Currency Basket

European Currency Unit (ECU)
The European Currency Unit (ECU) served as the precursor to the Euro and was a unit of account used by the European Economic Community before the adoption of the Euro.
United States Dollar Index (USDX)
An index that compares variances in the U.S. dollar's value on a scale of 100 with a basket of currencies that include the euro, the yen, the British pound sterling, the Canadian dollar, the Swedish krona, and the Swiss franc.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.