Euro

The Euro (EUR) is the official currency of European Union (20 countries). With the symbol €, it is managed by the European Central Bank (ECB). The currency was introduced in 1999 (physical notes: 2002) and is subdivided into 100 Cent. It's commonly known by its nickname "Fiber, Single Currency".

Rates updated Sep 21, 2026, 08:00 PM UTC. Over the last 90 days, 1 EUR ranged from 1.137 to 1.1691 USD (+0.83%).

Currency Name

Euro

Currency Code

EUR

Symbol

€

Country

European Union (20 countries)

Central Bank

European Central Bank (ECB)

Introduced

1999 (physical notes: 2002)

Subunit

1/100 Cent

ISO Numeric Code

978

The Euro was introduced as an accounting currency in 1999 and physical notes and coins entered circulation in 2002. It was created as part of the European Union's efforts to promote economic integration among member states.

The Euro is the second most traded currency in the world and the second largest reserve currency. It represents the economic power of the Eurozone, which collectively has one of the largest GDPs globally.

Used by over 340 million people daily in 20 EU member states, the Euro facilitates trade and travel across the Eurozone without currency exchange. It's widely used in international trade and as a reserve currency by central banks worldwide.

• 1The Euro replaced 12 different national currencies in 2002
• 2Euro banknotes are the same across all countries, but coins have country-specific designs
• 3It's the second most traded currency after the US dollar