GO
FORGOT YOUR PASSWORD?
NOT YET REGISTERED?
The Euro: 23 And Counting
If you visit England, you won't be using dollars or euros.

While walking down a cobblestone street in Paris, you smell the delicious scent of pain au chocolat—a French bread with chocolate inside.

You walk into the bakery to buy some. What kind of money would you use?

Because Paris is in France, you would pay with euros, the basic currency for 23 European countries.

What is a euro?

The euro is a special currency that you can use within any of the 23 European countries that have adopted it. The euro works only within the borders of A Euro in a pastry shoppe
You have to spend euros to enjoy these delicious pastries in Europe
these particular countries:

The Euro symbol is €, the abbreviation EUR. The coins come in denominations of €2, €1, 50 cents, 20 cents, 10 cents, five cents, two cents and one cent. There are 100 cents to €1.

See pictures of euro notes and euro coins.

Each coin has a common design on the front. On the reverse the coins show images that represent the country in which the coin was made, or minted.

Euro notes come in denominations of five, 10, 20, 50, 100, 200, and 500. Unlike the different coins, all 23 countries print the exact same notes.

What did the Euro replace?

In 1999, each of the original 11 countries that first started using the euro had unique currency.

The Euro peeks from behind tile roofs at a market.
Enjoy the beautiful European markets and purchase interesting treasures with the Euro.
 
Country Former Currency
AustriaSchilling
BelgiumFranc
FinlandMarkka
FranceFranc
GermanyDeutschmark
IrelandPunt
ItalyLira
LuxembourgFranc
The NetherlandsGuilder
PortugalEscudo
SpainPeseta

Now, I'll bet you're asking...

p. 1 2
If you haven't started saving already, it's not too late. Use the Googolplex calculators to figure out how much you need to save in order to reach your goal and then begin making deposits to your Mt. Money account at the credit union.
NCUA