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Texas Instruments -2001

Date of introduction:  1999 Display technology:  LCD
New price:   Display size:  10
Size:  5.0" x 3.1" x 0.45"    
Weight:  2.4 ounces Serial No:  
Batteries:  LR54 Date of manufacture:  mth 12 year 1999
AC-Adapter:   Origin of manufacture:  China
Precision:  10 Integrated circuits:  
Memories:  1    
Program steps:   Courtesy of:  Joerg Woerner

The -2001 calculator combines the usual basic calculator functions with a very convenient Euro currency conversion. All of the 11 yet defined exchange rates are preprogrammed in the calculator, 4 additional ones could be added later. The home country is selected with the Select-key. Two additional keys allow the conversion in both directions. A similar calculator using a desktop housing was introduced with the -1796 and the -2003.

A simpler calculator was sold with the -2000. Searching calculators in Europe without the Euro-conversion was difficult in 1999, one example is the TI-1726.

In 2006 Texas Instruments surprised customers in Europe with a complete new family of Euro Calculators labeled EC-3, EC-5 and EC-7 Pro.

The Euro ()

An expert group of the European Community (EC) started in the year 1994 to set up plans to use in the near future a single currency, the Euro. The report proposed to introduce the Euro in three phases:

bulletIn May 1998, in accordance with the procedure laid down in the Maastricht Treaty, the countries, which were to take part in the first wave of the EMU (European Monetary Union), were announced.
bulletOn January 1st, 1999, EMU will effectively start among the countries concerned, with the rates of conversion between the Euro and the participating currencies being irrevocably fixed.
bulletOn January 1st, 2002, the introduction of the new bank notes and coins will signal the final conversion to the Euro as the single currency of the countries taking part in EMU.

The reason for calculators like the -line from Texas Instruments is that the Euro was formed by merging eleven national currencies at fixed exchange rates on January 1st, 1999. They will persist in visible form (notes and coins) for three years until the final changeover on January 1st, 2002. Therefore conversions between national currencies in the Euro are not like normal exchange rates with variable rates; they are simply a different measurement of the same underlying entity, just like pounds and kilogrammes are different scales of measurement of weight. They have fixed six-digit conversion rates (not "exchange" rates). And because of the three-year transition period, economic entities must be able to handle both kinds of money from those they deal with.

Read more about the Euro here.

Currency Table of the -2001 calculator

1 = Icon Currency Country
40.3399 BEF Belgian Franc Belgium
1.95583 DEM Deutsche Mark Germany
166.386 ESP Peseta Spain
6.55957 FRF French Franc France
0.787564 IEP Irish Pound Ire
1936.27 ITL Italian Lira Italy
40.3399 LUF Luxemburg Franc Luxembourgh
2.20371 NLG Dutch Gilder Netherland
13.7603 ATS Austrian Schilling Austria
200.482 PTE Portuguese Eschcudo Portugal
5.94573 FIM Fin Mark Finland
  CC1 Reserved for the other  
  CC2 countries in EC not taking  
  CC3 part of the EMU  
  CC4    


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If you have additions to the above article please email: joerg@datamath.org.

Joerg Woerner, December 5, 2001. No reprints without written permission.