Can you explain the euro currency?

Answer 1

Instead of each country having different currencies (such as frank, marc, lira, etc.) certain countries adopted a new currency called the eruo. It became a currency on January 1st, 1999. It is used in many mainland Europe countries (called the eurozone) such as Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain and other countries such as Montenegro, Andorra, Monaco, San Marino, Kosovo and the Vatican.

There is the 1 euro cent, 2 euro cent, 5 euro cent, 10 euro cent, 20 euro cent, 50 euro cent, 1 euro and 2 euro coin, along with a €5, €10, €20, €50, €100, €200 and €500 bill. Each country uses the same bill but the coins are different. Each countries coin has a unique, or several unique, backs to it. You can use any of the euro coins in any of the countries labeled above, along with on certain ferries between the UK and the EU and trains betwen the eurozone and non-eurozone countries (such as Switzerland).