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What is another word for single currency?

Pronunciation: [sˈɪŋɡə͡l kˈʌɹənsi] (IPA)

A single currency is a coin or paper money system that is used as a common tender or currency across a geographic region such as a country, a group of countries or continents. Some synonyms for a single currency include monetary union, unified currency, common currency, shared currency, or integrated currency. Another popular term used in the European Union is the Euro, which represents the shared currency of 19 countries. This single currency system has allowed for easier trade, investment and economic cooperation among the participating countries. Furthermore, many countries are also considering the adoption of a single currency to enhance economic growth, investment and trade opportunities.
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What are the hypernyms for Single currency?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Single currency

  • The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China.
    Laurent Fabius
  • We've got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with the strength to embrace globalization.
    Peter Mandelson

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