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What is the difference between 元 (圓), 幣, and 金?

What is the difference between 列车 and 火车What is the difference between 群 and 羣?What is the difference between “比照” and “比较”？What is the difference between 只要 and 如果?What is the difference between 诡异 and 奇诡?What is the difference between 退欧 and 脱欧?What is the difference between 目前 and 现在?What is the difference between 拥堵 and 堵车?What is the difference between 回答 and 答复?What is the difference between 華誕 and 誕辰?

2

In currency exchange booths, and in conversation, I've noticed this:

• US dollar = 美元, 美金.


• Hong Kong dollar = 港幣


• Japanese Yen = 日元


• Singapore dollar = 新幣


• Euro = 歐元

There's also 英磅 for the pound sterling, but I understand where that comes from.

What is the difference between 元 (圓), 幣, and 金? Is there a rule for using one over the other? Or is usage based on historical and/or personal preferences?

I've personally never seen anyone use "日幣", "歐金", etc.

word-choice usage difference

share|improve this question

edited 8 hours ago

Flux

asked 10 hours ago

FluxFlux

1947

• 
  
  
  

  
  

  
  
  
  
  
  

  
  
  日圓 is most likely due to it being 圓 (円) in Japanese.
  
  – droooze
  10 hours ago
  

  
  
  
  

add a comment | 

2

In currency exchange booths, and in conversation, I've noticed this:

• US dollar = 美元, 美金.


• Hong Kong dollar = 港幣


• Japanese Yen = 日元


• Singapore dollar = 新幣


• Euro = 歐元

There's also 英磅 for the pound sterling, but I understand where that comes from.

What is the difference between 元 (圓), 幣, and 金? Is there a rule for using one over the other? Or is usage based on historical and/or personal preferences?

I've personally never seen anyone use "日幣", "歐金", etc.

word-choice usage difference

share|improve this question

edited 8 hours ago

Flux

asked 10 hours ago

FluxFlux

1947

• 
  
  
  

  
  

  
  
  
  
  
  

  
  
  日圓 is most likely due to it being 圓 (円) in Japanese.
  
  – droooze
  10 hours ago
  

  
  
  
  

add a comment | 

In currency exchange booths, and in conversation, I've noticed this:

• US dollar = 美元, 美金.


• Hong Kong dollar = 港幣


• Japanese Yen = 日元


• Singapore dollar = 新幣


• Euro = 歐元

There's also 英磅 for the pound sterling, but I understand where that comes from.

What is the difference between 元 (圓), 幣, and 金? Is there a rule for using one over the other? Or is usage based on historical and/or personal preferences?

I've personally never seen anyone use "日幣", "歐金", etc.

word-choice usage difference

share|improve this question

edited 8 hours ago

Flux

asked 10 hours ago

FluxFlux

1947

share|improve this question

edited 8 hours ago

Flux

asked 10 hours ago

FluxFlux

1947

share|improve this question

edited 8 hours ago

Flux

asked 10 hours ago

FluxFlux

1947

asked 10 hours ago

FluxFlux

1947

asked 10 hours ago

FluxFlux

1947

1 Answer
1

active

oldest

votes

2

元/圓 (dollar) is a unit of money, 澳洲元/圓 = Australian Dollar; 美元/圓 = US Dollar

圓 is the correct character, 元 is a sound-alike shorthand

Japan only use 圓, therefore, 日圓 = Japanese Yen

幣 means 'coin' , referring to currency, 人民幣(People's coin) = China's currency; 新台幣 (New Taiwan coin) = Taiwan's currency

It is correct that choosing 圓 or 幣 mostly based on historical or personal preferences. Historically 圓 is more colloquial, general public would refer foreign coins as 圓; while 幣 is more formal and literary.

Calling 美元 as 美金 is a unique case. No other country's currency is called 金.

Back in the days when US tried to make US dollar the common currency of the world thus enable America to gain control of the world trade, they announced US dollar's value will be hooked with America's gold reserve . It meant America could only issue the amount of currency with equal value of gold in reserve. That effectively made US dollar as trust worthy as gold. American dollar was in effect, American gold. They could do that because at that time they had the largest gold reserve in the world.

Nowadays it is no longer the case, US dollar no longer hooked up with gold's value, it is now based only upon the trust on America's economy

share|improve this answer

edited 9 hours ago

answered 10 hours ago

Tang HoTang Ho

29.9k1741

• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  Japanese use 圓 instead of 元 as a unit of money I'd rather say that Chinese uses 元 as a shorthand of 圓, because they're pronounced the same in Mandarin. 元 is non-official.
  
  – droooze
  10 hours ago
  
  
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  Is 元 vs. 圓 also based on personal preferences? On Hong Kong dollar bank notes, I see 壹佰元, whereas on New Taiwan dollar bank notes, I see 壹佰圓.
  
  – Flux
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  圓 and 元 are just difference in character choice,
  
  – Tang Ho
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  @droooze The Hong Kong dollar uses 元.
  
  – Flux
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  元 and 圓 are different words. They're pronounced identically in Mandarin and Cantonese, but not so in some other languages (notably Min topolects).
  
  – droooze
  10 hours ago
  

  
  
  
  

 | 
show 1 more comment

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2

元/圓 (dollar) is a unit of money, 澳洲元/圓 = Australian Dollar; 美元/圓 = US Dollar

圓 is the correct character, 元 is a sound-alike shorthand

Japan only use 圓, therefore, 日圓 = Japanese Yen

幣 means 'coin' , referring to currency, 人民幣(People's coin) = China's currency; 新台幣 (New Taiwan coin) = Taiwan's currency

It is correct that choosing 圓 or 幣 mostly based on historical or personal preferences. Historically 圓 is more colloquial, general public would refer foreign coins as 圓; while 幣 is more formal and literary.

Calling 美元 as 美金 is a unique case. No other country's currency is called 金.

Back in the days when US tried to make US dollar the common currency of the world thus enable America to gain control of the world trade, they announced US dollar's value will be hooked with America's gold reserve . It meant America could only issue the amount of currency with equal value of gold in reserve. That effectively made US dollar as trust worthy as gold. American dollar was in effect, American gold. They could do that because at that time they had the largest gold reserve in the world.

Nowadays it is no longer the case, US dollar no longer hooked up with gold's value, it is now based only upon the trust on America's economy

share|improve this answer

edited 9 hours ago

answered 10 hours ago

Tang HoTang Ho

29.9k1741

• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  Japanese use 圓 instead of 元 as a unit of money I'd rather say that Chinese uses 元 as a shorthand of 圓, because they're pronounced the same in Mandarin. 元 is non-official.
  
  – droooze
  10 hours ago
  
  
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  Is 元 vs. 圓 also based on personal preferences? On Hong Kong dollar bank notes, I see 壹佰元, whereas on New Taiwan dollar bank notes, I see 壹佰圓.
  
  – Flux
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  圓 and 元 are just difference in character choice,
  
  – Tang Ho
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  @droooze The Hong Kong dollar uses 元.
  
  – Flux
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  元 and 圓 are different words. They're pronounced identically in Mandarin and Cantonese, but not so in some other languages (notably Min topolects).
  
  – droooze
  10 hours ago
  

  
  
  
  

 | 
show 1 more comment

2

元/圓 (dollar) is a unit of money, 澳洲元/圓 = Australian Dollar; 美元/圓 = US Dollar

圓 is the correct character, 元 is a sound-alike shorthand

Japan only use 圓, therefore, 日圓 = Japanese Yen

幣 means 'coin' , referring to currency, 人民幣(People's coin) = China's currency; 新台幣 (New Taiwan coin) = Taiwan's currency

It is correct that choosing 圓 or 幣 mostly based on historical or personal preferences. Historically 圓 is more colloquial, general public would refer foreign coins as 圓; while 幣 is more formal and literary.

Calling 美元 as 美金 is a unique case. No other country's currency is called 金.

Back in the days when US tried to make US dollar the common currency of the world thus enable America to gain control of the world trade, they announced US dollar's value will be hooked with America's gold reserve . It meant America could only issue the amount of currency with equal value of gold in reserve. That effectively made US dollar as trust worthy as gold. American dollar was in effect, American gold. They could do that because at that time they had the largest gold reserve in the world.

Nowadays it is no longer the case, US dollar no longer hooked up with gold's value, it is now based only upon the trust on America's economy

share|improve this answer

edited 9 hours ago

answered 10 hours ago

Tang HoTang Ho

29.9k1741

• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  Japanese use 圓 instead of 元 as a unit of money I'd rather say that Chinese uses 元 as a shorthand of 圓, because they're pronounced the same in Mandarin. 元 is non-official.
  
  – droooze
  10 hours ago
  
  
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  Is 元 vs. 圓 also based on personal preferences? On Hong Kong dollar bank notes, I see 壹佰元, whereas on New Taiwan dollar bank notes, I see 壹佰圓.
  
  – Flux
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  圓 and 元 are just difference in character choice,
  
  – Tang Ho
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  @droooze The Hong Kong dollar uses 元.
  
  – Flux
  10 hours ago
  

  
  
  
  


• 
  
  
  

  
  1
  

  
  
  
  
  
  

  
  
  元 and 圓 are different words. They're pronounced identically in Mandarin and Cantonese, but not so in some other languages (notably Min topolects).
  
  – droooze
  10 hours ago
  

  
  
  
  

 | 
show 1 more comment

元/圓 (dollar) is a unit of money, 澳洲元/圓 = Australian Dollar; 美元/圓 = US Dollar

圓 is the correct character, 元 is a sound-alike shorthand

Japan only use 圓, therefore, 日圓 = Japanese Yen

幣 means 'coin' , referring to currency, 人民幣(People's coin) = China's currency; 新台幣 (New Taiwan coin) = Taiwan's currency

It is correct that choosing 圓 or 幣 mostly based on historical or personal preferences. Historically 圓 is more colloquial, general public would refer foreign coins as 圓; while 幣 is more formal and literary.

Calling 美元 as 美金 is a unique case. No other country's currency is called 金.

Back in the days when US tried to make US dollar the common currency of the world thus enable America to gain control of the world trade, they announced US dollar's value will be hooked with America's gold reserve . It meant America could only issue the amount of currency with equal value of gold in reserve. That effectively made US dollar as trust worthy as gold. American dollar was in effect, American gold. They could do that because at that time they had the largest gold reserve in the world.

Nowadays it is no longer the case, US dollar no longer hooked up with gold's value, it is now based only upon the trust on America's economy

share|improve this answer

edited 9 hours ago

answered 10 hours ago

Tang HoTang Ho

29.9k1741

share|improve this answer

edited 9 hours ago

answered 10 hours ago

Tang HoTang Ho

29.9k1741

answered 10 hours ago

Tang HoTang Ho

29.9k1741

answered 10 hours ago

Tang HoTang Ho

29.9k1741