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# Currency Formats
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The XRP Ledger has [two kinds of money](money.html): XRP, and issued currencies. In the XRP Ledger, both types have high precision, although their formats are different.
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The XRP Ledger has two kinds of money: [XRP](xrp.html), and [issued currencies](issued-currencies.html). In the XRP Ledger, both types have high precision, although their formats are different.
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## String Formatting
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{% include '_snippets/string-number-formatting.md' %}
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<!--{#_ #}-->
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## XRP Precision
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## Currency Codes
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All non-XRP currencies in the XRP Ledger have a 160-bit currency code. The [`rippled` APIs](reference-rippled.html) map 3-character ASCII strings (case-sensitive) to 160-bit currency codes using a standard mapping. The currency code `XRP` is disallowed for issued currencies. Currencies with the same code can [ripple](rippling.html) across connected trustlines. Currency codes have no other behavior built into the XRP Ledger.
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All non-XRP currencies in the XRP Ledger have a 160-bit currency code. The [`rippled` APIs](rippled-api.html) map 3-character ASCII strings (case-sensitive) to 160-bit currency codes using a standard mapping. The currency code `XRP` is disallowed for issued currencies. Currencies with the same code can [ripple](rippling.html) across connected trustlines. Currency codes have no other behavior built into the XRP Ledger.
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### Standard Currency Codes
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