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How Many Countries Use The Euro As Their Currency? - Answers

How Many Countries Use The Euro As Their Currency?

The Euro (€) is the official currency of the European Union (EU). It is, however, not incumbent upon the members of the EU to use the Euro.

Thus, the Euro is the official currency of some 19 EU member states. Apart from this, two non-EU countries have also adopted the use of the Euro. In addition to these, four micro-states also use the Euro as their currency of exchange.

This takes the total number of countries using the Euro up to 25.

Here’s a list of the EU member nations and the date they adopted the Euro.

State – Euro Adopted On

Austria – January 1, 1999

Belgium – January 1, 1999

Cyprus – January 1, 2008

Estonia – January 1, 2011

Finland – January 1, 1999

France – January 1, 1999

Germany – January 1, 1999

Greece – January 1, 2001

Ireland – January 1, 1999

Italy – January 1, 1999

Latvia – January 1, 2014

Lithuania – January 1, 2015

Luxembourg – January 1, 1999

Malta – January 1, 2008

Netherlands – January 1, 1999

Portugal – January 1, 1999

Slovakia – January 1, 2009

Slovenia – January 1, 2007

Spain – January 1, 1999

The EU member nations that do not use the Euro as their currency

  • Bulgaria
  • Croatia
  • Czech Republic
  • Denmark
  • Hungary
  • Poland
  • Romania
  • Sweden,
  • United Kingdom

Apart from the member nations two non-EU countries Kosovo and Montenegro also use the Euro. Four very small states (micro-states) – Andorra, Monaco, San Marino, and Vatican City – also use the Euro.

Eurozone usually refers to the 19 EU member nations (of 28 EU members), which use the Euro as legal tender. The total number of people regularly using the Euro as their currency is pegged at about 337 million.

It is the second largest traded currency after the US Dollar. As of 2017, over 1,109 billion Euros are in circulation across the world.

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