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Prepositions with nouns

Of currency or in currency?

In currency is common when talking about the form of money used for payment. Of currency usually appears inside larger phrases such as rate of currency exchange.

Quick answer

Which phrase is correct?

Use in currency when something is expressed or paid using a particular currency. The phrase of currency is not usually used alone after currency, but it can appear in longer noun phrases where of connects two nouns.

The price is listed in currency used in Japan.
They discussed the stability of currency exchange markets.
All amounts must be paid in currency accepted by the bank.

Choose the pattern by meaning

These forms are not interchangeable. Choose the construction by meaning, not by which preposition appears most often.

1
in currency

Expressing the type of money used

Use in currency to say which monetary system or unit is used for prices, payments, or accounting.

The contract is payable in currency approved by the lender.
The report shows sales in currency used locally.
2
currency of + place/organization

Naming the official money of a country or group

Use currency of before a country, region, or institution.

The currency of Canada is the Canadian dollar.
They compared the currency of several Asian economies.
3
exchange currency for + amount/item

Changing one money type into another

Use for after exchange currency to show what is received.

Tourists can exchange currency for local cash at the airport.

See the difference in context

The same subject can take different constructions because each sentence answers a different question.

Construction
Example
Meaning
in currency
All fees must be paid in currency accepted by the supplier.
Idiomatic for payment or monetary form.
of currency
The value of currency reserves increased.
Possible inside a larger noun phrase, not usually as a fixed phrase after currency.
currency of
The currency of Brazil is the real.
Standard pattern identifying a country's money.

Common mistakes

Some combinations appear in real text but do not mean what learners often assume.

Using of currency as a complete phrase

Of currency usually needs a larger noun phrase around it.

✕ Payments must be made of currency. ✓ Payments must be made in currency accepted by the company.

Confusing in currency with currency of

In currency describes the form of payment, while currency of identifies ownership or association.

✓ The invoice is in currency used in Singapore.

Quick practice

Choose the expression that matches the intended meaning.

1. The loan must be repaid ___ currency approved by the bank.
2. The ___ of the country changed after independence.
3. They discussed the value ___ currency reserves.

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Paste the complete sentence below. Linguix checks the preposition together with grammar, spelling, punctuation, and style.

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Frequently asked questions

Is in currency common in financial English?

Yes. It is used when describing the monetary unit used for payment, pricing, or accounting.

Can I say of currency by itself?

Usually no. It normally appears inside a larger expression such as value of currency reserves.

What is the difference between in currency and currency of?

In currency describes the payment form, while currency of identifies which country or system the money belongs to.

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