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Article #226

Re: EuroCurrency

#226
From: Richard Travers
Date: Tue, 17 Dec 1996 00:00
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In article <19961215.175834.03@saale.hof.baynet.de>, wombat@hof.baynet.de
(Christian Kohlsch�tter) wrote:

> But WHY do we need a SYMBOL for the new currency? You don't need it for
> Deutschmarks (DM), for example. Neither for Pounds (just say UKP!)
> And it works fine. Why don't say "ECU" then?

Point 1 - the Americans, British and Japanese (and probably others too)
          are historically used to using a particular symbol for there
          currencies.  No set of accounts, price list, financial
          prospectus, business plan or any other document quoting pounds
          sterling would ever use UKP in place of the Pound symbol, 
          because that is the symbol that represents our currency.
          Lacking such a symbol yourself, you probably underestimate
          the importance of this.

Point 2 - There seems little point in designing a symbol for a currency
          if the users of that currency are not going to be able to use
          the symbol.  In other words, if you are going to have a symbol,
          make it one that is readily available to people.

Point 3 - The European Currency appears to be called the Euro, not the ECU.

-- 

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|    Richard Travers     |*ZFC*|    01736     |        Obfuscation        |
|  richt@argonet.co.uk   |**B**|    757941    |         to order          | 
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From: Richard Travers <richt@argonet.co.uk>
Subject: Re: EuroCurrency
Date: 1996/12/17
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reply-to: Richard Travers <richt@argonet.co.uk>
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