single currency
One shared money
A single currency is a monetary system in which multiple countries or regions share one common currency.
The euro is the most prominent example—adopted by eurozone nations to facilitate trade and economic integration.
The term often appears in debates about monetary union: Critics argued a single currency would limit national fiscal flexibility.
- European Central BankEurozone's monetary authority
- monetary unionShared currency arrangement
- eurozoneMonetary union sharing currency
- common marketIntegrated trading zone
- economic unionIntegrated multinational trading zone
union · convergence · integration · legal tender · interest rate · fiscal policy · stability · sterling · unification · dollar · efficiency · bloc · Brussels · peg · peseta · Brexit · treaty · national identity
- currency unionsmonetary union, eurozone, CFA franc, euro
- EU Integrationeuro, EU membership, European Central Bank, free movement, monetary union
- EU tradecommon market, free movement, customs union, harmonization, European Commission
- Blair EraTony Blair, New Labour, Gordon Brown, spin doctors, Downing Street
- German CurrencyDeutsche Mark, Deutschmark, euro, euro cent, pfennig
- ECOWASNigeria, Ghana, Senegal, Mali, Niger
single, current, singular, currency, currently, singles, currents, singleness, singularly