20 minutes agoEuro currency turns 20
Periskopi(7 years ago)
(7 years ago)Euro turned twenty years on January 1st. It is the official currency of 19 of the 28 European Union states, as well as of several other European countries. It is the second largest currency in the world, after the US dollar, and one of the symbols of the European project. Making monetary union is considered [...]
It is the official currency of 19 of the 28 European Union states, as well as of several other European countries.
It is the second largest currency in the world, after the US dollar, and one of the symbols of the European project.
The creation of monetary union is considered one of the most important events in Europe since the fall of the Berlin Wall.
When the euro went into circulation in 1999, it was traded $1.17, while for two years it lost 30% of its value.
