What is ECU currency?

The European Currency Unit (? or ECU, French pronunciation: ?[eky]) was a basket of the currencies of the European Community member states, used as the unit of account of the European Community before being replaced by the euro on 1 January 1999, at parity. read more

The European Currency Unit (₠ or ECU, French pronunciation: ) was a basket of the currencies of the European Community member states, used as the unit of account of the European Community before being replaced by the euro on 1 January 1999, at parity. read more

The European Currency Unit (ECU) was introduced on 13 March 1979, along with the exchange rate mechanism (ERM), which was designed to reduce exchange rate variability and achieve monetary stability in Europe prior to the introduction of the euro, at parity, on 1 January 1999. read more

Definition of EUROPEAN CURRENCY UNIT (ECU): A unit of account, created by the European Economic Community in 1979 as part of the European Monetary System, based on a weighted average of the currencies of the member countries. read more