What currency does the EU use?

The euro ( symbol: €; code: EUR) is the official currency of 20 of the 27 member states of the European Union (EU). This group of states is officially known as the euro area or, commonly, the eurozone, and includes about 344 million citizens as of 2023. The euro is divided into 100 cents.

What is the currency code for euros?

The currency code for Euros is EUR. The currency symbol is €. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. The currency code for US Dollars is USD. The currency symbol is $. Send money online fast, secure and easy. Live tracking and notifications + flexible delivery and payment options.

What does the Euro stand for?

The management of the Euro, its security measures and entry criteria, operated by the European Commission and the European Central Bank A brief history of the reasons behind the creation of the euro, and the steps leading to the single monetary system The meaning of the euro (€) symbol and rules around its usage.

What is the European Currency Unit (ECU)?

The European Currency Unit was an accounting unit used by the EU, based on the currencies of the member states; it was not a currency in its own right. They could not be set earlier, because the ECU depended on the closing exchange rate of the non-euro currencies (principally sterling) that day.