Citeer: KunaIt could also be a coin
Discussion on the definition of a coin is ample. It's just good to know that although the ECU (European Currency Unit, currency code XEU) was a real currency, and many international financial transactions were settled in XEU,
ECU coins were intended exclusively for the sake of representation and attention for the European case. Apart from a haphazard manifestation here and there, ECU coins
never ever circulated.
When it became time to make the ECU a circulation currency as well, a new name was chosen (Euro), because UK and Germany objected that ECU looked and sounded like an old French currency, écu. Another problem for the Germans wat that in their language, ECU could be interpreted as
e-Kuh, electronic cow, which is funny, depending on your sense of humor.
The new name Euro didn't have these backdraws. But now the European Central Bank is on a collision course with Bulgaria: if they would ever want to adopt the Euro, it would be obvious for them to call it
Evro, locally, as that is the way they pronounce Europe (
Evropa). For them, Euro (
E-oo-ro) sounds like something from a Tolkien novel. But the ECB doesn't let them do so.