Overview

Types of Money

Types of money are classified by physical form, issuing authority, and value backing. Modern money has diversified from cash currency (fiat money) such as banknotes and coins, to deposit currency as bank deposits, electronic money issued by private companies, digital currencies issued by central banks (CBDC), and crypto assets (virtual currencies) utilizing blockchain technology. Understanding the characteristics, issuers, and circulation mechanisms of each type is essential for grasping the workings of the modern economy.

money currency banknotes coins electronic money cryptocurrency fiat money CBDC

code	slug	name	description	category
01	commodity-money	Commodity Money	Money that has intrinsic value from the material itself.	Traditional Money
02	representative-money	Representative Money	Money that represents a claim on a specific commodity, usually gold or silver.	Traditional Money
03	fiat-money	Fiat Money	Money whose value is established by government decree.	Modern Legal Tender
04	banknotes	Banknotes	Paper currency issued by governments or central banks.	Cash Currency
05	coins	Coins	Currency made of metal.	Cash Currency
06	deposit-money	Deposit Money	Money held as funds in bank accounts.	Deposit Currency
07	electronic-money	Electronic Money	Prepaid payment instruments with value recorded and managed electronically.	Digital Currency
08	cbdc	Central Bank Digital Currency (CBDC)	Digital form of legal tender issued by central banks.	Digital Currency
09	cryptocurrency	Cryptocurrency	Decentralized digital currency using blockchain technology.	Crypto Assets
10	stablecoin	Stablecoin	Crypto assets pegged to fiat currencies or assets.	Crypto Assets

Major types and classifications of money in the world.

BIS - The future monetary system official
Bank of Japan - Cashless and Digital Currency official
Classification of Money - GeeksforGeeks article
7 Types of Money article