euro
Sign in to saveThe euro (symbol: €; currency code: EUR) is the official currency of 21 of the 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.
AI overview
The euro is the official currency used by 21 European Union countries, collectively known as the eurozone. It matters because it simplifies trade and travel across a large region by allowing people and businesses in these countries to use the same money instead of different national currencies.
AI-generated from the Wikipedia summary — may contain errors.
Key facts
- Currency.name
- Euro
- Currency.image_1
- border|86px border|91px border|95px border|100px border|105px border|109px
- Currency.image_width_1
- 280px
- Currency.image_title_1
- Euro banknotes (obverse)
- Currency.iso_code
- EUR
- Currency.subunit_name_1
- euro cent
- Currency.unit
- euro
- Currency.plural
- Varies, see language and the euro
- Currency.symbol
- €
- Currency.symbol_subunit_1
- c
- Currency.frequently_used_banknotes
- €5, €10, €20, €50, €100
- Currency.rarely_used_banknotes
- €200, €500
Article
51 sectionsContents
- Characteristics
- Administration
- Countries that use the euro
- Eurozone members
- Special territories of members of the European Economic Area
- Other users
- EU members not using the euro
- Committed to adopt the euro <span class="anchor" id="Obliged to adopt the euro"></span>
- Opt-outs
- Coins and banknotes
- Coins
- Coin minting
- Banknotes
- Issuing modalities for banknotes
- Banknote printing
- Payments clearing, electronic funds transfer
- History
- Introduction
- Currency sign
- Eurozone crisis
- Direct and indirect usage
- Agreed direct usage with minting rights
- Agreed direct usage without minting rights
- Unilateral direct usage
- Currencies pegged to the euro
- Use as reserve currency
- Economics
- Optimal currency area
- Transaction costs and risks
- Price parity
- Macroeconomic stability
- Trade
- Investment
- Inflation
- Exchange rate risk
- Financial integration
- Effect on interest rates
- Price convergence
- Tourism
- Exchange rates
- Flexible exchange rates
- Against other major currencies
- Political considerations
- Eurozone
- Countries not using the euro
- ''Euro'' in various official EU languages
- See also
- Notes
- References
- Further reading
- External links
The euro (symbol: €; currency code: EUR) is the official currency of 21 of the 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.
The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, by one British Overseas Territory, as well as unilaterally by two European states that are not EU members. Outside Europe, a number of special territories of EU members also use the euro as their currency.