answersLogoWhite

0


Best Answer

The Euro was introduced on January 1st, 1999 in an electronic form. But it did not become legal tender officially until January 1, 2002.

The Euro began public circulation in the Year 2002. This currencey was introduced on an effort to consolidate the types of currencies used in Europe.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why did the Euro come into being and what was the date it became official?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What year did the euro come in to Ireland?

The Euro currency was physically introduced into Ireland on 1st January 2002 although it had come into being on paper only a few years earlier with all banking transactions being given in both Punt and Euro.


when I search euroshutters it does not come up what do I have to do to be found on your search?

You can find Euro Shutters' official website at: www.euroshutters.net.


When did the euro coins and bills come into circulation?

The euro coins and bills came into circulation on January 1, 2002. This marked the official launch of the physical euro currency for countries within the Eurozone.


Where does the name Euro come from?

The Euro was named after the continent Europe.


What is the curency of Czech Republic?

euros no it is not euro it it Czech Crown. Euro should come about 2012!!!!!!!!!!!!!!!!


What channel does the euro 2012 come on?

EURO 2012 will be on ESPN and FSC (fox soccer channel).


What year did the Euro currency come out?

1999


When did Euro come into force?

On the 1st of January 2002.


What channel does tna come in Lebanon?

Euro sport


What place did Ireland come in the Euro 2011?

There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.There was no Euro 2011 football finals.


Largest euro bank note?

Euro notes come in denominations of €500, 200, 100, 50, 20, 10, and 5.


What is the currency called in Paris?

Paris's currency are euros. Euro notes come in denominators of 5, 10, 20, 50, 100, 200, and 500. One euro is divided into 100 cents. Euros are the official currency of the European Union, and are used by the majority of the EU's member nations. France is an EU country, so the euro is used there.First! Paris is NOT a country. It's the capital of France. In France they use euros.