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finnish monetary unit

 

Definitions from WordNet

Noun finnish monetary unit has 1 sense
  1. Finnish monetary unit - monetary unit in Finland
    --1 is a kind of
    monetary unit
    --1 has particulars: markka, Pinnish mark; penni

Definitions from the Web

Finnish Monetary Unit


Description:

The Finnish Monetary Unit refers to the official currency used in Finland, known as the Euro (€). As a member of the Eurozone, Finland adopted the Euro as its currency on January 1, 2002, replacing the Finnish Markka. The Finnish Monetary Unit is managed by the European Central Bank (ECB), ensuring stability and facilitating economic transactions within the country.

Sample sentences:
  • Before the adoption of the Euro, the Finnish Monetary Unit was the Finnish Markka.
  • The Finnish Monetary Unit plays a vital role in Finland's economy and is widely accepted in daily transactions.
  • Travelers visiting Finland should exchange their currency for the Finnish Monetary Unit, as using the Euro is essential for local purchases.
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