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Find out which EU countries use the euro and those which may adopt it or which have an opt-out. How EU countries can join the euro area.
Nineteen countries in the world use the Euro, including most members of the European Union (EU). Which countries use Euros? Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain use the Euro.
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2 days ago · In Central Europe, there are only a few countries with their own independent currency. In Denmark, payment is made with the Danish crown, but the crown is linked to the euro with a fixed exchange rate. One Euro corresponds to about 7.46 kroner. Switzerland and Great Britain go their own way.
The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to pre-euro currencies, such as in Monaco.
On January 1, 1999, one of the largest steps toward European unification took place with the introduction of the euro as the official currency in 12 countries (Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain).
the euro is widely used, alongside the US dollar, as an important reserve currency for monetary emergencies. In 2015, more than one-fifth of the global foreign exchange holdings were in euros. the euro is the second most actively traded currency in foreign exchange markets.
EU countries and the euro. The euro is the currency of 20 EU Member States. Denmark has ‘opt-out’ clauses in the Treaty exempting him from participation, while the remainder have yet to meet the conditions for adopting the single currency.
