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3 days ago · Countries using the euro The euro was introduced as book money in the European Union on January 1, 1999, and as an official cash currency on January 1, 2002. Currently, the euro is the official currency in 0 countries. Due to its special significance in international trade, it is also one of the major reserve currencies.
- Principality of Monaco
The Principality of Monaco is a country on the Mediterranean...
- Convertible Mark
Currency reserves for the Convertible mark According to the...
- Comorian Franc
Currency reserves for the Comorian franc According to the...
- Bulgarian LEV
Currency reserves for the Bulgarian lev According to the...
- Danish Krone
Currency reserves for the Danish krone According to the...
- Vatican City
The currency in Vatican City is the euro (EUR). 1 Euro is...
- San Marino
The currency in San Marino is the euro (EUR). 1 Euro is...
- Åland Islands
The currency on the Åland Islands is the euro (EUR). 1 Euro...
- Principality of Monaco
These countries generally had previously implemented a currency peg to one of the major European currencies (e.g. the French franc, Deutsche Mark or Portuguese escudo), and when these currencies were replaced by the euro their currencies became pegged to the euro. Pegging a country's currency to a major currency is regarded as a safety measure, especially for currencies of areas with weak economies, as the euro is seen as a stable currency, prevents runaway inflation, and encourages foreign ...
The matter is, that some of them don't have their own money and officially use the foreign currency. Thus the European euro is used in 35 independent states and overseas territories, the United States dollar is used in 10 foreign countries and in the USA, the West African CFA franc - in 8 and the Central African CFA franc - in 6 African states, the East Caribbean dollar - in 6 Caribbean nations.
Country Or TerritoryCurrencyIso-4217AfghanistanAfghan afghaniAFNAkrotiri and Dhekelia (UK)European euroEURAland Islands (Finland)European euroEURAlbaniaAlbanian lekALLThe euro (€) is the official currency of 20 out of 27 EU member countries, known as the euro area. Learn how countries join the euro area, which ones have an opt-out, and what are the benefits and challenges of the common currency.
- The Euro: €
- Euro Countries
- Recent and Future Euro Countries
- Why Some Countries Don't Use It
- Euro vs. Dollar
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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 ...
The euro is the official currency of 19 European Union member countries and some non-EU territories. Learn about the history, benefits, and challenges of using the euro, and how it compares to the U.S. dollar.
- Matt Rosenberg
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3 days ago · 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.
