Currency In The World

Currency in the world. Euro. The euro (sign € code EUR) is the official currency of 19 of the 27 member states of the European Union. Where is it used. The currency is also used officially by the institutions of the European Union. The euro is. About. The name euro was officially adopted on 16 December 1995 in Madrid. While the euro dropped subsequently to US$. Characteristics. The euro is divided into 100 cents (also referred to as euro cents. Direct usage. The euro is the sole currency of 19 EU member states Austria. With all but. Thank you for watching.

The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro.