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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 currency...
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.
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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. Four small states have been given a formal right to use the ...
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.
Three out of four people in the euro area support the euro, according to the Eurobarometer survey, a twice-yearly opinion poll by the European Commission. This is the highest level of public support since 2004. Internationally, the euro ranks second both in terms of most traded currencies and in terms of most important reserve currencies.
Additionally, over 200 million people worldwide use currencies pegged to the euro . The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.
Page contents. Documents. The euro is the currency of 19 EU countries, over 340 million EU citizens and the second most important currency in the world.
