Back عملة محلية Arabic Regional valyuta Azerbaijani Moneda local Catalan Lokální měna Czech Regionalwährung German Moneda local Spanish Tokiko diru Basque Paikallisvaluutta Finnish Monnaie locale French מטבע מקומי HE
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In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations. A regional currency is a form of local currency encompassing a larger geographical area, while a community currency might be local or be used for exchange within an online community. A local currency acts as a complementary currency to a national currency, rather than replacing it,[1] and aims to encourage spending within a local community, especially with locally owned businesses.[2] Such currencies may not be backed by a national government nor be legal tender.[2] About 300 complementary currencies, including local currencies, are listed in the Complementary Currency Resource Center worldwide database.[3]
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BoEwas invoked but never defined (see the help page). - ^ Complementary Currency Resource Center. "Online Database of Complementary Currency Systems Worldwide". www.complementarycurrency.org. Archived from the original on 2013-01-16.