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Andorra did not have an official currency before adopting the euro, and unlike its two larger neighbours, France and Spain, which surround it, it is not a member of the EU.
Andorra lacked a currency of its own and used both the French franc and the Spanish peseta in banking transactions until 31 December 1999, when both currencies were replaced by the EU's single currency, the euro. Coins and notes of both the franc and the peseta remained legal tender in Andorra until 31 December 2002.
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What currency does Andorra use?
Does Andorra use the Euro?
When will Andorra issue a euro coin?
Is Andorra a member of the European Union?
Apr 23, 2024 · Although not a member of the European Union, Andorra has used the euro as its de facto primary currency since 2002. In July 2011 Andorra concluded a monetary agreement with the EU that made the euro its official currency, although the Andorran government was not granted the power to issue its own euro banknotes.
The answer is that the official currency of Andorra is the euro, which has the currency code EUR and the currency symbol €. So, if you’re ever asked does Andorra use euro, the answer is a simple “yes”.
The euro (€) has been the official currency of Andorra since it was introduced in 2002. Prior to this, both the Spanish peseta and the French franc were considered legal tender. In 2011, Andorra signed a monetary agreement with the European Union which allowed the Principality to issue Andorran euros starting in 2014.
6 days ago · Although not a member of the EU, Andorra enjoys a special relationship with the bloc that is governed by various customs and cooperation agreements, and Andorra uses the euro as its national currency. Tip. Visit the Definitions and Notes page to view a description of each topic. Definitions and Notes. Geography. Location.
May 21, 2023 · Andorra National Currency: The Euro. May 21, 2023 by Mahmood Rehan. In this article, we will explore the Andorra National Currency, which is the euro. As a small country located in the Pyrenees Mountains between France and Spain, Andorra has a unique position when it comes to currency.
