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The euro ( symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. [6] [7]
The euro is the most tangible proof of European integration: around 341 million people use it every day, making it the second most-used currency worldwide. The benefits of the common currency are immediately obvious to anyone travelling abroad or shopping online on websites based in another EU country.
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.
Currently, the euro is the official currency of 19 of the 27 members of the European Union, constituting the Eurozone or euro area. Overall, the majority of countries using the euro as...
The euro is shared by close to 350 million Europeans. 60 countries and territories, representing 175 million people, have pegged their own currencies to the euro either directly or indirectly.
The euro unites us – it’s used by about 350 million people across 20 European Union countries. The euro is a beacon of stability and a symbol of European unity. It’s also one of the most trusted currencies in the world.
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. Austria and the euro. Austria joined the European Union in 1995 and was one of the first countries to adopt the euro on 1 January 1999.
