Difference between revisions of "World currency unit"

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==See also==
==See also==
* [[Currency basket]]
* [[Currency basket]]
* [[GDP]]

Latest revision as of 16:48, 17 June 2016


The WOCU is a global composite currency unit made up of a basket of the currencies of the 20 largest economies, weighted by relative GDP.

It was created in particular to be a convenient unit of account for commodities transactions and having less volatility than the component currencies.

Launched in 2009, the WOCU is monitored by the WDX Institute.

See also