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Ecu

Alternative labels (en):
In scheme: Broader: Narrower: History note (en):

The ECU was a basket currency made up of the sum of fixed amounts of 12 of the 15 currencies of the EC Member States. The value of the ECU was calculated as a weighted average of the value of its component currencies. The ECU was replaced by the euro on a one-for-one basis on 1 January 1999.