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Euro

Shortname EUR

About the currency

Euro is the offical currency for all countries that are members of the European Monetary Union ”EMU”, commonly called the Euro zone in Europe. Today 17 of the European Unions 27 member states are members of the EMU making the Euro the most commonly accepted currency in Europe. Some countries that are in the EMU are Austria, Finland, France, Germany, Greece, Malta, Italy and Spain. The Euro is also usually accepted in other countries in the EU that are not members of the Monetary Union.

The Euro is also becoming more and more of a world currency and the Euro is now accepted in a lot of tourist destinations in Africa and Asia. Remember though to always use the local currency since this will give you the best exchange rate.

Euro banknotes are denominated in 5€, 10€, 20€, 50€, 100€, 200€ and 500€ notes. There are also eight euro coins in circulation. Denominations for coins range frome one cent up to two euros.