There are 10 currencies in the European Union. 19 of the 28 European Union countries use the Euro. The other 9 countries use their own currencies. They are the Bulgarian lev, British pound sterling, Croatian kuna, Czech koruna, Danish krone, Hungarian forint, Polish złoty, Romanian leu and the Swedish krona.
What was once called the EEC, is now the EU or European Union. The EU has many currencies. 18 of its 28 members use the Euro, but as there are other currencies, neither it nor any others can be said to be the EU currency.
The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.
The biggest savings is in trade between one country and the EU, or between the EU states. Conversion of currency is complex and needs a vast accounting system. Businesses would need to hedge against currencies if they sell products in different countries that use different currencies. One common currency in the EU makes this process much easier. Another advantage to the EU states is the power of their currency as a reserve currency for the world. A currency held by many states is more attractive as a reserve currency as the market for the currency is more liquid.
The Yahoo exchange rate calculator currently supports up to 153 currencies. It supports all major currencies as well as many other, less common currencies.
=in he eu there are millions of cars=
There are 27 EU countries.
No currency replaced "most" money in 2002. The euro was introduced that year and replaced the old national currencies of a dozen states in the EU, but that left untouched about 180 other national currencies in use around the world.
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There are currently 165 negotiable currencies in use around the world.
The majority of countries in EU (European Union) use Euro but not all. Rest of the European countries have their own currencies. Hope this answer proves useful for everyone.
In 2005, there were 25 countries in the EU.