Local currency

In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. These currencies are also referred to as community currency. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse.

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Cite as "Local currency". Appropedia. 2008–2025. Retrieved November 28, 2025.
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