Hard currencies are widely accepted as payment for goods and services and are regarded as stable and dependable stores of value. The United States dollar, the European Union's euro, the British pound, and the Swiss franc are among the most widely recognised hard currencies in the world. The Japanese yen, Canadian dollar, and Australian dollar are examples of hard currencies. These currencies are frequently used in international transactions and are regarded as less risky than many other currencies, making them appealing to investors and businesses. They are typically supported by strong and stable economies, which adds to their dependability and appeal.