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European unit of account (EUA): research record

Evidence coverage: 1975–1981. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

European unit of account (EUA)

T-FTM000808 · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1975–1981; this does not establish the entire lifetime.

Parents / predecessors

No distinct predecessor currency is established in the loaded view.

Children / successors

European Currency Unit (ECU)absorbed into existing currency · 1981 · later absorption or contribution
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Unit and issue records 1 records

Evidence within this identity, not separate currencies.

European unit of account — 1975 basket EUAFTM000808 · C652, C653, C654, C656

Latest research

Historical account research

Lomé aid legally denominated in basket EUA.

Sources and qualifications →

Account-unit observations

Dated evidence, not exact birth or extinction dates.

1975supported

Lomé aid legally denominated in basket EUA.

C1542
Monetary history 2 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

1975-04-21Basket account unit defined

Decision 75/250 defines the Lomé aid EUA as a nine-currency basket valued using daily market rates.

C652
1981-01-01Sectoral ecu substitution

Decision 80/1184 replaces the EUA with ECU for covered ACP assistance and previous-convention operations from 1 January 1981.

C656
Evidence & research notes 6 claims

Dated observations, not a proven complete lifespan.

Supported C652

Decision 75/250 defines the Lomé aid EUA as a nine-currency basket valued using daily market rates.

Council of the European Communities · Council Decision 75/250/EEC, 21 April 1975 — European unit of account for Lomé aid Citation S353 · Open source ↗

arts.1–2

Source access and limitations

Specific basket EUA and aid scope; not a blanket identity with older gold-based European units of account.

Metadata end date is not used in place of operative later legislation.

Inference C653

The decision’s preamble benchmarks the initial EUA value to the IMF’s 28 June 1974 SDR value; it does not establish SDR-to-EUA currency replacement.

Council of the European Communities · Council Decision 75/250/EEC, 21 April 1975 — European unit of account for Lomé aid Citation S353 · Open source ↗

preamble

Source access and limitations

Specific basket EUA and aid scope; not a blanket identity with older gold-based European units of account.

Metadata end date is not used in place of operative later legislation.

Supported C654

The December 1978 resolution specifies identical initial ECU and EUA value/composition and plans EMS establishment for 1 January 1979.

European Council · European Council resolution of 5 December 1978 on the European Monetary System Citation S354 · Open source ↗

Annex 1, sections 1.2 and 2.1, PDF pp.8–9

Source access and limitations

The 1 January 1979 start is a plan in this resolution; the later operational agreement is separately dated.

EUA value/composition continuity does not imply retail banknotes.

Supported C656

Decision 80/1184 replaces the EUA with ECU for covered ACP assistance and previous-convention operations from 1 January 1981.

Council of the European Communities · Council Decision 80/1184/EEC, 18 December 1980 — EUA replacement by ECU for ACP assistance Citation S355 · Open source ↗

arts.1 and 3

Source access and limitations

Sectoral substitution applies from 1 January 1981.

It is not the ECU’s first creation or a universal 1981 replacement of every European unit.

Supported C1428

From 1 January 1981, specified ACP financial assistance and operations under previous conventions switched from EUA to ECU accounting. This is a sectoral absorption into the existing ECU, not proof of the final use of every EUA account.

Council of the European Communities · Council Decision 80/1184/EEC, 18 December 1980 — EUA replacement by ECU for ACP assistance Citation S355 · Open source ↗

Articles1 and3

Source access and limitations

Sectoral substitution applies from 1 January 1981.

It is not the ECU’s first creation or a universal 1981 replacement of every European unit.

Supported C1542

Lomé aid legally denominated in basket EUA.

Council of the European Communities · Council Decision 75/250/EEC, 21 April 1975 — European unit of account for Lomé aid Citation S353 · Open source ↗

Article1

Source access and limitations

Specific basket EUA and aid scope; not a blanket identity with older gold-based European units of account.

Metadata end date is not used in place of operative later legislation.

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