May 12, 2022 · The euro is an official currency not only within the EU. It is also used outside. Not surprisingly, the microstates of Andorra, Monaco, San Marino and the Vatican also use the euro. They are surrounded by other euro countries anyway and their size and dependence would cause unnecessary economic disadvantages.
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona.
Despite the Euro used as the currency by EU member states, eight of the 27 current members were found to not use the Euro and to have maintained their own independent currency including Bulgaria, Hungary, Poland and Sweden. Denmark, despite having joined the EU in 1973**, has also not changed its currency and still uses the Danish Krone (DKK). Euro
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All the member countries of the European Union use the currency except for three i.e. Denmark, Sweden, and the UK. All the institutions of the European Union and the countries that aren’t the members of EU like the Republic of Kosovo use The Euro as their currency.Country Or TerritoryCurrencyIso-4217Akrotiri and Dhekelia (UK)European euroEURAland Islands (Finland)European euroEURAlbaniaAlbanian lekALLAndorraEuropean euroEUR
Jan 22, 2014 · The advantages of this currency are diverse including stable prices, acceptability in many countries and integrated financial markets. 18 Official member countries of the Eurozone using Euro as their currency are : Austria Belgium Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Luxembourg Malta Netherlands Portugal Slovakia
Eurozone (85.5%) Poland (3.8%) Sweden (3.4%) Others (7.3%) There are nine currencies of the European Union as of 2020 used officially by member states. The euro accounts for the majority of the member states with the remainder operating independent monetary policies.