answersLogoWhite

0

The euro is the currency of the European Union, adopted in 2002. A few member states - England and Denmark are among the most notable - opted out of initial conversion but as other countries merge into the EU they must change their currency as a condition of joining.

Use of the euro means there are no longer issues of currency conversion every time anyone crosses a border, and prices have begun to level out because it's easier for consumers to compare purchasing power in different parts of the EU. It's also much easier for businesses to operate because they can conduct transactions in a single currency no matter where their operations are located.

There are eight euro coins and seven bills. See Related Links for images.

User Avatar

Wiki User

17y ago

What else can I help you with?