ECU. A composite monetary unit consisting of a basket of European Community currencies that served as the predecessor to the Euro. While it was being used, the purpose of the ECU was to provide investment opportunities that weren't specific to one currency, allowing investors a way to diversify.

Related information about European Currency Unit:

1. European Currency Unit - Wikipedia, the free encyclopedia
   The European Currency Unit (₠ or ECU, French pronunciation: ​[eky]) was a basket of the currencies of the European Community member states, used as the ...
    
2. European Currency Unit (ECU)
   The tables below show the composition of the ECU basket at different times during the existence of the ECU. -. |, 13-Mar-1979 through 16-Sep-1984, |. -. |, ISO, | ...
    
3. European Currency Unit (ECU) Definition | Investopedia
   The European Currency Unit (ECU) was the precursor to the Euro, the shared single currency of the European Union's member countries. While the Euro is the ...
    
4. European Currency Unit - The Free Dictionary
   European Currency Unit. Also found in: Financial, Acronyms, Encyclopedia, Wikipedia, 0.02 sec. European Currency Unit. n. (Economics, Accounting & Finance ...
    
5. Glossary:European currency unit (ecu) - Statistics Explained
   The ecu was the former currency unit of the European Communities. It was adopted in 1979 and was the cornerstone of the European Monetary System ( EMS).
    
6. Calculator for European Currency Units (XEU) Currency Exchange ...
   The European Currency Unit (XEU) is obsolete. It was ... The exchange rate for the European Currency Unit was last updated on November 8, 2012 from The ...
    
7. What is European Currency Unit? definition and meaning
   Definition of European Currency Unit: ECU. A composite monetary unit consisting of a basket of European Community currencies that served as the predecessor ...
    
8. European Currency Unit Ecu Definition from Financial Times Lexicon
   European Currency Unit ECU. The precursor to the euro. A composite, artificial currency based on a basket of EU member currencies weighted according to ...