Supported currencies

Monite supports 136 currencies for accounts payable, accounts receivable, and payments.

Minor units

Monite API expects that currency amounts are specified in minor units, that is the smallest unit of a currency such as cents or pennies. For example, $10.95 is represented as 1095 (in cents).

Most of the supported currencies have two decimals, meaning you would multiply the currency amount by 100 to get the value in minor units. A few currencies have three decimals.

Zero-decimal currencies, such as JPY and KRW, do not have minor units. These currencies require an amount in the regular denomination. For example, 50 JPY is represented as 50.

Currency codes

Currencies are specified using three-letter currency codes (ISO 4217 alpha-3). The number of decimals determines how to express the currency amounts in minor units.