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EUR
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 a ...
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ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, inste ...
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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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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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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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Currencies Pegged To The Euro
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 an ...
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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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500 Euro Note
The five-hundred-euro note (€500) is the highest-value euro banknote; it was produced from the introduction of the euro (in its cash form) in 2002 to 2019. Since 27 April 2019, the banknote has no longer been issued by central banks in the euro area, but it continues to be legal tender and can be used as a means of payment. It is one of the highest-value circulating banknotes in the world, worth around 529 USD; 3 830 CNY; 81 431 JPY; 419 GBP Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency general ..., or 467 Swiss franc, CHF as of November 2024. The note is used in the 26 countries that have it as their sole currency (with 25 legally adopting it, excluding Montenegro), of which countries have a total population of about 350 million currently. Initially, the high denom ...
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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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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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European Central Bank
The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks with a balance sheet total of around 7 trillion. The Governing Council of the European Central Bank, ECB Governing Council makes monetary policy for the Eurozone and the European Union, administers the foreign exchange reserves of EU member states, engages in foreign exchange operations, and defines the intermediate monetary objectives and key interest rate of the EU. The Executive Board of the European Central Bank, ECB Executive Board enforces the policies and decisions of the Governing Council, and may direct the national central banks when doing so. The ECB has the exclusive right to authorise the issuance of euro banknotes. Member states can issue euro coins, but the volume must be approved by the EC ...
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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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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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