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MONEY VS.

CURRENCY

The head to head difference between Money vs Currency


Basis – Money vs
Money Currency
Currency

Money which cannot be


Currency is the promissory
touched, neither it can be
note or coin which is
Basic Definition smelled; however, money
presented in the form of
can be seen in terms of the
money
numbers.

Money is an intangible Currency is a tangible


Concept Type
concept concept

Currency takes the form of


Money takes forms of
Basis Form hard plastic or coins or says
numbers
the currency notes.
Basis – Money vs
Money Currency
Currency

Money is backed by many Whereas Fiat money ( is a


different things for example government-issued currency that isn't
if one possesses money in a backed by a commodity such as gold)
Support  which is currency will be
bank account then check
(kind of money) would be backed by the government of
backed by the same. that country.

Online mode, check savings Coins, Hard currency notes,


Examples
bank account, etc. etc.

Currency must be transferred


Money can be transferred
Transfer Mode  via physical i.e. hand to hand
through online mode
transfer.

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