European Currency Unit - Value Determined By Basket of Currencies

Value Determined By Basket of Currencies

Approximate national currency weights to the ECU value
Currency 13.03.1979–
16.09.1984
17.09.1984–
21.09.1989
21.09.1989–
31.12.1998
BEF 9.64% 8.57% 8.18%
DEM 32.98% 32.08% 31.96%
DKK 3.06% 2.69% 2.65%
ESP 4.14%
FRF 19.83% 19.06% 20.32%
GBP 13.34% 14.98% 12.45%
GRD 1.31% 0.44%
IEP 1.15% 1.20% 1.09%
ITL 9.49% 9.98% 7.84%
LUF 0.32%
NLG 10.51% 10.13% 9.98%
PTE 0.7%

Read more about this topic:  European Currency Unit

Famous quotes containing the words determined and/or basket:

    Southerners, whose ancestors a hundred years ago knew the horrors of a homeland devastated by war, are particularly determined that war shall never come to us again. All Americans understand the basic lessons of history: that we need to be resolute and able to protect ourselves, to prevent threats and domination by others.
    Jimmy Carter (James Earl Carter, Jr.)

    For the mother who has opted to stay home, the question remains: Having perfected her role as a caretaker, can she abdicate control to less practiced individuals? Having put all her identity eggs in one basket, can she hand over the basket freely? Having put aside her own ambitions, can she resist imposing them on her children? And having set one example, can she teach another?
    Melinda M. Marshall (20th century)