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50 ECU - Albert II UNICEF Anniversary

Issuer National Bank of Belgium
Year 1996
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Weight 15.55 g
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Reverse script Latin
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Edge Reeded
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Additional information

The ECU — European Currency Unit — was never legal tender in the conventional sense; it existed as a basket currency used in EU accounting and exchange rate mechanisms. Belgium was among the most enthusiastic issuers of ECU-denominated collector coins through the late 1980s and 1990s, treating the denomination as a prestige vehicle in the years before the euro rendered it obsolete. This piece marks the 50th anniversary of UNICEF, founded in December 1946 as a temporary relief body for children displaced by World War II — made permanent in 1953 after its mandate proved too necessary to dissolve.

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