The European Currency Unit (French: Unité de compte européenne, Spanish: Unidad Monetaria Europea, German: Europäische Währungseinheit ; ₠ , ECU, or XEU) was a unit of account used by …

Sep 21, 2022 · The European Currency Unit (ECU) was the monetary unit used by the European Monetary System (EMS) before being replaced by the euro. The ECU was introduced in 1979 and …

Dec 18, 2025 · euro, monetary unit and currency of the European Union (EU). It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in participating countries on …

Mar 19, 2024 · The European Currency Unit (ECU) served as the official monetary unit within the European Monetary System (EMS) before being replaced by the euro. Introduced in 1979, it …

The euro is the official currency of 19 countries of the European Union. Learn more about its history and legal basis.

Jul 2, 2024 · The European Currency Unit (ECU) played a pivotal role in the evolution of European monetary integration. As a unit of account, it paved the way for the creation of the Euro and the …

The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743 at the time).

The European Currency Unit (ECU) was a composite currency unit used by the member states of the European Community as their internal accounting unit before the introduction of the Euro.

Apr 28, 2024 · The European Currency Unit (ECU) was a basket currency that was used by the member states of the European Community, the precursor to the European Union, as their internal accounting …

Sep 4, 2024 · The European Currency Unit (ECU) was the monetary unit of the European Monetary System (EMS), a precursor to the euro, which aimed for monetary cooperation among European …