European currency snake (Basle, 10 April 1972)

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On 10 April 1972, the Basle Agreement is concluded with a view to implementing, as from 24 April, the intervention system of the central banks to limit fluctuation between currencies to a maximum of 2.25 %. This photograph shows the coins of the currencies of the Member States of the European Economic Community (EEC) symbolically placed to represent the European currency snake.
European currency snake (Basle, 10 April 1972)