💰💼 A fiduciary currency is a type of money that derives its value from the trust and confidence placed in it by the public. It represents a legal tender issued by a government or central bank, typically in the form of banknotes and coins, which are widely accepted as a medium of exchange for goods and services within a country's economy. Fiduciary currencies play a crucial role in facilitating economic transactions and are backed by the faith and credit of the issuing authority.