European Unit of Account European Unit of Account The European Unit of Account (EUA) was a unit of account used in the European Communities from 1975 to 1979, when it was replaced at parity by the European Currency Unit, in turn replaced at parity in 1999 by the euro. Initially it was used for Lomé Convention and European Investment Bank operations before being gradually introduced into other sectors of Community activity. The EUA was a basket of European currencies, originally designed to have the same value in mid-1974 as the IMF special drawing rights basket, both worth US$1.20635; they immediately moved apart in value.
Currency symbol Currency symbol A currency symbol is a graphic symbol used as a shorthand for a currency's name, especially in reference to amounts of money. Although several former currency symbols were rendered obsolete by the adoption of the euro, having a new and unique currency symbol implementation of which requires the adoption of new Unicode and type formats has now become a status symbol for international currencies. The European Commission considers the global recognition of the euro sign part of its success. In 2009, India launched a public competition to replace the ₨ ligature it shared with neighbouring countries. It finalised