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ECU
| Issuer | Greece |
|---|---|
| Year | 1992 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | ECU (1979-1999) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | ΕΛΛΗΝΙΚΗ ΔΗΜΟΚΡΑΤΙΑ PM |
| Reverse description | Central field features a raised relief map of the European continent occupying most of the inner circle, with the denomination ECU boldly inscribed in large letters across the centre of the map. The country name GREECE appears in the upper border legend, while the bilingual inscription EUROPE - EUROPA runs along the lower border, separated by two small dots. The overall design emphasizes Greece's membership in the European Community, with the map rendered in high relief against a deeply mirrored proof field. |
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| Additional information |
Greece issued this ECU piece in 1992 as part of the wave of non-circulating legal tender ECU coinage produced by European nations ahead of the Maastricht Treaty, signed that same year, which formally established the path toward a single currency. The ECU itself was never a circulating currency — it existed as a basket unit used in European financial settlements — making these national issues a peculiar category: legal tender denominated in a unit the issuing country's citizens could never spend.
Greece would go on to adopt the euro in 2001, the ECU converting at a fixed 1:1 rate to the new currency.