Rahaühiku

Rahaühiku is a term originating from Estonian and translates to "unit of currency" in English. It refers to the standard monetary unit used within a particular country or economic region. Examples of rahaühikud include the euro, the US dollar, the British pound, and the Japanese yen. The specific rahaühiku of a nation is typically determined by its central bank or monetary authority and is used for all domestic transactions, pricing of goods and services, and as a measure of economic value. Fluctuations in the value of a rahaühiku relative to other currencies, known as exchange rates, are a significant factor in international trade and finance. The stability and purchasing power of a rahaühiku are key indicators of a country's economic health.