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The euro is the official currency of 20 out of 27 EU member countries, including the Eurozone and the non-Eurozone countries. Learn how countries join the euro area, the benefits of the common currency and the conditions for opting out.
The euro is the main unit of currency used by most countries in the European Union. As of January 2023, a total of 20 full members of the European Union have designated the euro as their primary currency, and six additional members are in the process of completing the prerequisites so they can do the same.
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Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.
- EUR (numeric: .mw-parser-output .monospaced{font-family:monospace,monospace}978)
- Varies, see language and the euro
- The Euro: €
- Euro Countries
- Recent and Future Euro Countries
- Why Some Countries Don't Use It
- Euro vs. Dollar
The symbol for the euro is a rounded "E" with one or two cross lines: €. Euros are divided into euro cents, each euro cent consisting of one one-hundredth of a euro.
The euro is one of the world's most powerful currencies, used by more than 175 million Europeans in 19 of 28 EU member countries, as well as some countries that are not formally members of the EU. Countries currently using the euro: 1. Andorra(not an EU member) 2. Austria 3. Belgium 4. Cyprus 5. Estonia 6. Finland 7. France 8. Germany 9. Greece 10....
On January 1, 2009, Slovakia started using the euro, and Estonia began using it on January 1, 2011. Latvia joined in on January 1, 2014, and Lithuania began using the euro January 1, 2015. EU members the United Kingdom, Denmark, Czech Republic, Hungary, Poland, Bulgaria, Romania, Croatia, and Sweden don't use the euro as of 2019. New EU member coun...
Great Britain and Denmarkare the two countries that, as part of the EU, opted out of adopting the currency. Great Britain even voted to leave the European Union in the Brexit vote in 2016, so as of 2019, the currency issue looked to be a moot point. The pound sterling is a major currency in the world, so leaders didn't see the need to adopt anythin...
The dollar has historically been used as a common currency internationally, just like English has been a common language between people of different countries. Foreign countries and investors see U.S. Treasury bonds as safe places to put their money because of a stable government behind the dollar; some countries even hold their financial reserves ...
- Matt Rosenberg
Eurozone. The euro area, [8] commonly called the eurozone ( EZ ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU policies. The 20 eurozone members are:
- 1 January 1999
- European Union
May 10, 2023 · You can use the euro in 20 EU countries: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. Discover more about the euro, which countries use it and the exchange rates. You can use all the notes and coins in ...
