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What was the former name of the euro?

The former name of the euro was the "ECU," which stands for European Currency Unit. The ECU was a basket of currencies used by the European Community before the introduction of the euro in 1999. It served as a unit of account for the European Monetary System and was replaced by the euro when it was launched as the common currency for participating EU countries.


What are the challenges faced by the procurement management unit?

challenges facing by the procurement management unit


What was the European currency before the euro?

Before the euro was introduced in 1999, the primary currency used by many European countries was the European Currency Unit (ECU), which served as an accounting unit. However, the most widely used national currencies included the German mark (DM), French franc (FRF), Italian lira (ITL), and Spanish peseta (ESP), among others. The euro replaced these currencies in 2002 for cash transactions, while many countries transitioned to the euro for electronic transactions earlier.


Where did the world dollar come from?

It came from early Flemish or Low German daler, from German T(h)aler, short for Joachimsthaler, a coin from the silver mine of Joachimsthal (‘Joachim's valley’), now Jáchymov in the Czech Republic. The term was later applied to a coin used in the Spanish American colonies, which was also widely used in the British North American colonies at the time of the American Revolution, hence adopted as the name of the US monetary unit in the late 18th century.


The Mauryan bureaucracy was?

The Administrative Unit

Related Questions

What is a xu?

xu is a monetary unit of the Vietnam which is equal to one hundredth of a dong.


What are three dongs when filling a measuring cup with dry ingredients?

I can only find dong as a monetary unit in Vietnam, not as a measurement. It may be slang. After further search, 1 dong is 3.78 grams.


What is the main unit of money in Vietnam?

Dong


What is the main unit of money used in vietnam?

Dong


What is the monetary unit in Vietnam?

Vietnamese đồng


What was the dutch monetary unit before the euro?

de gulden


What is the basic unit of money in Vietnam?

dong (đồng). there was hào (0.1đ) and xu (0.01đ) before but they are no longer used due to their insignificant value. (1USD = 21000đ as of April 2013 and the smallest valued banknote is 200đ)


Is money from Vietnam worth anything?

Yes. The Vietnamese Dong has a relatively stable value for a developing country. It just happens that the individual unit of the Dong is one of least valuable units. (It is around 21,500 Vietnamese Dong to the US Dollar.) However, most things in Vietnam cost multiples of 20,000 Dong, which is roughly the same as how in the US most things are priced in whole dollars.


Ecuadorian monetary unit before the US Dollar?

According to my gf in Ecuador, she said 9 years ago. So, that being 1999


What is a word that starts with X and has to do with history?

XI - a Greek Letter XU - a monetary unit in Vietnam Xebec- Mediterranean sailing vessel


What is the monetary unit in Columbia?

Monetary unit: Colombian Peso


What is the monetary unit for Fiji?

FJD is the monetary unit for Fiji.