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- The 20 eurozone members are: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
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The euro is the sole currency of 20 EU member states: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
- Eurozone
Eurozone. The euro area, [8] commonly called the eurozone (...
- Euro Banknotes
Euro banknotes from the Europa series (since 2013) Euro...
- Euro Sign
The euro sign (€) is the currency sign used for the euro,...
- Member States
List of European Union member states; Country ISO Accession...
- List of Currencies in Europe
Eurozone member states. ERM II member states with an...
- 20 Euro Note
The twenty euro note (€20) is the third-lowest value euro...
- 2 Euro Coin
The 2 euro coin (€2) is the highest-value euro coin and has...
- History of The Euro
Euro Zone inflation. The euro came into existence on 1...
- Austrian Schilling
The schilling (German: Schilling; German pronunciation: ⓘ)...
- Eurozone
- International Adoption
- Usage in States with Another Official Currency
- Trading Currency
- Pegged Currencies
- Reserve Currency Status
- See Also
Sovereign states
Several European microstates outside the EU have adopted the euro as their currency. For EU sanctioning of this adoption, a monetary agreement must be concluded. Prior to the launch of the euro, agreements were reached with Monaco, San Marino, and Vatican City by EU member states (Italy in the case of San Marino and Vatican City, and France in the case of Monaco) allowing them to use the euro and mint a limited amount of euro coins (with their own national symbols on the obverse side) to be v...
Dependent territories outside the EU
Outside the EU, there are currently three French territories and a British territory that have agreements to use the euro as their currency. All other dependent territories of eurozone member states that have opted not to be a part of EU, usually with Overseas Country and Territory (OCT) status, use local currencies which are often pegged to the euro or U.S. dollar. As non-sovereign entities, dependent territories which have adopted the euro are not permitted to mint euro coins like the Europ...
Unilateral adopters
Montenegro and Kosovo have also used the euro since its launch, as they previously used the German mark instead of the Yugoslav dinar. Unlike the states above, they do not have a formal agreement with the EU to use the euro as their currency, and have never minted marks or euros; rather, they depend on bills and coins already in circulation. Due to concerns that Serbia could use the dinar to destabilise Kosovo and Montenegro (the latter was in a political union with Serbia until 2006), both r...
In various countries, the euro is accepted by some merchants despite not being the official currency there. Additionally, it is sometimes used for pricing purposes even when actual payments are made in the official currency (e.g., for real estate).
In 1998, Cuba announced that it would replace the U.S. dollar with the euro as its official currency for the purposes of international trading. On 1 December 2002, North Korea did the same. (Its internal currency, the wŏn, is not convertibleand thus cannot be used to purchase foreign goods. The euro also enjoys popularity domestically, especially a...
Currently, there are several currencies peggedto the euro, some with fluctuation bands around a central rate and others with no fluctuations allowed around the central rate. This can be seen as a safety measure, especially for currencies of areas with weak economies. The euro is seen as a stable currency, i.e., there are no dramatic appreciations o...
The percental composition of currencies of official foreign exchange reservesfrom 1995 to 2022. The euro is a major global reserve currency, the second most widely held international reserve currency after the U.S. dollar. Inheriting this status from the German mark, its share of international reserves has risen from 23.65% in 2002 to a peak of 27....
Euro, the currency used by the most of countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar , are not used in day-to-day commerce, but are legal tender in their issuing jurisdiction.
State / Territory [1]Currency [1] [2]Symbol [d] Or Abbrev. [3]Iso Code [2]аҧ( none )₽RUB؋AFN€EUREconomy and Finance. The euro. 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. Austria and the euro.
