The euro (currency sign: €; currency code: EUR) is the official currency of 16 out of 27 member states of the European Union (EU). The states, known collectively as the Eurozone are: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is also used in a further five European countries, with and without formal agreements and is consequently used daily by some 327 million Europeans.As of November 2008[update], with more than €751 billion in circulation (the equivalent of about US$ 953 billion, the euro is the currency with the highest combined value of cash in circulation in the world, having surpassed the U.S. dollar. Based on IMF estimates of 2008 GDP and purchasing power parity among the various currencies, the Eurozone is the second largest economy in the world.
The name euro was officially adopted on 16 December 1995. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1. Physical coins and banknotes entered circulation on 1 January 2002. http://en.wikipedia.org/wiki/Euro
2 comments:
halu mam, musta? can not be reached naman au ka mam woi.hehe ka nindut. wa pa jud ko kakupot ug ingon ana ka dako diri da.haha ge lang puhon.hehe Regards and God bless! ^_^
sige lang my friend, makagunit gihapon ka ani..mas daghan pa...asus ma reach kaayo ko uy..gapatong pa ko sa yuta..pobre tawon ko..hehehe...rgards pud kanimo diha...GBU2!
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