Crossword Genius

Hard currency area? One has to laugh (5)

Ross

I believe the answer is:

hyena

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'one has to laugh' is the definition.
I can't tell whether this defines the answer.

'hard currency area?' is the wordplay.
'hard' becomes 'h' (abbreviation used in pencil classifications).
'currency' becomes 'yen' (Japanese currency).
'h'+'yen'+'a'='HYENA'

Can you help me to learn more?

(Other definitions for hyena that I've seen before include "Dog-like African carnivore" , "Dog-like scavenger" , "Meat-eater" , "one to laugh" , "Dog-like animal with howl like laughter" .)

I've seen this clue in The Times.
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