EUros
Franks.
No but they have applied to join the EU ( European Union ) and may join in the next 5 years or so. The currency, however, is the Euro which Montenegro has used since the currency started.
the euro
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.
EU, I think means euro, like the currency of Europe €
If EU represent EURO currency, the advantage is that in Europe many countries have adopted EU for transactions. Tourists and travellors need not exchange currency.
The euro is the unit of currency used by many EU member nations. It replaced each country's own currency, and as such the euro doesn't need to be exchanged when travelling between countries. The German mark, French franc, Austrian schilling, Irish pound, and Italian lire were all replaced.
The name of the currency used in Haiti is "gourde'
Hungary joined the EU in 2004, but has not yet joined the Euro currency.
The name of the currency used in Haiti is "gourde'
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.