Behind the coins of the European Union Opodo Travel Blog


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The euro as the official currency. The euro is the official currency of 20 European Union countries which collectively make up the euro area, also known as the eurozone. Some EU countries have yet to meet the criteria required to join the euro area while Denmark has opted not to participate. Within the euro area, the euro is the only legal tender.


Euro coins

The name of the currency: "the euro" The name Euro also has a very interesting story and that anyone interested in the world of collecting Euro coins must know. The official name in fact was adopted in Madrid from the European Council in 1995 in order to replace the initials ECU used until that moment.


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Commemorative coins Euro coins intended for circulation have legal tender status throughout the euro area. For the purpose of informing the public and all parties who handle the coins, the Commission publishes a description of the designs of all new coins.


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Based in Frankfurt, Germany, the ECB is an independent and neutral body headed by an appointed president who is approved by all member countries to serve an eight-year term. The euro was launched on January 1, 1999, replacing the precursor ecu at a 1:1 value. Until the circulation of currency notes and coins in 2002, the euro was used only by.


Euro Coins. the Focus is on the Inscription with the Name of the Euro Zone Currency on the 1

The common sides of the euro coins bear the name of the currency and the denomination of the coin. National sides of coins intended for circulation. The national sides bear the name of the State issuing the coin, but do not give an indication of its denomination, or the name of the currency (except in the case of the use of a non-Latin alphabet).


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The €2 coin depicts a scene from a Spartan mosaic featuring Europa, the Greek mythical figure from whom our continent took its name. The €1 coin shows an owl motif taken from an ancient Athenian 4 drachma coin. The 50, 20 and 10 cent coins portray leading Greek figures from the early 20th, the 19th and 18th centuries, while a


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Marginal Lending Facility Main Refinancing Operations Deposit Facility Rate Euribor The euro ( symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, commonly, the eurozone, and includes about 344 million citizens as of 2023.


Behind the coins of the European Union Opodo Travel Blog

As per a recommendation defined by the Economic and Financial Affairs Council of the European Union, [1] the national designs of each member's euro coin should contain a national identification in the form of spelling or abbreviation of the country's name.


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National central banks and mints in the European Union. A list of the national central bank and mints divided by country. Euro notes and coins are now an integral part of people's lives and a commercial reality. The introduction of the euro is one of the European Union's crowning achievements.


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To make it easy to tell each coin, we have provided the following pages. Common Reverse Designs. Every euro coin carries a common European face. Our Euro Coin Images & Specifications page has 2 images of each of the 8 denominations, one at a large size, and one shown at proportionate size. National Sides.


Euro coins and notes

Andorra signed a Monetary Agreement with the European Union on 30 June 2011. As a result, Andorra can use the euro as its official currency and issue its own euro coins. All the coins feature the 12 stars of the European flag. The €2 coin shows the coat of arms of Andorra with the motto "virtus unita fortior" (virtue united is stronger).


Euro coins — Stock Photo © claudiodivizia 5462803

Since 1 January 2002 the euro banknotes and coins have been part of everyday life for over 300 million people in the euro area.This leaflet depicts the seven euro banknotes and the eight euro coins, including their security features.The banknotes - inspired by the architectural styles of seven periods in Europe's cultural history - are of an ide.


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Coins The euro coin series comprises eight different denominations: 1, 2, 5, 10, 20 and 50 cent, €1 and €2. The euro coins have a common side and a national side. The national side indicates the issuing country. The common sides of the coins were designed by Mr Luc Luycx of the Royal Belgian Mint.


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Valuable Euro Coins Overview of the 100 most valuable and rare euro coins, sorted by catalog value. List of all 1 cent, 2 cent, 5 cent, 10 cent, 20 cent, 50 cent, 1 euro and 2 euro coins of all countries of the eurozone. Without 2 euro commemorative coins. 1.386,17 Monaco 2 Cent Coin 2006 Proof


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Coins are minted in denominations of 1, 2, 5, 10, 20 and 50 cents, and 1 and 2 euros. Milled edges make it easier for the visually impaired to recognise different coin values. The three lowest value (and smallest) coins are made of copper-covered steel.


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Numista Euro coins The euro is the single currency of the economic and monetary union formed within the European Union. Introduced in 2002, euro coins are issued by 20 member states of the European Union, which form the euro area, and four microstates (Monaco, San Marino, the Vatican and Andorra).