Cryptocurrency Q&A What countries have a closed currency?

What countries have a closed currency?

GalaxyGlider GalaxyGlider Thu Mar 27 2025 | 7 answers 1417
I am wondering which countries have a closed currency system, meaning that their currency cannot be freely converted or traded outside of the country. What countries have a closed currency?

7 answers

Daniele 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.

Was this helpful?

148
35
CryptoElite 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.

Was this helpful?

280
97
CharmedSun 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.

Was this helpful?

69
64
CherryBlossomFall CherryBlossomFall Sat Mar 29 2025
In various countries around the world, some currencies have ceased to be in circulation.

Was this helpful?

375
96
Pietro Pietro Sat Mar 29 2025
Cuba's Cuban peso (CUP) has also been affected, with its usage declining in specific economic activities.

Was this helpful?

172
66
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts