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In the late 1990s, eleven European nations took the bold step of unifying their currencies. Despite having different languages, cultures and national identities, these nations chose to band together and adopt the Euro as their common form of money. The goal was to simplify trade and bring further economic strength to the continent. While the Euro was viewed as a revolutionary development, it was not without precedent. In fact, more than a century earlier, over a dozen countries participated in a similar program: the Latin Monetary Union.

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