Monetary Unit Definition

Monetary Unit Sentence Examples

• There is no Uruguayan gold coin in circulation, but the theoretical monetary unit is the gold peso national, weighing 1.697 grammes, .917 fine.

• Gold is the nominal standard of value, the monetary unit being the gold milreis worth 2s.

• Under the currency law of the 31st of March 1879, the thousandth part of a kilogramme of gold was made the monetary unit and was called a bolivar, in honour of the Venezuelan liberator.

• The monetary unit is the Peruvian pound (libra) which is uniform in weight and fineness with the British pound sterling.

• The monetary unit is the gold colon weighing 778 gramme, 900 fine, and thus worth about 23d.