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stelo
The Stelo ("star"; plural: ''Steloj'') was from 1945 to 1993 a monetary unit of Esperantists, one of whose aims was to achieve a single world currency. Attempts at an earlier currency, the Speso, with derived units like the Spesmilo, were cut short by the First World War. For a time the Universal League (in Esperanto: ''Universala Ligo''), an arm of the Esperanto movement, issued coupons and coins denominated in Steloj, making attempts to link the Stelo to existing currencies on the basis of relative purchasing power in different countries. ==The ''Speso''== For Esperantists concerned with international relationships the need for a currency with a fixed purchasing power was very important. To commemorate the 25th anniversary of Esperanto in 1912, the Swiss firm Holy Frères struck coins for the World Esperanto Association — the ''Speso'' (plural: ''Spesoj'') — in the denominations ''spesdeko'' (10 spesoj), ''spescento'' (100 spesoj), ''spesmilo'' (1,000 spesoj) and ''spesdekmilo'' (10,000 spesoj). The First World War, however, put an end to this initiative.
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