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Евро
The euro (symbol: €; currency code: EUR) is the official currency of 20 of the member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. 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. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coi ...
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Language And The Euro
Several linguistics, linguistic issues have arisen in relation to the spelling of the words ''euro'' and ''Cent (currency), cent'' in the many languages of the member states of the European Union, as well as in relation to grammar and the formation of plurals. In official documents, the name "euro" must be used for the nominative singular in all languages, though different alphabets are taken into account and plural forms and declensions are accepted. In documents other than EU legal texts, including national legislation, other spellings are accepted according to the various grammatical rules of the respective language. For European Union legislation, the spelling of the words for the currency is prescribed for each language; in the English-language version of European Union legislation the forms "euro" and "cent" are used invariantly in the singular and plural, even though this departs from usus, usual English practice for currencies. Written conventions for the euro in the lan ...
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Euro Banknotes
Banknotes of the euro, the common currency of the eurozone (euro area members), have been in circulation since the first series (also called ''ES1'') was issued in 2002. They are issued by the national central banks of the Eurosystem or the European Central Bank. The euro was established in 1999, but "for the first three years it was an invisible currency, used for accounting purposes only, e.g. in electronic payments". In 2002, notes and Euro coins, coins began to circulate. The euro rapidly took over from the former national currencies and slowly expanded around the European Union. Denominations of the notes range from €5 to €500 and, unlike euro coins, the design is identical across the whole of the eurozone, although they are issued and printed in various member states. The euro banknotes are pure cotton fibre, which improves their durability as well as giving the banknotes a distinctive feel. They have a variety of color schemes and measure from to (first series) and ...
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Language And The Euro
Several linguistics, linguistic issues have arisen in relation to the spelling of the words ''euro'' and ''Cent (currency), cent'' in the many languages of the member states of the European Union, as well as in relation to grammar and the formation of plurals. In official documents, the name "euro" must be used for the nominative singular in all languages, though different alphabets are taken into account and plural forms and declensions are accepted. In documents other than EU legal texts, including national legislation, other spellings are accepted according to the various grammatical rules of the respective language. For European Union legislation, the spelling of the words for the currency is prescribed for each language; in the English-language version of European Union legislation the forms "euro" and "cent" are used invariantly in the singular and plural, even though this departs from usus, usual English practice for currencies. Written conventions for the euro in the lan ...
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20 Euro Note
The twenty euro note (€20) is the third-lowest value euro banknote and has been used since the introduction of the euro (in its cash form) in 2002. The note is used in the 25 countries (and Kosovo) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. In July 2024, there were approximately 4,818,000,000 twenty euro banknotes in circulation around the eurozone. It is the second most widely circulated denomination, accounting for 16.3% of the total banknotes. Estimates suggest that the average life of a twenty euro banknote is about two years before it is replaced due to wear. It is the third-smallest note, measuring 133 x 72 mm with a blue colour scheme. The twenty euro banknotes depict bridges and arches/doorways in Gothic architecture (between the 13th and 14th centuries). The twenty euro note contains several complex security features such as watermarks, invisible ink, holograms ...
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200 Euro Note
The two hundred euro note (€200) is the second highest value euro banknote (and the highest value euro banknote in production) and has been used since the introduction of the euro (in its cash form) in 2002. The note is used in the 25 countries (and Kosovo) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. In July 2023, there were approximately 849 000 000 two hundred euro banknotes in circulation around the eurozone. It is the second least widely circulated denomination, accounting for 2.9% of the total banknotes. It is the second-largest note, measuring 153 × 82 mm, and the first series has a yellow-brown color scheme and the second series has a brown color scheme. The note depicts bridges and arches/doorways in Art nouveau style (19th century). The €200 note contains several complex security features such as watermarks, invisible ink, holograms and microprinting ...
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50 Euro Note
The fifty euro note (€50) is one of the middle value euro banknotes and has been used since the introduction of the euro (in its cash form) in 2002. The note is used in the 25 countries (and Kosovo Kosovo, officially the Republic of Kosovo, is a landlocked country in Southeast Europe with International recognition of Kosovo, partial diplomatic recognition. It is bordered by Albania to the southwest, Montenegro to the west, Serbia to the ...) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. In July 2024, there were about 14,712,000,000 fifty euro banknotes in circulation in the eurozone. It is by far the most widely circulated denomination, accounting for almost half (49.0%) of the total banknotes. Estimates suggest that the average life of a fifty euro banknote is about four years before it is replaced due to wear. It is the fourth smallest note, measuring 140 mm × 77&nbs ...
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100 Euro Note
The one hundred euro note (€100) is one of the higher value euro banknotes and has been used since the introduction of the euro (in its cash form) in 2002. The note is used in the 25 countries (and Kosovo) that have adopted the euro as their sole currency, representing some 350 million people. In July 2024, there was an estimated 3,987,000,000 hundred euro banknotes in circulation in the eurozone. The note is the third most widely-circulated denomination, accounting for 13.3% of the total banknotes. The design of the Europa series 100 euro banknote was revealed on 17 September 2018 and launched on 28 May 2019. History The euro was implemented on 1 January 1999, when it became the currency of over 300 million people in Europe. For the first three years of its existence it was an invisible currency, only used in accountancy. euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the countries in eurozone 12, such as the F ...
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5 Euro Note
The five-euro note (€5) is the lowest value euro banknote. It has been used since the introduction of the euro (in its cash form) in 2002. The note is used in the 25 countries (and Kosovo) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. In July 2024, there were approximately 2,211,000,000 five-euro banknotes in circulation around the eurozone. It is the fifth-most widely circulated denomination, accounting for 7.2% of the total banknotes. Estimates suggest that the average life of a five-euro banknote is less than a year before it is replaced due to wear. Measuring 120 x 62 mm, it is the smallest of the euro notes, and has a grey colour scheme. The five-euro banknotes depict bridges and arches/doorways in Classical architecture (8th century BC–4th century AD). The five-euro note contains several complex security features such as watermarks, invisible ink, holograms and micr ...
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Currency Symbol
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: , and . Symbols are neither defined nor listed by international standard ISO 4217, which only assigns three-letter codes. Usage When writing currency amounts, the location of the symbol varies by language. For currencies in English-speaking countries and in most of Latin America, the symbol is placed before the amount, as in . In most other countries, including many in Europe and Canada (when using French), the symbol is placed after the amount, as in . Exceptionally, the symbol for the Cape Verdean escudo (like the Portuguese escudo, to which it was formerly pegged) is placed in the decimal separator position, as in . CV's most recent coin issue is the 200$ ...
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Bank Of Lithuania
The Bank of Lithuania () is the national central bank for Lithuania within the Eurosystem. It was the Lithuanian central bank from 1922 to 2014, albeit with a long suspension between 1940 and 1993. It issued the Lithuanian litas between 1922 and 1940, the Lithuanian talonas in 1991-1993, then a second litas from 1993 to 2014. Since 2015, it has also been Lithuania's national competent authority within European Banking Supervision. History The Bank of Lithuania was first established in Kaunas on 27 September 1922. Its first governor was Vladas Jurgutis. The first task of the bank was to replace German ostmark and ostrubel, which circulated after the World War I, with the new Lithuanian currency, the litas. The bank's mandate extended beyond a pure monetary authority, as it also entailed a developmental role with the possibility of allocating short-term credit to industry and agriculture. In 1931, the bank became a member of the Bank for International Settlements (BIS) ...
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Euro Sign
The euro sign () is the currency sign used for the euro, the official currency of the eurozone. The design was presented to the public by the European Commission on 12 December 1996. It consists of a stylized letter E (or epsilon), crossed by two lines instead of one. Depending on convention in each nation, the symbol can either precede or follow the value, e.g., ''€10'' or ''10€'', often with an intervening space. Design There were originally 30 proposed designs for a symbol for Europe's new common currency; the Commission short-listed these to ten candidates. These ten were put to a public survey. The President of the European Commission at the time ( Jacques Santer) and the European Commissioner with responsibility for the euro ( Yves-Thibault de Silguy) then chose the winning design. The other designs that were considered are not available for the public to view, nor is any information regarding the designers available for public query. The Commission considers the ...
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Harmonised Index Of Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price indices of member states who have adopted the euro. The primary goal of the ECB is to maintain price stability, defined as keeping the year on year increase HICP target on 2% over the medium term. In order to do that, the ECB can control the short-term interest rate through Eonia, the European overnight index average, which affects market expectations. The HICP is also used to assess the convergence criteria on inflation which countries must fulfill in order to adopt the euro. In the United Kingdom, the HICP is called the CPI and is used to set the inflation target of the Bank of England. Comparison with the United States The HICP differs from the United States Consumer Price Index, U ...
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