These sites include recent news on the Euro as well as issues like implementation, spelling, legislation, and more. Additionally, there are various nicknames for the currency including, Ege (Finnish), Pavo (Spanish), and Euráče (Slovak).įor more information on the EUR, we encourage you to visit the links below, particularly the European Central Bank. Many languages have different official spellings for the Euro, which also may or may not coincide with general use. The official spelling of the EUR currency unit is "euro", with a lower case "e" however, the common industry practice is to spell it "Euro", with a capital "E". For details, refer to the official ECB site listed in the Relevant Links section below. Some old currencies are still physically convertible at special locations. It’s about how much one currency is worth in the other, use our currency converter to find out. For example, an exchange rate of 1 US dollar to 2 euros means you convert 1 USD to 2 EUR and 2 EUR to 1 USD. The XE Currency Converter supports the above obsolete currencies to make a conversion, type the name of the currency in the search box. You convert one currency to another using the exchange rate between those two currencies. Set rate alerts for EUR to USD and learn more about Euros and US Dollars from XE - the Currency Authority. The precise dates that each old currency ceased being legal tender and their official fixed rates are shown in the table below. Get the latest 200 Euro to US Dollar rate for FREE with the original Universal Currency Converter. The Euro is used as a trading currency in Cuba, North Korea, and Syria and several currencies are pegged to it.Įuro bank notes and coins began circulating in 2002 with old notes and coins gradually being withdrawn from circulation. The Euro is also used in many territories, departments, and sovereign states of Euro-zone countries, such as the Azores, Balearic Islands, the Canary Islands, Europa Island, French Guiana, Guadeloupe, Juan de Nova, the Madeira Islands, Martinique, Mayotte, Reunion, Saint-Martin, Saint Pierre and Miquelon, to name just a few. Greece followed suit in 2001, Slovenia in 2007, Malta and Cyprus in 2008, Slovakia in 2009 and Latvia in 2014.Ī number of sovereign states that are not part of the European Union have since adopted the Euro, including the Principality of Andorra, the Principality of Monaco, the Republic of San Marino, and the Vatican City. Initially, eleven of the countries in the European Economic and Monetary Union replaced their own currencies with the Euro: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The European Currency Unit was a theoretical basket of currencies rather than a physical currency in and of itself. On January 1, 1999, the Euro (EUR) was introduced as an account currency, replacing the European Currency Unit at par. Other common names for the Euro include Yoyo (Irish English), Leru (Spanish), and Ege (Finnish). It is the second-most traded currency on the forex market, after the US Dollar, and also a major global reserve currency. Currently, 17 EU member states have adopted the Euro. The central bank in Europe is called the European Central Bank (ECB).
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