The Euro (€): Europe’s Shared Currency
The euro (€) is the official currency used by much of Europe. Introduced in 1999 for electronic transactions and 2002 for physical cash, it is now one of the most important currencies in the world. The euro is used by the Eurozone, a group of European countries that share a common monetary policy managed by the European Central Bank.
Today, the euro is the second-most traded currency globally, after the US dollar, and plays a major role in international finance, trade, and travel.