This character is a Uppercase Letter and is mainly used in the Greek script.
The glyph is a compatibility version of the glyph Glifo para U+03A5Greek Capital Letter Upsilon. It has no designated width in East Asian texts. In bidirectional text it is written from left to right. When changing direction it is not mirrored. The word that U+03D2 forms with similar adjacent characters prevents a line break inside it. The glyph can be confused with one other glyph.
El Wikipedia tiene la siguiente información acerca de este punto de código:
Upsilon (US: , UK: ; uppercase Υ, lowercase υ; Greek: ύψιλονýpsilon[ˈipsilon]) or ypsilon is the twentieth letter of the Greek alphabet. In the system of Greek numerals, Υʹ has a value of 400. It is derived from the Phoenician waw .