This character is a Currency Symbol and is commonly used, that is, in no specific script.
The glyph is not a composition. It has no designated width in East Asian texts. In bidirectional text it is written as end of a European number, e.g., a currency symbol, from left to right. When changing direction it is not mirrored. U+20B0 prohibits a line break after it, if it is followed by a number.
The CLDR project calls this character “german penny” for use in screen reading software. It assigns these additional labels, e.g. for search in emoji pickers: currency, german, penny, pfennig.
The Wikipedia has the following information about this codepoint:
The symbol ₰ can mean:
a sign for Pfennig, the minor coin of the German Mark
dele or deleatur, a proof mark
Representations
System
Representation (click value to copy)
Nº
8368
UTF-8
E2 82 B0
UTF-16
20 B0
UTF-32
00 00 20 B0
URL-Quoted
%E2%82%B0
HTML hex reference
₰
Wrong windows-1252 Mojibake
â‚°
Encoding: GB18030 (hex bytes)
81 36 B3 35
AGL: Latin-5
uni20B0
RFC 5137
\u'20B0'
Bash and Zsh inside echo -e
\u20B0
C and C++
\u20B0
C#
\u20B0
CSS
\0020B0
Excel
=UNICHAR(8368)
Go
\u20B0
JavaScript
\u20B0
Modern JavaScript since ES6
\u{20b0}
JSON
\u20B0
Java
\u20B0
Lua
\u{20B0}
Matlab
char(8368)
Perl
"\x{20B0}"
PHP
\u{20b0}
PostgreSQL
U&'\20B0'
PowerShell
`u{20B0}
Python
\u20B0
Ruby
\u{20b0}
Rust
\u{20b0}
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