In economics, a monetary union is a situation where several countries have agreed to share a single currency (also known as a unitary or common currency) among them, for example, the East Caribbean dollar. A monetary union differs from an economic and monetary union, where it is not just currency but also economic policy that is pooled or co-ordinated (as in the European Union Eurozone, for instance). International trade is the exchange of goods and services across international boundaries or territories. ... The history of international trade chronicles the way that the flow of trade over long distances has shaped, and been shaped by history. ... Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ... A trade pact is a wide ranging tax, tariff and trade pact that usually also includes investment guarantees. ... A trade bloc is a large free trade area or free trade area formed by one or more tax, tariff and trade agreements. ... A free trade area is a designated group of countries that have agreed to eliminate tariffs, quotas and preferences on most (if not all) goods between them. ... A customs union is a free trade area with a Common External Tariff. ... Trade creation is an economic term related to international economics in which trade is created by the formation of a customs union. ... Trade diversion is an economic term related to international economics in which trade is diverted by the formation of a customs union. ... A single market is a customs union with common policies on product regulation, and freedom of movement of all the four factors of production (land, enterprise, capital and labour). ... This article covers the general information on the topic. ... The East Caribbean dollar (currency code XCD) is the currency of eight members of the Organisation of Eastern Caribbean States. ... This article covers the general information on the topic. ... The Eurozone (also called Euro Area, Eurosystem or Euroland) is the subset of European Union member states which have adopted the euro, creating a currency union. ...

Existing monetary unions

• The CFA franc BEAC is used by Cameroon, the Central African Republic, Chad, the Republic of the Congo, Equatorial Guinea and Gabon and is issued by the Communauté Économique et Monétaire de l'Afrique Centrale (CEMAC), i.e. the Economic and Monetary Community of Central Africa.
• The CFA franc BCEAO is used by Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo and is issued by the Union Économique et Monétaire Ouest Africaine (UEMOA), i.e. the West African Economic and Monetary Union.
• The CFP franc is used by French Polynesia, New Caledonia, and Wallis and Futuna and is issued by the Institut d'émission d'outre-mer (IEOM), i.e. the Overseas Issuing Institute.
• The East Caribbean dollar is used by Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines and is issued by the Eastern Caribbean Currency Union of the Organisation of Eastern Caribbean States (OECS).
• The euro is used by thirteen European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovenia and Spain and is also used in Monaco, San Marino, and the Vatican City which are licensed to issue and use the euro. Two other countries and a subnational entity use the euro but are not licensed to issue any euro coins or notes, Montenegro and Kosovo. (See de facto monetary unions below for these territories). The euro is issued by the Economic and Monetary Union of the European Union.

ISO 4217 Code XAF User(s) Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon Pegged with euro = CFA655. ... States of CEMAC The Economic and Monetary Community of Central Africa (or CEMAC from its name in French, Communauté Économique et Monétaire de lAfrique Centrale) is an organization of states of Central Africa established to promote economic integration among countries that share a common currency, the CFA franc. ... The West African CFA franc (XOF) is just known in French as the Franc CFA, where CFA stands for Communauté financière dAfrique (Financial Community of Africa). It is issued by the BCEAO (Banque Centrale des États de lAfrique de lOuest, i. ... States of UEMOA The West African Economic and Monetary Union (or UEMOA from its name in French, Union économique et monétaire ouest-africaine) is an organization of states of West Africa established to promote economic integration among countries that share a common currency, the CFA franc. ... The CFP franc (in French: franc Pacifique or franc CFP ; CFP stood for Colonies françaises du Pacifique (i. ... The East Caribbean dollar (currency code XCD) is the currency of eight members of the Organisation of Eastern Caribbean States. ... Flag of the OECS. The Organisation of Eastern Caribbean States (OECS) is an inter-governmental organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance between countries and dependencies in the Eastern Caribbean. ... ISO 4217 Code EUR User(s) Andorra, Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Monaco, Montenegro, the Netherlands, Portugal, San Marino, Slovenia, Spain, Vatican City Inflation 1. ... Anthem Oj, svijetla majska zoro Oh, the bright dawn of May Montenegro() on the European continent()  —  [] Capital (and largest city) Podgorica Official languages Serbian (Ijekavian dialect)1 Government Republic  -  President Filip Vujanović  -  Prime Minister Željko Å turanović Independence due to the dissolution of Serbia and Montenegro   -  Declared June 3, 2006   -  Recognised... For uses of the name Kosova, see Kosova (disambiguation). ... In economics, a monetary union is a situation where several countries have agreed to share a single currency among them. ...

De facto monetary unions

See also: dollarization

• The Armenian dram is used as legal tender in both Armenia and the self proclaimed Nagorno Karabakh Republic statelet.
• The Australian dollar is used by Australia, Kiribati, Nauru, and Tuvalu.
• In the countries of Brunei and Singapore, the Brunei dollar and the Singapore dollar are legal tender in both countries.
• The euro is used as legal tender in Andorra, Kosovo and Montenegro although they are not a part of the Eurozone.
• The Indian rupee is legal tender in both India and Bhutan. It is also freely used as tender in Nepal, due to the instability caused by that country's civil war.
• The New Zealand dollar is used by New Zealand, Niue, the Cook Islands, Tokelau, and the Pitcairn Islands.
• The Palestinian territories under the control of the Palestinian National Authority use the new Israeli shekel and Jordanian dinar (the latter in the West Bank only).
• The Russian ruble is used in Russia and the Georgian autonomous (self-declared independent) republics of Abkhazia and South Ossetia.
• The South African rand is legal tender in South Africa, Swaziland, Lesotho, and Namibia through the Common Monetary Area.
• The Swiss franc is legal tender in Switzerland and Liechtenstein.
• The new Turkish lira is legal tender in both Turkey and the self proclaimed Turkish Republic of Northern Cyprus.
• The United States dollar is used by the United States and its possessions, Palau, Micronesia, the Marshall Islands, Panama, Ecuador, El Salvador, East Timor, the British Virgin Islands and the Turks and Caicos Islands.

Dollarization occurs when the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency. ... ISO 4217 Code AMD User(s) Armenia and the self proclaimed Nagorno Karabakh Republic Inflation -0. ... Nagorno-Karabakh (Azerbaijani: Dağlıq Qarabağ or Yuxarı Qarabağ, literally mountainous black garden or upper black garden; Russian: Нагорный Карабах, translit. ... ISO 4217 Code AUD User(s) Australia, Kiribati, Nauru, Tuvalu, Christmas Island, Cocos (Keeling) Islands, and Norfolk Island Inflation 3. ... ISO 4217 Code BND User(s) Brunei, Singapore Inflation 0. ... ISO 4217 Code SGD User(s) Singapore, Brunei Inflation 0. ... ISO 4217 Code EUR User(s) Andorra, Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Monaco, Montenegro, the Netherlands, Portugal, San Marino, Slovenia, Spain, Vatican City Inflation 1. ... For uses of the name Kosova, see Kosova (disambiguation). ... Anthem Oj, svijetla majska zoro Oh, the bright dawn of May Montenegro() on the European continent()  —  [] Capital (and largest city) Podgorica Official languages Serbian (Ijekavian dialect)1 Government Republic  -  President Filip Vujanović  -  Prime Minister Željko Å turanović Independence due to the dissolution of Serbia and Montenegro   -  Declared June 3, 2006   -  Recognised... The Eurozone (also called Euro Area, Eurosystem or Euroland) is the subset of European Union member states which have adopted the euro, creating a currency union. ... ISO 4217 Code INR User(s) India Inflation 5. ... ISO 4217 Code NZD User(s) New Zealand, Cook Islands, Niue, Pitcairn Islands, Tokelau Inflation 2. ... This article is about the Palestinian territories as a geopolitical phenomenon. ... Anthem: Biladi Capital Ramallah and Gaza de facto, as the current location of government institutions. ... 1 sheqel coin (1994–5). ... The Jordanian dinar (ISO 4217 code JOD) is the official currency of the Hashemite Kingdom of Jordan and the first official one in the State of Palestine. ... ISO 4217 Code RUB User(s) Russia and self-proclaimed Abkhazia and South Ossetia Inflation 10. ... National anthem Aiaaira Official languages Abkhaz, with Russian having co-official status and widespread use by government and other institutions Political status De facto independent Capital Sukhumi Capitals coordinates President Sergei Bagapsh Prime Minister Alexander Ankvab Independence  â€“ Declared  â€“ Recognition From Georgia  23 July 1992  none Currency Russian ruble Official... National anthem Unknown Official languages Ossetian, with Russian having and widespread use by government and other institutions Political status De facto independent Capital Tskhinvali Capitals coordinates 42°14′N 43°58′E President Eduard Djabeevich Kokoity Prime Minister Yury Morozov Independence  â€“ Declared  â€“ Recognition From Georgia  1991-11-28  none... ISO 4217 Code ZAR User(s) Common Monetary Area: Lesotho, Namibia, South Africa, and Swaziland Inflation 5. ... Allied to the Southern African Customs Union (SACU) is the Common Monetary Area (CMA) which links South Africa, Lesotho and Swaziland into a Currency union. ... ISO 4217 Code CHF User(s) Switzerland, Liechtenstein, Campione dItalia Inflation 1. ... TRY banknotes and coins The new Turkish lira is the current currency of Turkey and Turkish Republic of Northern Cyprus. ... Anthem: Ä°stiklâl Marşı  (Turkish) Independence March Capital LefkoÅŸa (Nicosia) Official languages Turkish Government Representative democratic republic[1]  - President Mehmet Ali Talat  - Prime Minister Ferdi Sabit Soyer Sovereignty from Republic of Cyprus (de facto)   - Proclaimed November 15, 1983   - Recognition Only by Turkey  Area  - Total 3,355 km² (not ranked... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... An insular area is United States territory that is neither a part of one of the fifty states nor a part of the District of Columbia, the nations federal district. ...

Proposed monetary unions

• Asian Currency Unit, between ASEAN, China, Japan, and South Korea
• between Canada, the United States and Mexico to adopt the "Amero" or the "American Dollar"
• between Australia, New Zealand and Papua New Guinea
• Caribbean Single Market and Economy (CSME) (as part of the CARICOM) due between 2010 and 2015
• East African Community (EAC) with the proposed currency being named the East African shilling, planned to be introduced in 2009
• West African Monetary Zone inside Economic Community of West African States (ECOWAS) with the proposed currency being named the Eco, finally planned to be introduced in December 2009 after the date was set back twice
• Gulf Cooperation Council (GCC), planned to be introduced in 2010 with the proposed name of the Khaleeji.
• Union of Russia and Belarus, originally due in 2004, but which might be introduced in 2007 or 2008
• South American Community of Nations (CSN), due in 2019
• Southern African Development Community/Southern African Customs Union (SADC)/(SACU), due in 2016
• Common Market for Eastern and Southern Africa, due in 2025
• African Economic Community due in 2028

Members of the ASEAN 10+3 circle The Asian Currency Unit (ACU) is a proposed currency unit for the ASEAN 10+3 economic circle (ASEAN, the mainland of the Peoples Republic of China, Japan, and the Republic of Korea). ... ASEAN[1], pronounced // (AH-SEE-AHN) in English, or the Association of Southeast Asian Nations, is a geo-political and economic organization of 10 countries located in Southeast Asia, which was formed on August 8, 1967 by Indonesia, Malaysia, the Philippines, Singapore, and Thailand[2] as a display of solidarity... Currency union in the Americas is a proposal supported by some economists, but it is an idea that is not likely to be enacted in the near future. ... The United States dollar is the official currency of the United States. ... The Caribbean Single Market and Economy also known as the CARICOM Single Market and Economy or CSME is and integrated development strategy envisioned in 1989 by 13 of the now 15 members of CARICOM. The Grand Anse Declaration Strategy had three key Features. ... The Caribbean Community and Common Market or CARICOM was established by the Treaty of Chaguaramas which came into effect on August 1, 1973. ... EAC The three states that make up the East African Community The East African Community (EAC) is a customs union in East Africa, consisting of Kenya, Uganda and Tanzania. ... The East African Shilling is the proposed name for the common currency the East African Community plans to introduce by 2009. ... 2009 (MMIX) will be a common year starting on Thursday of the Gregorian calendar. ... States of WAMZ Light green: interested in joining The Eco is the proposed name for the common currency the West African Monetary Zone plans to introduce by 2009 in the framework of ECOWAS. See Also West African Economic and Monetary Union (UEMOA) Economic and Monetary Community of Central Africa (CEMAC... The Economic Community of West African States (ECOWAS) is a regional group of fifteen countries, founded on May 28, 1975 when fifteen West African countries signed the Treaty of Lagos. ... States of WAMZ Light green: interested in joining The Eco is the proposed name for the common currency the West African Monetary Zone plans to introduce by 2009 in the framework of ECOWAS. Category: ... 2009 (MMIX) will be a common year starting on Thursday of the Gregorian calendar. ... It has been suggested that Arab Gulf States be merged into this article or section. ... This article or section does not cite its references or sources. ... Gulf Arabic (occasionally Persian Gulf Arabic) is a variety of the Arabic language spoken around both shores of the Persian Gulf, mainly in Kuwait, eastern Saudi Arabia, Bahrain, Qatar, the United Arab Emirates, and parts of Oman. ... Map of the Union of Russia and Belarus. ... The South American Community of Nations (CSN) (Spanish: , Portuguese: , Dutch: ) will be a continent-wide free trade zone that will unite two existing free-trade organizations—Mercosur and the Andean Community—eliminating tariffs for non-sensitive products by 2014 and sensitive products by 2019. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... States of SACU // Origins The Southern African Customs Union (SACU) came into existence on December 11, 1969 with the signature of the Customs Union Agreement between South Africa, Botswana, Lesotho, Namibia and Swaziland. ... The Common Market for Eastern and Southern Africa, is a preferential trading area with twenty member states stretching from Libya to Zimbabwe. ...  members of AEC pillar blocs  states signatories to the AEC Treaty, but not participating in any of the pillars The member states of the African Union are mounting efforts to collaborate economically, but they are impeded by the civil wars raging in several parts of Africa. ...

Previous monetary unions

• between Bahrain and Abu Dhabi using the Bahraini dinar
• between Bahrain, Kuwait, Oman, Qatar and the Trucial States using the Gulf rupee
• between Aden and South Arabia, Bahrain, Kenya, Kuwait, Oman, Qatar, British Somaliland, the Trucial States, Uganda, Zanzibar and British India (later independent India) using the Indian rupee
• Belgium-Luxembourg Monetary Union superseded by the European EMU
• between British India and the Straits Settlements (1837-1867) using the Indian rupee
• between Czech Republic and Slovakia (shortly from January 1, 1993 to February 8, 1993) using the Czechoslovak koruna
• between Ethiopia and Eritrea using the Ethiopian birr
• between France, Monaco, and Andorra using the French franc
• between the Eastern Caribbean, Barbados, Trinidad and Tobago and British Guiana using the Eastern Caribbean dollar
• between Italy, Vatican City, and San Marino using the Italian lira
• between Ireland, and the United Kingdom]] using the Pound Sterling (Ireland used its own coins/banknotes of equivalent value) dissolved in 1979 when Ireland joined the European Monetary System without Britain
• between Jamaica and the Cayman Islands using the Jamaican pound and later Jamaican dollar
• between Kenya, Uganda and Zanzibar using the East African rupee
• between Kenya, Uganda and Zanzibar (and later Tanganyika) using the East African florin
• between Kenya, Tanganyika and Zanzibar (later merged as Tanzania), Uganda, South Arabia, British Somaliland and Italian Somaliland using the East African Shilling
• Latin Monetary Union
• between Liberia and the United States using the United States dollar
• between Mauritius and Seychelles using the Mauritian rupee
• between Nigeria, the Gambia, Sierra Leone, the Gold Coast and Liberia using the West African Pound
• North German thaler (basically the Prussian thaler)
• Ruble zone countries
• between Qatar and all the emirates of the UAE, except Abu Dhabi using the Qatari and Dubai riyal
• between Saudi Arabia and Qatar using the Saudi riyal
• between Samoa and New Zealand using the New Zealand pound
• between Denmark, Norway and Sweden in the Scandinavian Monetary Union
• between the Solomon Islands, Papua New Guinea and Australia using the Australian dollar
• South German guilder
• between Spain and Andorra using the Spanish peseta
• between Malaysia and Singapore - until early 1970s
• between South Africa and Botswana using the South African rand - until 1976
• between Egypt and Sudan using the Egyptian pound - until 1956
• proposed pan-American monetary union - abandoned in the form proposed by Argentina
• proposed monetary union between the United Kingdom and Norway using the Pound Sterling during the late 1940s and early 1950s

Abu Dhabi or Abu Zaby (Arabic language: أبوظبي) is the largest of the seven emirates that comprise the United Arab Emirates and was also the largest of the former Trucial States. ... ISO 4217 Code BHD User(s) Bahrain Inflation 2. ... UAE redirects here; for other uses of that term, see UAE (disambiguation) The United Arab Emirates is an oil-rich country situated in the south-east of the Arabian Peninsula in Southwest Asia, comprising seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. ... The Gulf Rupee, also known as the Persian Gulf Rupee (XPGR), was introduced by the Indian government as a replacement for the Indian Rupee for circulation exclusively outside the country with the Reserve Bank of India [Amendment] Act, 1 May 1959. ... Port of Aden (around 1910). ... The term South Arabia commonly refers to either: the Federation of South Arabia or the Protectorate of South Arabia This is a disambiguation page — a list of articles associated with the same title. ... The British Somaliland was a British protectorate in the north part of the Horn of Africa, and later part of Somalia and presently the unrecognized Republic of Somaliland. ... UAE redirects here; for other uses of that term, see UAE (disambiguation) The United Arab Emirates is an oil-rich country situated in the south-east of the Arabian Peninsula in Southwest Asia, comprising seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. ... Map of Zanzibars main island Zanzibar is situated off mainland Tanzania Coordinates: Country Tanzania Islands Unguja and Pemba Capital Zanzibar City Settled AD 1000 Government  - Type semi-autonomous part of Tanzania  - President Amani Abeid Karume Area  - Both Islands  637 sq mi (1,651 km²) Population (2002)  - Both Islands 981... British India (otherwise known as The British Raj) was a historical period during which most of the Indian subcontinent, or present-day India, Pakistan, Bangladesh, and Myanmar, were under the colonial authority of the British Empire (Undivided India). ... ISO 4217 Code INR User(s) India Inflation 5. ... The Belgium-Luxembourg Economic Union (BLEU) was created by a treaty signed on 25 July 1921 between Belgium and Luxembourg. ... This article covers the general information on the topic. ... British India (otherwise known as The British Raj) was a historical period during which most of the Indian subcontinent, or present-day India, Pakistan, Bangladesh, and Myanmar, were under the colonial authority of the British Empire (Undivided India). ... The Straits Settlements were a collection of territories of the British East India Company in Southeast Asia, which were given collective administration in 1826. ... ISO 4217 Code INR User(s) India Inflation 5. ... January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... February 8 is the 39th day of the year in the Gregorian calendar. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... ISO 4217 Code CSK User(s) Czech Republic Slovakia Inflation 57. ... For other uses, see Birr (disambiguation). ... French Franc. ... The Organisation of Eastern Caribbean States (OECS) includes the member states of: Anguilla Antigua and Barbuda British Virgin Islands Dominica Grenada Montserrat Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines The OECS was created on 18 June 1981, with the Treaty of Basseterre, named after the capital... British Guiana and its boundary lines, 1896 Flag of British Guiana British Guiana was the name of the British colony on the northern coast of South America, now the independent nation of Guyana. ... The East Caribbean dollar (ISO currency code: XCD) is the currency of eight political states in the Organisation of Eastern Caribbean States. ... ISO 4217 Code ITL User(s) Italy, San Marino, Vatican City, but not Campione dItalia Inflation 2. ... United can refer to: // In the main, United refers to one of two professional football teams in England: Manchester United and Sheffield United. ... ISO 4217 Code GBP User(s) United Kingdom, Crown Dependencies Inflation 3. ... There are three stages of monetary cooperation in the European Union. ... The pound was the official currency of Jamaica between 1840 and 1969. ... The dollar (ISO 4217 code: JMD) is the currency of Jamaica. ... Map of Zanzibars main island Zanzibar is situated off mainland Tanzania Coordinates: Country Tanzania Islands Unguja and Pemba Capital Zanzibar City Settled AD 1000 Government  - Type semi-autonomous part of Tanzania  - President Amani Abeid Karume Area  - Both Islands  637 sq mi (1,651 km²) Population (2002)  - Both Islands 981... The rupee was the currency of Britains East African colonies and protectorates between 1906 and 1920. ... Map of Zanzibars main island Zanzibar is situated off mainland Tanzania Coordinates: Country Tanzania Islands Unguja and Pemba Capital Zanzibar City Settled AD 1000 Government  - Type semi-autonomous part of Tanzania  - President Amani Abeid Karume Area  - Both Islands  637 sq mi (1,651 km²) Population (2002)  - Both Islands 981... Flag of Tanganyika Tanganyika was an East African republic within the Commonwealth of Nations, named after Lake Tanganyika, which formed its western border. ... The florin was the unit of currency in the British colonies and protectorates of East Africa between 1920 and 1921. ... Flag of Tanganyika Tanganyika was an East African republic within the Commonwealth of Nations, named after Lake Tanganyika, which formed its western border. ... Map of Zanzibars main island Zanzibar is situated off mainland Tanzania Coordinates: Country Tanzania Islands Unguja and Pemba Capital Zanzibar City Settled AD 1000 Government  - Type semi-autonomous part of Tanzania  - President Amani Abeid Karume Area  - Both Islands  637 sq mi (1,651 km²) Population (2002)  - Both Islands 981... The term South Arabia commonly refers to either: the Federation of South Arabia or the Protectorate of South Arabia This is a disambiguation page — a list of articles associated with the same title. ... The British Somaliland was a British protectorate in the north part of the Horn of Africa, and later part of Somalia and presently the unrecognized Republic of Somaliland. ... Italian Somaliland was an Italian colony that lasted, apart from a brief interlude of British rule, from the late 19th century until 1960 in the territory of the modern-day East African nation of Somalia. ... The East African Shilling is the proposed name for the common currency the East African Community plans to introduce by 2009. ... The Latin Monetary Union (1865-1927) was a 19th century attempt to unify several European currencies into a single currency that could be used in all the member states, at a time when most national currencies were still made out of gold and silver. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... The rupee is the currency of Mauritius. ... Flag of Gold Coast Map from 1896 of the British Gold Coast Colony. ... The West African Pound is a Pound form of currency that was used in several countries in West Africa. ... The Thaler (sometimes Reichsthaler) was the currency of Prussia until 1857. ... UAE redirects here; for other uses of that term, see UAE (disambiguation) The United Arab Emirates is an oil-rich country situated in the south-east of the Arabian Peninsula in Southwest Asia, comprising seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. ... Abu Dhabi or Abu Zaby (Arabic language: أبوظبي) is the largest of the seven emirates that comprise the United Arab Emirates and was also the largest of the former Trucial States. ... ISO 4217 Code QAR User(s) Qatar Inflation 8. ... ISO 4217 Code SAR User(s) Saudi Arabia Inflation 1. ... The New Zealand pound was the legal tender currency of New Zealand prior to decimalization in 1967. ... The Scandinavian Monetary Union (Swedish: Skandinaviska myntunionen, Danish: Skandinaviske møntunion) was a monetary union formed by Sweden and Denmark on May 5, 1873 by fixing their currencies against gold at par to each other. ... ISO 4217 Code AUD User(s) Australia, Kiribati, Nauru, Tuvalu, Christmas Island, Cocos (Keeling) Islands, and Norfolk Island Inflation 3. ... The gulden was the currency of the states of southern Germany between 1754 and 1873. ... ISO 4217 Code ESP User(s) Spain, Andorra Inflation 1. ... ISO 4217 Code ZAR User(s) Common Monetary Area: Lesotho, Namibia, South Africa, and Swaziland Inflation 5. ... ISO 4217 Code EGP User(s) Egypt Inflation 4. ... The Commonwealth of Nations (CN), usually known as The Commonwealth, is a voluntary association of 53 independent sovereign states all of which are former colonies of the United Kingdom, except for Mozambique and the United Kingdom itself. ...

See also

• Economic integration
• Economic and monetary union

Economic integration is a term used to describe how different aspects between economies are integrated. ... This article covers the general information on the topic. ...

External links

• The history of monetary unions
• African monetary union inches closer
• United States of Southern Africa?
• East Africa's first steps towards union
• West Africa opts for currency union
• Gulf States push for single currency
• 'Limited gains' from Gulf single currency
• Do the Mercosur Countries Form an Optimum Currency Area?
• Argentina plans monetary union
• Quadrant Magazine article on the Pacific
• Economist- Antipodean currencies (Australia and New Zealand)
• Three Perspectives on an Australasian Monetary Union
• Reasons for the collapse of the Rouble Zone
• In Search of the "Ruble Zone"
• OECD Development Centre- the Rand Zone
• A single African currency in our time?
• South Africa proposes adoption of the rand as provisional SADC common currency