There are eight currencies of the European Union as of 2023[update] used officially by member states. The euro accounts for the majority of the member states with the remainder operating independent monetary policies. Those European Union states that have adopted it are known as the eurozone and share the European Central Bank (ECB). The ECB and the national central banks of all EU countries, including those who operate an independent currency, are part of the European System of Central Banks.
^"Gross domestic product at market prices". Eurostat. Retrieved 8 August 2020.
and 29 Related for: Currencies of the European Union information
The euro (symbol: €; currency code: EUR) is the official currencyof 20 ofthe 27 member states oftheEuropeanUnion. This group of states is officially...
or XEU) was a unit of account used by theEuropean Economic Community and composed of a basket of member country currencies. The ECU came in to operation...
former empires. CurrenciesoftheEuropeanUnion Economy oftheEuropeanUnion Enlargement oftheEuropeanUnion (1973–2013) European Economic Area (integration...
not propose a single currency or central bank. An attempt to limit the fluctuations ofEuropeancurrencies, using a snake in the tunnel, failed. In 1971...
amero. The concept is modeled on the common EuropeanUnioncurrency (the euro). One argument is that it would save up to $3 billion in currency transactions...
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...
virtual currencies. Virtual currencies can be attached to a legal currency. Attachment is a legal or economic mechanism that links the value ofthe digital...
'accounting currency' officially replaces twelve national currencies 2002 – Euro banknotes and coins physically replace the twelve national currencies 2003 –...
The institutions oftheEuropeanUnion are the seven principal decision-making bodies oftheEuropeanUnion and the Euratom. They are, as listed in Article...
This is a list ofthe largest cities in theEuropeanUnion according to the population within their city boundary. The cities listed all have populations...
theEuropean Communities and theEuropeanUnion from 1972 onwards. Some ofthe acts (particularly theEuropean Communities Act 1972 and theEuropean Union...
TheEuropeanUnion (EU) uses a number of symbols, including the Flag ofEurope, Anthem ofEurope, Motto oftheEuropeanUnion and Europe Day. These symbols...
stable currencies, which are seen as a hedge against local inflation. The exchange rate is grossly more favourable to the seller ofthe foreign currency than...
people generally prefer hard currencies to soft currencies at times of increased inflation (or, more precisely, times of increased inflation differentials...
values of any currencies pegged to it will also rise and fall in relation to other currencies and commodities with which the pegged currency can be traded...