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Much of Europe is now on a single currency called the Euro. Banks had been using the Euro for transaction purposes for quite sometime. But as of January 1, 2002 Euro currency went into circulation and the "old" money has been totally phased out.
The following countries are now
using the Euro:
Note that the United Kingdom, Sweden and Denmark opted not to join in the Euro for the time being but may change their mind in the future.
The new Euro currency went into circulation in January of 2002. Existing currencies in those countries were phased out on individual timetables with the last of the individual country notes disappearing at the end of February. There was a "dual" period for all countries but one (Germany) when both the old notes and the new Euro were viable. Now, however, only the Euro is accepted in the countries listed above.
Euro dollar notes are offered in the amounts of five, ten, twenty, fifty, one hundred, two hundred, and five hundred Euro dollars.
Euro coins are offered in Euro cents in
the dominations of one, two, five, ten, twenty, and fifty. Euro dollar
coins come in denominations of one and two.