@playcasino1 173898 wrote:
I reckon it was the Dutch who came up with it.
Zuid Afrika is certainly Dutch but the monetary code was not invented by them or by the Germans. I got this from Wikepedia:
In 1973, the ISO Technical Committee 68 decided to develop codes for the representation of currencies and funds for use in any application of trade, commerce or banking. At the 17th session (February 1978) of the related UN/ECE Group of Experts agreed that the three-letter alphabetic codes for International Standard ISO 4217, “Codes for the representation of currencies and funds”, would be suitable for use in international trade.
Over time, new currencies are created and old currencies are discontinued. Frequently, these changes are due to new governments (through war or a new constitution), treaties between countries standardizing on a currency, or revaluation of the currency due to excessive inflation. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency (MA), the British Standards Institution, is responsible for maintaining the list of codes.
Nothing like a bit of trivia to get the day going.