Official currency of 19 of the member states of the European Union.- Euro
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The euro sign is the currency sign used for the euro, the official currency of the eurozone and unilaterally adopted by Kosovo and Montenegro.
Published in 1978.
The inclusion of EU (denoting the European Union) in the ISO 3166-1 reserved codes list allows the euro to be coded as EUR rather than assigned a code beginning with X, even though it is a supranational currency.
Political and economic union of 27 member states that are signatories to the founding treaties of the union and thereby share in the privileges and obligations of membership.
They all use the euro as their currency.
Foundation treaty of the European Union .
Concluded in 1992 between the then-twelve member states of the European Communities, it announced "a new stage in the process of European integration" chiefly in provisions for a shared European citizenship, for the eventual introduction of a single currency, and (with less precision) for common foreign and security policies.
One of the money functions.
Many international transactions continue to be settled in this way, using a national value (most often expressed in the US dollar or euro) but with the actual settlement in something else.
Monetary unit of many national currencies that equals 1⁄100 of the basic monetary unit.
Euro – the coins bear the text "Euro cent". Greek coins have ΛΕΠΤΟ ("lepto") on the obverse of the one-cent coin and ΛΕΠΤΑ ("lepta") on the obverse of the others. The actual usage varies depending on the language.
There are eight euro coin denominations, ranging from one cent to two euros (the euro is divided into a hundred cents).
The eurozone, officially called the euro area, is a monetary union of 19 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender.
Standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.
Under this definition, U.S. dollars (US$), euros (€), Indian rupee (₹), Japanese yen (¥), and pounds sterling (£) are examples of (government-issued) fiat currencies.
Unit of account used by the European Economic Community and composed of a basket of member country currencies.
The ECU replaced the European Unit of Account (EUA) at parity in 1979, and it was later replaced by the euro (EUR) at parity on 1 January 1999.