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The Euro is the common European currency. It is currently used in the 13 block Euro-zone as their common currency. It is currently going down against the dollar.

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Continue Learning about History of Western Civilization

What was the euro predecessor?

The correct answer is ECU for European Currency Unit.


What did both northern European and the Italian renaissance have in common?

They were both European renaissances


How much does a European dollar cost in America?

Europe does not use dollars. The currency in Europe is the Euro, and as of today the value of €1.00 is US$1.406


What was Charlemagnes influence on European civilization?

Charlemagne impacted European civilization because his empire eventually broke up into the modern European countries, more or less. He also taught all of his empire to speak Latin, and simplified the currency to one silver currency: the denier. He also made the first schools and colleges and became the first emperor of Europe since the Roman age.


How did the use of standard currency or coins help the economy of the Roman Empire?

Augustus created a new standard currency. There was already a standard currency previously, during the Republic. A standard currency was needed to have a uniform monetary system for payments and for the exchange of goods throughout the empire. Augustus followed an innovation introduced by Julius Caesar. Caesar was the first ruler who introduced coins baring his own portrait. Augustus introduced coins with his own portrait, establishing the tradition of linking the emperor's sovereignty with the issuing of coinage. Subsequent emperors also issued coins with their image. Augustus also reformed the coinage system to rationalise it and make it more fitting with the new economic conditions of the empire.