What is the term for the currency in which the financial statements are presented?

The term for the currency in which the financial statements are presented is known as the presentation currency. This is the currency used to prepare the financial statements and is important for stakeholders to understand the financial performance and position of an entity. The presentation currency provides a clear context in which the financial figures should be interpreted and assessed.

Using the presentation currency allows comparability between the financial statements of different companies and across different periods. Companies may choose their presentation currency based on various factors, including where they operate, the currency of their funding, and the preferences of their investors or stakeholders.

While other terms like "reporting currency" may be used in a broader context, and "functional currency" refers to the currency of the primary economic environment in which the entity operates, it is the presentation currency that specifically refers to the format in which the financial results are communicated to users of the financial statements. The term "standard currency" is not commonly used in this context as it lacks the formal recognition and specificity that the other terms provide.