Moneta vs. valuta

The Italian words 'moneta' and 'valuta' both relate to currency, but they have distinct uses and connotations in the Italian language.

Moneta

'Moneta' refers to physical currency, such as coins or banknotes, and can also mean 'money' in a general sense.
Ho bisogno di cambiare questa moneta in banconote.
(I need to change this coin into banknotes.)
Non ho abbastanza moneta per comprare il biglietto del bus.
(I don't have enough money to buy the bus ticket.)

Valuta

'Valuta' typically refers to a specific type of currency, especially in the context of foreign exchange or international trade.
Qual è il tasso di cambio tra l'euro e la valuta americana?
(What's the exchange rate between the euro and the American currency?)
Devo dichiarare la valuta straniera alla dogana?
(Do I need to declare foreign currency at customs?)

Summary

While 'moneta' is used for physical money and general references to currency, 'valuta' is more specific to types of currency, especially in international contexts. 'Moneta' is more commonly used in everyday situations, while 'valuta' is often used in financial or formal contexts.