = Pound Sterling
Alphabetic Code = GBP
Numeric Code = 826
Minor Unit = 2

The Andorran Peseta is :

Entity = Andorra
Currency = Andorran Peseta
Alphabetic Code = ADP
Numeric Code = 020
Minor Unit = 0

Gold, on the other hand is :

Entity = "Entity not applicable"
Currency = "Gold" (no unit given)
Alphabetic Code = XAU
Numeric Code = 959
Minor Unit = "N.A."

Rachel