Euro (Germany) (EUR)
Euro (Germany) information, convert to all major global currencies, check exchange rates for EUR with the SendWave Currency Converter calculator.
The Euro is the official currency of Euro Member Countries, and is represented by the € symbol. The Euro is used in both European and a number of non-European countries, and is considered a major global reserve currency. Today, the Euro (EUR) is the second most traded currency in the world.
The Euro
The Euro is the official currency of Euro Member Countries, and is represented by the € symbol. The Euro is used in both European and a number of non-European countries, and is considered a major global reserve currency. Today, the Euro (EUR) is the second most traded currency in the world.
A brief history of the Euro
The Euro was introduced on 1st January 1999 – replacing the theoretical basket of currencies, known as the European Currency Unit.
Initially, eleven countries within Europe (the recognised economic and monetary union) introduced the Euro. These were: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Later, in 2001, Greece also adopted the Euro; Slovenia in 2007; Malta and Cyprus in 2008; Slovenia in 2009; and Latvia in 2014.
3 fun facts about the Euro
#1 Different countries have different nicknames for the Euro
The Euro is used so widely, its hardly surprising that different countries and cultures have different nicknames for their shared currency. These include ‘Yoyo’ (Ireland), ‘Leru’ (Spain), ‘Ege’ (Finland), ‘Tuero’ (Germany).
#2 17 EU member states use the €
That’s right. And the centralised bank that helps coordinate all this is the European Central Bank (ECB), based in Frankfurt, Germany.
#3 Several non-EU states use the €
Believe it or not, the Euro is also used in a long list of non-European states. These include: the Principality of Andorra, the Principality of Monaco, the Republic of San Marino, and the Vatican City – as well as the territories of the Balearic Islands, the Canary Islands, and many more (see below).
Which countries use the Euro?
The Euro is official currency in: European Member Countries, Andorra, Azores, Baleares (Balearic Islands), Canary Islands, French Guiana, French Southern Territories, Guadeloupe, Holy See (Vatican City), Madeira Islands, Monaco, Montenegro, Réunion, Saint Pierre and Miquelon, Saint-Martin, San Marino, Vatican City (The Holy See).
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