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  1. As of 2021, however, the euro has not displaced the U.S. dollar as primary reserve currency due to the European debt crisis which engulfed the PIIGS countries from 2009-2014. [citation needed] Instead the euro's stability and future existence was put into doubt, and its share of global reserves was cut to 19% by year-end 2015 (vs 66% for the ...

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  3. Croatia will become the 20th member of the eurozone from 1 January 2023. A fixed conversion rate has been set at 1 € = 7.53450 kn. Croatia's currency, the kuna, has used the euro (and prior to that one of the euro's major predecessors, the German mark or Deutsche Mark) as its main reference since its creation in 1994, and a long-held policy of the Croatian National Bank has been to keep the ...

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