Talk:ISO 4217

From Wikipedia, the free encyclopedia
Jump to: navigation, search

External link[edit]

There is also a list at http://www.xe.net/iso4217.htm

XAU Gold[edit]

"XAU Gold". Gold what? Pink Elephants? Fixing. --Admbws 00:01, 30 Mar 2004 (UTC)

ISO 4217:1981 says just "Gold". I see that someone has added to the article that the unit is troy ounces, but does anyone have a reliable reference for that? It could, for instance, be kilograms or grams---or unspecified by ISO 4217. --Ljosa 09:38, 11 June 2007 (UTC)

The article now says Codes for precious metals Gold (XAU), Silver (XAG), Palladium (XPD), and Platinum (XPT) are formed by prefixing the element's chemical symbol with the letter "X". These "currency units" are denominated as one troy ounce of the specified metal as opposed to "USD 1" or "EUR 1". Opposed how? I'd drop the last phrase – and change denominated to defined. —Tamfang (talk) 08:02, 3 March 2015 (UTC)

Bitcoin[edit]

       criterion of currency (issued by a recognized state)

Not sure how this is a relevant criterion for inclusion, considering the official list includes troy ounces of gold and silver, neither of which are state currencies. Can anyone provide list of gold ounces and silver ounces, issued as state currencies? — Preceding unsigned comment added by 180.183.218.215 (talk) 03:49, 16 December 2012 (UTC)

None of the X-prefix codes are "issued by a recognized state". Many are issued by transnational bodies and a few are not even financial ones (International Union of Railways). There is also a test code. Since the monetary base of Bitcoin of $2.2bn (as at Oct 2013) is larger than that of several dozen countries, the "recognized state" criterion of currency is fatally flawed. — Preceding unsigned comment added by 109.201.154.202 (talk) 06:24, 31 October 2013 (UTC)

Worthy of note: Bloomberg started tracking Bitcoin prices recently (2014-Apr-30) on their ticker, and they're using "XBT" as the ticker symbol. One more datum in favor of including it in the table? — Preceding unsigned comment added by 162.220.40.147 (talk) 18:04, 30 April 2014 (UTC)

The article is about the ISO 4217 standard. Is Bitcoin in that standard? No. Should it be? Irrelevant. It isn’t. Failing coherent objection soon, I’ll amend. JDAWiseman (talk) 19:32, 29 August 2014 (UTC)

Equatorial Guinean peseta - code GQP?[edit]

The page Equatorial Guinean peseta claims without reference that there was an ISO 4217 code GQP for this currency. Can anyone confirm / negate this claim? —Coroboy (talk) 09:35, 10 February 2013 (UTC)

 Done 701989800] // Dear @Coroboy: The claim was indeed false. We are currently tracking many other false 4217 claims around... --Usien6 msghis 16:47, 29 January 2016 (UTC)

Bitcoin?[edit]

At present XBT is not an official ISO code but I fear an edit war after an IP user reverted a legitimate edit that removed XBT as an official ISO code, accusing it as vandalism. How should I proceed with this? Also, I have a proposed citation that would prove that BTC and XBT are not yet official, but share good amount of usage ([1]). --Marianian(talk) 23:12, 10 October 2014 (UTC)

I think that you are correct to fear an edit war. There seems to be confusion between ISO 4217, and a desired list of currencies. They are not the same. Also, please could this § be merged into the other section on Bitcoin? JDAWiseman (talk) 09:02, 11 October 2014 (UTC)
I agree with the comment above. As part of my job, I keep an eye on various non-ISO 4217 currencies. These include (frequently used Alpha code in parentheses):
Bitcoin (BTC)
Chinese Yuan Offshore (CNH)
Costa Rican Unidad de Desarrollo (CRU)
Uruguayan Peso en Unidades Reajustables (UYR)
The very real existence and usage of these currencies does not make them into ISO 4217 currencies. Misha Wolf (talk) 13:23, 11 October 2014 (UTC)
Of course “CNH” is not ISO4217, so not precisely defined. But my understanding of conventional usage is that CNH refers to Yuan in Hong Kong. If you know otherwise, please say so. JDAWiseman (talk) 14:31, 11 October 2014 (UTC)
While the bulk of CNH trades take place in Hong Kong, the main difference between CNH and CNY is that CNH floats freely and CNY does not. Consequently, the value of one CNH (against some other currency) generally differs from the value of one CNY (against that currency). There are Web sites which allow one to obtain the value in CNH of a specified amount in CNY and vice versa. Hence, the two must be considered to be distinct currencies. If and when the CNY becomes fully convertible, this difference will -- presumably -- disappear. Misha Wolf (talk) 21:27, 12 October 2014 (UTC)
Also, have the Bitcoin believers made clear why they think that the Bhutan centime (surely the meaning of BTC) is worthy of pseudo-inclusion, but Dogecoin / Litecoin / etc don’t qualify? JDAWiseman (talk) 14:31, 11 October 2014 (UTC)
It seems that Bitcoin is getting the most attention by the media, and that without doubt OANDA and Xe.com relay rates for them, with unofficial codes. As a proposed compromise, would it be safe to list BTC/XBT under "Unofficial currency codes", with the citation I proposed? FYi, I don't support nor oppose Bitcoin, because it's a bit advanced for me while I could simply print my own money from scratch, buy my own gold to back the value and call it currency. Face-wink.svg --Marianian(talk) 17:52, 11 October 2014 (UTC)
‘Unofficial’ meaning non-ISO4217. Sure, even though a page on ISO 4217 is a strange place to list them. But no objection from me. JDAWiseman (talk) 18:02, 11 October 2014 (UTC)
Duly taken into account, but I would like to request further opinion as there is a hidden editor note in the "unofficial" section discouraging such inclusion at present. I don't think it is worth getting bashed for acting on one opinion Face-smile.svg. --Marianian(talk) 22:15, 22 November 2014 (UTC)

While I have no opinion on the general issue of the inclusion of Bitcoin in section 5.2 (Unofficial currency codes) carried out on 22 December 2014, the edit -- as it stands -- is logically flawed.

Section 5.1 (Currencies without ISO 4217 currency codes) starts as follows:

A number of currencies are not included in ISO 4217, because these currencies are: (a) minor currencies pegged 1:1 to a larger currency, even if independently regulated (b) a legal tender only issued as commemorative banknotes or coinage, or (c) a currency of an unrecognized or partially recognized state. These currencies include:

Section 5.2 then listed a subset of the codes listed in section 5.1. In that context, the introductory sentence of section 5.2 made sense:

The following non-ISO codes are, however, sometimes used commercially.

Note the use of the word however, which was used to indicate that although none of the currencies listed in section 5.1 are ISO 4217 currencies, the subset listed in section 5.2 is used commercially.

Following the edit, this logical structure has been broken.

One or other of the following actions should now be taken:

  1. Remove Bitcoin.
  2. Amend the wording of the introductory paragraph of section 5.1 to cater for currencies such as Bitcoin and add Bitcoin to the list in section 5.1

Misha Wolf (talk) 13:04, 23 December 2014 (UTC)

CNH included in active official currencies, why?[edit]

Why is CNH included in active 'official ISO' currency codes?

as per <http://www.xe.com/iso4217.php> at least, there is no mention of CNH being an official ISO currency, or here: <http://datahub.io/dataset/iso-4217-currency-codes/resource/69ec48a5-4195-4439-92cf-d15096b9b20a>, or here <http://www.currency-iso.org/en/home/tables/table-a1.html> in the documents, or here <http://data.okfn.org/data/core/currency-codes>, or here <http://data.okfn.org/data/core/country-codes>

As per <http://www.cmegroup.com/education/files/offshore-chinese-renminbi-market.pdf> it states on page 1 the document 'No official ISO code currently exists for CNH and it is simply referred to as “offshore RMB” or “offshore CNY” with the same ISO code, which can cause confusion distinguishing between onshore CNY and offshore CNY settlements and reporting. '

There was a discussion on Bitcoin earlier where someone brought up CNH - and yet it is still in the list. I understand that in the list of currencies in the table in question that the details for CNH are the same as for CNY and that as per the source above it says "with the same ISO code", but that does not mean it is an 'official' ISO currency as per what the table is meant to be about.

Does anyone have a source to show that CNH is indeed official and if so, can they provide it? As all signs point to it not being official and should therefore be removed — Preceding unsigned comment added by 203.21.67.155 (talk) 01:02, 6 January 2015 (UTC)

CNH is not an ISO 4217 currency. There is no justification for including it in that table. Misha Wolf (talk) 10:32, 6 January 2015 (UTC)
Then how about someone remove it? I'm not a registered user/editor so if someone with credentials would like to do it, go right ahead. Otherwise, I'll take it out. Thanks.
SNV doesn't have CNH, so it is out for lack of citations. --Marianian(talk) 00:10, 7 January 2015 (UTC)
Thanks for that — Preceding unsigned comment added by 203.21.67.155 (talk) 00:24, 7 January 2015 (UTC)

Added CNH into the unofficial currencies. It is certainly used in Hong Kong and trades with offshore stock exchanges do indeed happen in CNH. I've added a link to a helpful page explaining the offshore Yuan Renmimbi market. — Preceding unsigned comment added by EntropyJim (talkcontribs) 14:44, 30 April 2015 (UTC)

Passenger name on airplane ticket not sufficiently redacted[edit]

There are enough uncensored pixels on the edges of the censored name to make accurate estimates about the name of the passenger. The first letter is most likely an "S", second letter probably "O", third probably "B" or "D", fourth is "V" or "U", then "L", "H", and "E". Maybe "SOBULHE"? Need to be more careful with censorship. — Preceding unsigned comment added by 75.118.17.157 (talk) 22:39, 13 February 2016 (UTC)