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The euro (symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents.
- Eurozone
The euro area, commonly called the eurozone (EZ), is a...
- Euro Banknotes
Euro banknotes from the Europa series (since 2013) Euro...
- Euro Sign
The euro sign (€) is the currency sign used for the euro,...
- List of Currencies in Europe
There are 29 currencies currently used in the 50 countries...
- 20 Euro Note
The twenty euro note (€20) is the third-lowest value euro...
- Euro Cent
The 1 euro cent coin (€0.01) has a value of one hundredth of...
- History of The Euro
European Union. Timeline. Organisation. Treaties....
- European Currency Unit
Exchange rate. Using a mechanism known as the "snake in the...
- Austrian Schilling
The schilling (German: Schilling; German pronunciation: ⓘ)...
- Eurozone
Mar 6, 2024 · euro, monetary unit and currency of the European Union (EU). It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in participating countries on January 1, 2002. After February 28, 2002, the euro became the sole currency of 12 EU member states, and their national currencies ceased to be legal tender.
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History and purpose. Why a common currency. An economic and monetary union (EMU) was a recurring ambition for the European Union from the late 1960s onwards. EMU involves coordinating economic and fiscal policies, a common monetary policy, and a common currency, the euro.
Official EU currency. The euro is the official currency of 20 European Union countries which comprise the Eurozone. Read more here. Countries using the euro. The EU countries using the euro, with a focus on the euro area, also known as the eurozone, non-euro area countries, and opt-out countries. The euro internationally.
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.
Euro is the currency of the countries in the eurozone. One euro is divided into 100 cent (officially) (singular) or "cents" (unofficially). Because of the number of different languages in the European Union, there are different, unofficial, names for this unit (the French call them "centimes" and the Spanish "céntimos", for example).