Question

What is the name of the currency used in the European Union?

Answer 1

The currency used in the European Union is the Euro (€).

The Euro is the official currency used by 19 member countries of the European Union (EU), including Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain. The Euro was introduced on January 1, 1999, and replaced many of the currencies previously used in the member countries. The Euro is used by more than 330 million people worldwide and is the second most traded currency after the US dollar.

Answer 2

The name of the currency used in the European Union is the Euro. It is used by 19 of the 27 member states. The Euro is the second largest reserve currency in the world after the U.S. dollar.

Answer 3

The euro is the official currency of 20 European Union countries which collectively make up the euro area , also known as the eurozone.