EUR - Euro
EUR - Euro Basic Information
Category | Details |
|---|---|
Name | Euro |
Symbol | € |
Code | EUR |
Country or Region | Eurozone (19 EU member countries) |
Central Bank | European Central Bank |
EUR - Euro Denominations & Conversion
The basic unit of the Euro is the euro (€). It is divided into 100 cents. The term "euro" is used internationally to refer to this currency. Coins and banknotes come in various denominations to facilitate transactions.
Unit | Subunits | Conversion Relationship |
|---|---|---|
Euro (€) | Cent | 1 Euro = 100 Cents |
Coins | 1¢, 2¢, 5¢, 10¢, 20¢, 50¢, €1, €2 | 100 of 1¢ = €1 |
Banknotes | €5, €10, €20, €50, €100, €200, €500 | Each banknote is valued at its face value |
EUR - Euro History
The Euro (EUR) is the official currency of the Eurozone, which includes 19 of the 27 European Union member countries. It was introduced in 1999 for electronic transactions and physical notes and coins were launched in 2002. The Euro replaced former national currencies like the Deutsche Mark, French Franc, and Italian Lira. Managed by the European Central Bank, the Euro has become one of the world's major trading and reserve currencies, facilitating economic integration across member states.
Top 5 Cities in Eurozone
Berlin (Capital):
Berlin, the capital of Germany, is known for its rich history, cultural landmarks, and vibrant arts scene. It is a major political and economic center in the Eurozone.
Paris:
Paris, the capital of France, is famed for its iconic landmarks like the Eiffel Tower and Louvre Museum, as well as its influence in art, fashion, and culture.
Madrid:
Madrid, the capital of Spain, is celebrated for its royal palace, bustling markets, and lively nightlife. It is a significant cultural and economic hub.
Rome:
Rome, the capital of Italy, is renowned for its ancient history, with landmarks such as the Colosseum and Vatican City, and its significant influence on art and culture.
Vienna:
Vienna, the capital of Austria, is known for its classical music heritage, stunning architecture, and high quality of life. It is a key cultural center in Europe.
Travel Tips for Visiting Eurozone
Land and Administrative Divisions: The Eurozone encompasses 19 EU countries, including Germany, France, Italy, Spain, and Austria. Each country has its own administrative divisions and unique cultural and geographical features.
Climate and Weather: The Eurozone experiences a range of climates from Mediterranean in the south to temperate in the central regions and continental in the north. Check local weather forecasts and pack accordingly.
Cuisine: The Eurozone offers diverse culinary traditions, from French haute cuisine and Italian pasta dishes to Spanish tapas and German sausages. Each country has its own specialties and food culture.
Payment Methods: Cash is widely accepted, and ATMs are available throughout the Eurozone. Credit and debit cards are commonly used, and mobile payment methods like Apple Pay and Google Pay are increasingly popular.
Telecommunications: Major telecom operators include Deutsche Telekom, Orange, Telefónica, and Vodafone, providing extensive mobile and internet coverage across the Eurozone.
Transport: The Eurozone has a well-developed transportation network, including high-speed trains, buses, and extensive metro systems in major cities. International flights connect major airports.
World Heritage Sites: The Eurozone is home to numerous UNESCO World Heritage Sites, including the historic centers of Rome and Paris, the Alhambra in Spain, and the Schönbrunn Palace in Austria.
Tipping: Tipping customs vary by country, but generally, a tip of 5-10% is appreciated in restaurants and for services. Some establishments may include a service charge in the bill.
