What Does ECU Stand For?

ECU stands for European Currency Unit

The European Currency Unit (ECU) was a unit of account utilized by the European Community prior to the establishment of the euro. Introduced in 1970, it served as a standardized measure for financial transactions and economic indicators among member states, facilitating exchange rate stability and integration within Europe. The ECU was replaced by the euro in 1999, which has since become the primary currency for many European countries.

Other Meanings for ECU