commodity currency

noun

A currency that moves in correlation with the world prices of primary commodity products, due to the country's heavy dependency on the export of certain raw materials for income.

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Meanings

nouncommodity currency (plural commodity currencies)

plural commodity currencies

  1. economicsA currency that moves in correlation with the world prices of primary commodity products, due to the country's heavy dependency on the export of certain raw materials for income.
Cite this entry
APA

commodity currency. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/commodity%20currency

MLA

“commodity currency.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/commodity%20currency. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “commodity currency,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/commodity%20currency.

Source: commodity currency on Wiktionary, CC BY-SA 4.0.