Unit of account L.S.D units in ratio 240:12:1. The Florentine gold florin, the French franc and the electoral rheingulden all became pounds (240 denari) of account. Units of account would often survive over 100 years despite the original coins changing composition and availability (e.g. the Castilian maravedi). A modern unit of account is the European Currency Unit, used in the European Union from 1979 to 1998; its replacement in 1999, the Euro, was also just a unit of account until the introduction of notes and coins in 2002. Unit of account is the main way of calculating a carrier or ship owner's liability
Yuan (currency) code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms "sterling" to designate British currency and "pound" for the unit of account.) The symbol for the yuan (元) is also used in Chinese to refer to the currency units of Japan "(yen)" and Korea "(won)", and is used to translate the currency unit "dollar" as well as some other currencies; for example, the United States dollar is called "Meiyuan" () in Chinese, and the euro is called "Ouyuan" (). When used in English in the context of the modern foreign exchange