IUA
The cost estimates for the construction and operation phases of the ITER Project have been quantified using an internal currency called the "ITER Unit of Account" or IUA, established in 1989. The basis of conversion from IUA to Euro has been agreed between the Members and is updated each year.
Because seven ITER Members are collaborating to build ITER, each with responsibility for the procurement of in-kind hardware in its own territory with its own currency, the IUA was devised to measure the value of in-kind contributions consistently over time, and to neutralize market fluctuations.


























































































































