Mark (unit) was also used as a unit of currency, e.g. in the 1087 poem "The Rime of King William" ("marks of gold"), in many Shakespearean plays set in medieval England, and in various incarnations in Germany and Finland until the adoption of the euro in 1999. Mark (unit) The Mark (from Middle High German: Marc, march, brand) is originally a medieval weight or mass unit, which supplanted the pound weight as a precious metals and coinage weight from the 11th century. The Mark is traditionally a half pound weight and was usually divided into 8 ounces or 16 Lot. The significance
World currency unit and are protected against two key sources of uncertainty, namely inflation and exchange loss risks. World currency unit There are two different types of World Currency Unit in use today that have different origins and usages. The WCU was proposed by Lok Sang Ho of Lingnan University, Hong Kong. The WCU was first intended to be the basis for denominating global bonds, a debt instrument that is issued globally and is subscribable by people and institutions around the world. Simply put, it is a GDP-weighted basket of key currencies each of which is indexed against inflation for the relevant countries.