World currency unit

From ACT Wiki
Revision as of 16:48, 17 June 2016 by Doug Williamson (Talk | contribs) (Add link.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search


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