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:

    By the time a person has achieved years adequate for choosing a direction, the die is cast and the moment has long since passed which determined the future.
    Zelda Fitzgerald (1900–1948)

    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)