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Euros

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Q: What is the monetary unit or currency of Spain?
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What is the monetary currency of Spain?

Euro


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what is the basic monetary unit (currency) in india.


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The currency is the Moroccan Dirham (MAD).


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The simple answer is that it used to be a colony of Spain and used the Spanish monetary unit which is the Peso as well. In the early 1900's the U.S.A. took control of the Philippines and established the unit of currency as a "gold peso" which was supposed to be 1/2 the value of a U.S. Dollar. The Japanese occupied for a while as well, but the Peso has stuck as the monetary unit


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No. In Wales the currency is the pound sterling.


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Is monetary unit a noun?

Yes, the term 'monetary unit' is a noun (a compound noun), a word for base denomination of a country's currency; a word for a thing.