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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.
Mar 21, 2024 · The ECB’s most recent report on this topic (which was published in June 2023) showed no significant change in the international role of the euro in 2022 relative to 2021, with the share of the euro in total international currency use averaging close to 20% across various indicators, in line with the previous year.
Jun 9, 2020 · The share of the euro across various indicators of international currency use averaged around 19% – close to historical lows. The euro remained unchallenged as the second most important currency in the international monetary system (see Chart 2 ). Chart 1.
Jun 2, 2021 · International use of the euro broadly stable in 2020. 2 June 2021. Euro remains unchallenged as second most widely used currency globally after the US dollar. International role of the euro is broadly stable after the pandemic shock. Euro plays large role in international green bond markets.
The international role of the euro. Find out how the euro, the second most important currency in the world, is used outside the euro area.
The euro as legal tender. Information on the euro's status as legal tender in the euro area and its practical use as a national currency. The euro outside the euro area. Which non-EU members use the euro or link their currency to the euro, and how the euro is used as a global currency. Use of the euro.
Jun 24, 2021 · The euro is widely available outside the 19 countries that formally use it. About two dozen countries link their own currencies to it in some way, albeit mainly former European colonies and close ...
