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The national currency became virtually worthless.
The single currency became a passport to a bureaucratic utopia, a means to ever more glorious union.
It undermined one of Africa's sturdiest economies, and as growth contracted and its currency became worthless because of hyperinflation, joblessness and hunger grew.
Thereafter the currency became convertible on international markets, and the government later pegged the zloty to the euro, the European Union's single currency.
The German mark was declared the sole means of payment in Montenegro in November 2000, and in 2002 Montenegro's official currency became the euro, the EU's single currency.
When the utopian dream of the single European currency became reality, no one thought any country would need to leave it.
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Maintaining the technical currency becomes one of the challenging tasks facing industrial professionals.
Once a competitor currency becomes preferable, firms and other governments will move on.
And that means they're written in currency units, and if the currency becomes worthless, you're wiped out.
Here was the Fitch query: Will the Chinese currency become a fully convertible currency in the next five years?
First, no other country wants to lose jobs because its currency becomes too high relative to the dollar.
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