I am wondering which countries have a closed currency system, meaning that their currency cannot be freely converted or traded outside of the country.
7
answers
Daniele
Sat Mar 29 2025
India is one such country where the Indian rupee (INR) is no longer used in certain contexts, despite being the official currency.
CryptoElite
Sat Mar 29 2025
Ghana has also seen the Ghanaian cedi (GHS) fall out of use in specific situations, marking a shift in the country's economic landscape.
CharmedSun
Sat Mar 29 2025
Ethiopia's Ethiopian birr (ETB) has faced similar fates, with certain sectors no longer accepting it as a form of payment.
CherryBlossomFall
Sat Mar 29 2025
In various countries around the world, some currencies have ceased to be in circulation.
Pietro
Sat Mar 29 2025
Cuba's Cuban peso (CUP) has also been affected, with its usage declining in specific economic activities.