Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Yield Guild Games
Yield Guild Games, usually shortened to YGG, is a Web3 gaming community that became known for organising players and digital assets across blockchain-based games.
Its early guild model allowed players to use game-related NFTs they did not own and share part of the rewards earned through play. A guild might provide the digital characters required to enter a game, while the player contributed time and skill.
The project has since moved further into publishing casual crypto games and connecting studios with gaming communities. That shift reflects a wider change in Web3 gaming, away from a narrow play-to-earn model and toward games, creators, distribution, and community.
Yields
An anticipated return-on-investment (ROI).
YOY
YOY, short for year over year, compares a result with the same period one year earlier. It is commonly used for revenue, profit, inflation, employment, and trading volume because it reduces the distortion created by seasonal changes.
A retailer may report fourth-quarter revenue of $108 million, up from $100 million in the same quarter last year. That is 8% YOY growth. Comparing the figure with the third quarter could produce a very different result simply because holiday demand changes the pattern.
YOY gives a clean annual comparison. Analysts often place it beside monthly or quarterly figures to see both the longer trend and the more recent movement.
Yuan
The yuan is the main unit of China’s official currency, the renminbi. The names are often used as if they mean exactly the same thing, but the distinction is similar to sterling and the pound: renminbi is the currency, while yuan is the amount being counted.
CNY usually refers to yuan traded in mainland China, while CNH is used for offshore trading. Their rates can differ because the two markets operate under different controls and liquidity conditions.
If USD/CNY rises from 7.10 to 7.20, one dollar now buys more yuan. The yuan has weakened against the dollar. Currency pairs often become clearer once the base currency is identified first.
Zambian Kwacha (ZMW)
You will find the Zambian kwacha abbreviated as ZMW. As the name indicates, ZMW refers to Zambia’s official currency. Issued by the Bank of Zambia, the Zambian kwacha is divided into 100 ngwee.
The name is derived from the word “dawn.” “A new dawn of freedom” is a nationalist phrase that presented Zambia’s independence from British rule in 1964 as the start of a new era. Four years later, in 1968, the kwacha replaced the Zambian pound, and the new name helped separate the country’s money from its colonial past.
If USD/ZMW rises from 25 to 27, one US dollar buys more kwacha, meaning the kwacha has weakened against the dollar.
ZAR
The currency code for the South African rand.
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