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The name of the currceny or the European Monetary Union(EMU), the euro, was officially adopted on 16 December 1995.
It was introduced to the world financial markets as an accounting currency, that is to say a currency without physical coins or bank notes, on 1 January 1999.
And the actual notes and coins were first entered into circulation on 1 January 2002.
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What is the national currency of Ukraine?
the currency is euro
When and why was euro created?
The Euro was created in 1957. It was created to make a single currency throughout Europe. Single currency has many advantages.
What year did the Euro currency come out?
1999
How many years has the Euro been used?
The Euro currency was established in the Maastricht treaty in 1992 - and began 'life' as the ECU (European Currency Unit). It wasn't named the 'Euro' until 1995.
What was the currency in Spain before the euro?
Spain used the Peseta before they changed to the Euro.
