Local currencies

Local currencies are forms of money issued and accepted within a specific community, city, or region, rather than national or international markets. They aim to boost local economies by encouraging residents and visitors to spend money locally, supporting small businesses and local initiatives. These currencies often complement national currencies and can be used for exchanges, services, or goods within the designated area. While not replacing official currency, local currencies help strengthen community ties and promote sustainable economic practices tailored to local needs. Examples include the Bristol Pound in the UK or BerkShares in Massachusetts.