EUR | ユーロ | OANDA

EUR | Euro | OANDA Data Services Login FAQs Partners This site requires JavaScript. Please enable JavaScript within your Browser content settings to have full access to site features. Currencies Facts Major Currencies Euro Euro Currency EUR Description The official currency used in the Eurozone is the euro (EUR). The eurozone consists of the 17 states of the European Union: Austria, Cyprus, Estonia, Portugal, Belgium, Germany, Malta, Portugal, Netherlands, Italy, Ireland, Greece, Luxemburg, France, Slovakia, Spain, and Slovenia. The euro is the second-largest currency that is traded worldwide. Economy The euro is seen as a macro-economy system. It gives the countries that are part of the eurozone economical stability. Trade industry increased by 5% since the implementation of the Euro. Exchange rate risk is reduced for all the countries in the eurozone. Most countries also experienced a reduction in interest rates. Tourism in the EU countries has also increased by 6.5% because of the common currency. The euro is rated as a major reserve currency and is in the same league as the Japanese yen , US dollar , British pound , and Swiss franc . The exchange rate for the euro is a floating or flexible rate. History In 1992, the euro was established by the Maastricht Treaty. Strict rules were given to the member states before they could become part of the eurozone. Two countries were exempt from the rules–the United Kingdom and Denmark. The name was established in 1995, when the euro replaced the “European currency unit”. The euro unofficially replaced the European currency unit in 1999. In 2002, all old currencies were discontinued and replaced by the new Euro notes and coins. Member countries discontinued their old notes and coins at different times. The euro unofficially replaced the European currency unit in 1999. In 2002, all old currencies were discontinued and replaced by the new euro notes and coins. Member countries discontinued their old notes and coins at different times.. Euro (EUR) profile Symbols € Nicknames None ISO 4217 code EUR Central bank European Central Bank Currency subunits Cent = 1/100 Denominations Banknotes: €5, €10, €20, €50, €100, €200, €500 Coins: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2 Countries using this currency Austria Belgium Cyprus Estonia Finland France Germany Greece Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Andorra Monaco San Marino Vatican City Saint Barthélemy (French territory) Saint Pierre and Miquelon (French territory) Kosovo Montenegro Currencies pegged to EUR Bosnia and Herzegovina convertible mark Bulgarian lev Cape Verdean escudo CFA franc BEAC CFA franc BCEAO CFP franc Comorian franc Croatian kuna Maltese scudo Moroccan dirham São Tomé and Príncipe dobra EUR is pegged to None Looking for the Currency Converter? Convert now Historical rates Popular Conversions 1 EUR to USD 1 EUR to CHF 1 EUR to JPY 1 EUR to CNY 1 EUR to GBP 1 EUR to HKD 1 EUR to AUD 1 EUR to NZD 1 EUR to CAD 1 EUR to SEK Ready to send money? Send money Corporate FX Payments arrow_upward