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10:56 Oct 10, 2001
German to English translations [PRO]
German term or phrase:gemeinsame Währung
At first glance I would have translated this as single currency, but it's translated in the dictionary as "common" currency". Is there really a difference and if so, what?
I think this one fits the context - It's what I used myself, but just wasn't sure if common and single can be used interchangeably - thank you for everyone for their help - I now know the difference between the two:-) 4 KudoZ points were awarded for this answer
Explanation: common currency = gemeinsame Währung, eg. Luxembourg and Belgium, where the currencies of both countries are accepted and valid in both countries respectively.
single currency = Einheitswährung, eg. the Euro.