United Currency — A New Worldwide Currency Unit
The United Currency is a worldwide currency unit which allows companies, organisations and individuals all over the globe to achieve a real stabilisation of their financial operations because the value of the United Currency is based on a basket of the five key currencies in the world that represent over 90% of international financial operations.
United Currency Valuation
The below formula is set once and for all and is used to calculate the exchange rate of the United Currency against the US Dollar, Euro, British Pound sterling, Japanese Yen and Swiss Franc and all other currencies in the world. These quotations are permanently updated on this web site. The formula for calculating the United Currency is:
1 United Currency = 0,046 $ + 0,026 € + 0,0051 £ + 1,3 ¥ + 0,0057 SFr
The United Currency is not a real monetary unit, it is a "virtual" currency. You cannot use it for cash payments, but you can use it as a medium of exchange or a unit of account for international or domestic transactions if it is more interesting to use this currency basket and not a given currency. You may sign contracts expressed in United Currency, hold your bookkeeping in United Currency (if allowed in your country), set your prices in United Currency, etc.
