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The euro ( symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone.
After much disagreement, in December 1995 the name euro was adopted for the new currency (replacing the name Ecu used for the previous accounting currency), [4] on the suggestion of then-German finance minister Theo Waigel. They also agreed on the date 1 January 1999 for its launch.
The euro sign ( €) is the currency sign used for the euro, the official currency of the eurozone and adopted, although not required to, by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists of a stylized letter E (or epsilon ), crossed by two lines instead of one. Depending on convention in each nation, the symbol can ...
The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to pre-euro currencies, such as in Monaco. Four small states have been given a formal right to use the euro, and to mint their own coins, but all other ...
Euro coins There are eight euro coin denominations, ranging from one cent to two euros [1] (the euro is divided into a hundred cents). The coins first came into use in 2002. They have a common reverse, portraying a map of Europe, but each country in the eurozone has its own design on the obverse, which means that each coin has a variety of different designs in circulation at once. Four ...
Coins of the Indonesian rupiah. 100-, 200-, 500-, and 1000-rupiah coins from 1999, 2003, and 2010 series. The first coins of the Indonesian rupiah were issued in 1951 and 1952, a year or so later than the first Indonesian rupiah banknotes printed, following the peace treaty with the Netherlands in November 1949.
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it. It is the currency used by the institutions of the European Union and in the failed treaty on a ...
Identifying marks on euro coins. Before the introduction of the euro, the current eurozone members issued their own individual national coinage, most of which featured mint marks, privy marks and/or mint master marks. These marks have been continued as a part of the national designs of the euro coins, as well.