10 CURIOSITIES ABOUT THE EURO!
29/07/2024

We present you 10 curiosities about the Euro that you probably didn't know

Birth of the Euro:

The euro was introduced as official currency in 11 European Union countries on January 1, 1999 for electronic transactions and in 2002 as physical currency.
Ticket Design:

Euro banknotes have a common design for all countries, with European architectural motifs (doors, windows and bridges), symbolizing openness and cooperation.
Coins with National Identity:

Although euro coins have a common side, the other side features a national design, allowing you to recognize which country each coin comes from.
Extended Use:

The euro is the second most used currency in the world after the US dollar. It is the official currency of 19 of the 27 EU member states, known collectively as the euro zone.
Euro symbol:

The euro symbol (€) is derived from the Greek letter epsilon (Є), referring to the cradle of European civilization and the first letter of the word "Europe". The two parallel lines represent stability.
Collection Coins:

Some euro zone countries issue commemorative 2 euro coins with special designs, which are valid in all countries that use the euro.
High security:

Euro banknotes are equipped with multiple security features such as watermarks, special inks and holograms, to prevent counterfeiting.
The ECB and the Euro:

The European Central Bank (ECB) is the institution in charge of managing the euro and the monetary policy of the euro zone.
Durable Tickets:

Euro banknotes are made from cotton fibre, making them more durable and wear-resistant compared to paper banknotes.
Historical Change:

When the euro was introduced, many traditional national currencies, such as the German mark, French franc, and Italian lira, were withdrawn from circulation. This change represented a major economic and cultural adjustment for many Europeans.
These curiosities reflect the importance and impact of the euro both in the economy and in the daily lives of millions of people in Europe and around the world.

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