Countries That Use The Euro
The euro is a form of currency that is used throughout the European Union. A total of 19 member states and a handful of EU territories use this form of currency. Other nations throughout Europe also use the euro.
The euro is the second-most traded currency in the foreign exchange market, falling only behind the United States dollar. In 2018, it is estimated that about 343 million Europeans use this form of currency. The euro has the highest value of notes and coins in circulation out of all of the currencies in the world.
The euro was officially named in 1995, and it was introduced as an accounting currency in 1999. It wasn’t until 2002 when physical banknotes and coins entered circulation and a few months later, it replaced former currencies.