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The single currency was the Euro.

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Q: What is the name of the currency that was introduced for use in 1999 and is now used in over 20 European countries.?
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What is is the name of the currency that was introduced for use in 1999 and is now used in over 20 European countries?

The single currency was the Euro.


What is the name of currency that was introduced for use in 1999 and is now used in over 20 European countries?

The single currency was the Euro.


What is the name of the currency that was introduced for use in 1999 and is now used in over twenty European countries?

Euro


What common currency did the European Union introduce in 1999?

The Euro was introduced in 1999 and started to be used by 12 of the then 15 countries of the European Union in 2002. Now 17 of the 27 members use it.


When Euro currency was introduced?

1999 was the formal introduction. Som other countries have adopted the Euro after that.


What did the European union introduced in 1999 to create interdependence among countries?

The Euro, which was created in 1999 and actually came into circulation in 2002.


When was the euro introduced as currency in Europe?

January 1st 1999


What was the currency that the EU introduced in 1999?

The Euro began in 1999, but did not come into circulation until 2002.


When did the European Union create a single monetary unit?

It came into existence in currency markets on the 1st of January 1999 and began to be used in 12 countries as a day to day currency on the 1st of January 2002.


What is Madrid currency?

Spain, like much of the European Union (with the notable exception of the United Kingdom and a few other countries), uses the euro as its currency. Up until 2002, when the euro was introduced into the Spanish economy, the currency of Spain was the peseta.


In what year was 1000 naira Nigerian currency introduced?

First of December 1999.......


When did the monetary unit in Italy change?

The Euro was introduced as the official currency of the European Union as an accounting unit in 1999 and was adopted as coin and paper currency on the 1 Januray 2002 and Italy is a member of the EU. When the currency was adopted for a certain period of time [variable per country] there was dual currency circulation - the former national currency [Italian Lira] and Euros. In Italy this period was extended to almost two years.