Similar questions: largest valued paper currency common circulation world.
The largest valued paper currency is a Kuwaiti Dinar XPT Platinum Ounces 0.000900495XAU Gold Ounces 0.0016XPD Palladium Ounces 0.003053435XAG Silver Ounces 0.072727273KWD Kuwait Dinars 0.28906MTL Malta Liri 0.325025BHD Bahrain Dinars 0.378885OMR Oman Rials 0.384795CYP Cyprus Pounds 0.435498843GBP United Kingdom Pounds 0.51135XDR IMF Special Drawing Rights 0.663487712JOD Jordan Dinars 0.7084EUR Euro 0.756715 Sources: http://www.xe.com/ict/ .
Gold certificates I will assume large-denomination gold certificates that can be bought from the federal reserve in the US and various banks in Europe. There's a 500 Euro bill out there, and a 1000 Swiss Franc. Still, I'd guess a national bank's gold certificate would trump those pretty easily..
The 500 Euro The 500 Euro bill, worth about 680 Dollars, depending on the day, is now the largest valued paper currency in common circulation. This is actually posing kind of a weird problem for the US, since the $100 used to be the money of choice for black market dealings, because of its stability and high value-to-volume ratio. As a result of this widespread use as a reserve currency, America has somewhere between 55% and 70% of it's currency in extra-national circulation.
This amounts to a massive, interest-free loan that will slowly disappear as the Euro comes to be used instead of the Dollar (largely because of the volume/value increase with the 500 and 200 Euro denominations). For a more extended discussion of the implications of having the largest valued bill, check out this Slate. Com article..
The Euro As of right now, the Euro is the largest valued paper currency in common circulation anywhere in the world. Currency Converter Currency Converter > Results I want to convert... Albanian Lek (ALL) Algerian Dinar (DZD) Aluminium Ounces (XAL) Argentine Peso (ARS) Aruba Florin (AWG) Australian Dollar (AUD) Bahamian Dollar (BSD) Bahraini Dinar (BHD) Bangladesh Taka (BDT) Barbados Dollar (BBD) Belarus Ruble (BYR) Belize Dollar (BZD) Bermuda Dollar (BMD) Bhutan Ngultrum (BTN) Bolivian Boliviano (BOB) Botswana Pula (BWP) Brazilian Real (BRL) British Pound (GBP) Brunei Dollar (BND) Bulgarian Lev (BGN) Burundi Franc (BIF) Cambodia Riel (KHR) Canadian Dollar (CAD) Cape Verde Escudo (CVE) Cayman Islands Dollar (KYD) CFA Franc (BCEAO) (XOF) CFA Franc (BEAC) (XAF) Chilean Peso (CLP) Chinese Yuan (CNY) Colombian Peso (COP) Comoros Franc (KMF) Copper Ounces (XCP) Costa Rica Colon (CRC) Croatian Kuna (HRK) Cuban Peso (CUP) Cyprus Pound (CYP) Czech Koruna (CZK) Danish Krone (DKK) Dijibouti Franc (DJF) Dominican Peso (DOP) East Caribbean Dollar (XCD) Ecuador Sucre (ECS) Egyptian Pound (EGP) El Salvador Colon (SVC) Eritrea Nakfa (ERN) Estonian Kroon (EEK) Ethiopian Birr (ETB) Euro (EUR) Falkland Islands Pound (FKP) Fiji Dollar (FJD) Gambian Dalasi (GMD) Ghanian Cedi (GHC) Gibraltar Pound (GIP) Gold Ounces (XAU) Guatemala Quetzal (GTQ) Guinea Franc (GNF) Guyana Dollar (GYD) Haiti Gourde (HTG) Honduras Lempira (HNL) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Iceland Krona (ISK) Indian Rupee (INR) Indonesian Rupiah (IDR) Iran Rial (IRR) Iraqi Dinar (IQD) Israeli Shekel (ILS) Jamaican Dollar (JMD) Japanese Yen (JPY) Jordanian Dinar (JOD) Kazakhstan Tenge (KZT) Kenyan Shilling (KES) Korean Won (KRW) Kuwaiti Dinar (KWD) Lao Kip (LAK) Latvian Lat (LVL) Lebanese Pound (LBP) Lesotho Loti (LSL) Liberian Dollar (LRD) Libyan Dinar (LYD) Lithuanian Lita (LTL) Macau Pataca (MOP) Macedonian Denar (MKD) Malagasy Franc (MGF) Malawi Kwacha (MWK) Malaysian Ringgit (MYR) Maldives Rufiyaa (MVR) Maltese Lira (MTL) Mauritania Ougulya (MRO) Mauritius Rupee (MUR) Mexican Peso (MXN) Moldovan Leu (MDL) Mongolian Tugrik (MNT) Moroccan Dirham (MAD) Mozambique Metical (MZM) Myanmar Kyat (MMK) Namibian Dollar (NAD) Nepalese Rupee (NPR) Neth Antilles Guilder (ANG) New Turkish Lira (TRY) New Zealand Dollar (NZD) New Zimbabwe Dollar (ZWN) Nicaragua Cordoba (NIO) Nigerian Naira (NGN) North Korean Won (KPW) Norwegian Krone (NOK) Omani Rial (OMR) Pacific Franc (XPF) Pakistani Rupee (PKR) Palladium Ounces (XPD) Panama Balboa (PAB) Papua New Guinea Kina (PGK) Paraguayan Guarani (PYG) Peruvian Nuevo Sol (PEN) Philippine Peso (PHP) Platinum Ounces (XPT) Polish Zloty (PLN) Qatar Rial (QAR) Romanian Leu (ROL) Romanian New Leu (RON) Russian Rouble (RUB) Rwanda Franc (RWF) Samoa Tala (WST) Sao Tome Dobra (STD) Saudi Arabian Riyal (SAR) Seychelles Rupee (SCR) Sierra Leone Leone (SLL) Silver Ounces (XAG) Singapore Dollar (SGD) Slovak Koruna (SKK) Slovenian Tolar (SIT) Solomon Islands Dollar (SBD) Somali Shilling (SOS) South African Rand (ZAR) Sri Lanka Rupee (LKR) St Helena Pound (SHP) Sudanese Dinar (SDD) Surinam Guilder (SRG) Swaziland Lilageni (SZL) Swedish Krona (SEK) Swiss Franc (CHF) Syrian Pound (SYP) Taiwan Dollar (TWD) Tanzanian Shilling (TZS) Thai Baht (THB) Tonga Pa’anga (TOP) Trinidad&Tobago Dollar (TTD) Tunisian Dinar (TND) U.S. Dollar (USD) UAE Dirham (AED) Ugandan Shilling (UGX) Ukraine Hryvnia (UAH) Uruguayan New Peso (UYU) Vanuatu Vatu (VUV) Venezuelan Bolivar (VEB) Vietnam Dong (VND) Yemen Riyal (YER) Zambian Kwacha (ZMK) Zimbabwe Dollar (ZWD) into Albanian Lek (ALL) Algerian Dinar (DZD) Aluminium Ounces (XAL) Argentine Peso (ARS) Aruba Florin (AWG) Australian Dollar (AUD) Bahamian Dollar (BSD) Bahraini Dinar (BHD) Bangladesh Taka (BDT) Barbados Dollar (BBD) Belarus Ruble (BYR) Belize Dollar (BZD) Bermuda Dollar (BMD) Bhutan Ngultrum (BTN) Bolivian Boliviano (BOB) Botswana Pula (BWP) Brazilian Real (BRL) British Pound (GBP) Brunei Dollar (BND) Bulgarian Lev (BGN) Burundi Franc (BIF) Cambodia Riel (KHR) Canadian Dollar (CAD) Cape Verde Escudo (CVE) Cayman Islands Dollar (KYD) CFA Franc (BCEAO) (XOF) CFA Franc (BEAC) (XAF) Chilean Peso (CLP) Chinese Yuan (CNY) Colombian Peso (COP) Comoros Franc (KMF) Copper Ounces (XCP) Costa Rica Colon (CRC) Croatian Kuna (HRK) Cuban Peso (CUP) Cyprus Pound (CYP) Czech Koruna (CZK) Danish Krone (DKK) Dijibouti Franc (DJF) Dominican Peso (DOP) East Caribbean Dollar (XCD) Ecuador Sucre (ECS) Egyptian Pound (EGP) El Salvador Colon (SVC) Eritrea Nakfa (ERN) Estonian Kroon (EEK) Ethiopian Birr (ETB) Euro (EUR) Falkland Islands Pound (FKP) Fiji Dollar (FJD) Gambian Dalasi (GMD) Ghanian Cedi (GHC) Gibraltar Pound (GIP) Gold Ounces (XAU) Guatemala Quetzal (GTQ) Guinea Franc (GNF) Guyana Dollar (GYD) Haiti Gourde (HTG) Honduras Lempira (HNL) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Iceland Krona (ISK) Indian Rupee (INR) Indonesian Rupiah (IDR) Iran Rial (IRR) Iraqi Dinar (IQD) Israeli Shekel (ILS) Jamaican Dollar (JMD) Japanese Yen (JPY) Jordanian Dinar (JOD) Kazakhstan Tenge (KZT) Kenyan Shilling (KES) Korean Won (KRW) Kuwaiti Dinar (KWD) Lao Kip (LAK) Latvian Lat (LVL) Lebanese Pound (LBP) Lesotho Loti (LSL) Liberian Dollar (LRD) Libyan Dinar (LYD) Lithuanian Lita (LTL) Macau Pataca (MOP) Macedonian Denar (MKD) Malagasy Franc (MGF) Malawi Kwacha (MWK) Malaysian Ringgit (MYR) Maldives Rufiyaa (MVR) Maltese Lira (MTL) Mauritania Ougulya (MRO) Mauritius Rupee (MUR) Mexican Peso (MXN) Moldovan Leu (MDL) Mongolian Tugrik (MNT) Moroccan Dirham (MAD) Mozambique Metical (MZM) Myanmar Kyat (MMK) Namibian Dollar (NAD) Nepalese Rupee (NPR) Neth Antilles Guilder (ANG) New Turkish Lira (TRY) New Zealand Dollar (NZD) New Zimbabwe Dollar (ZWN) Nicaragua Cordoba (NIO) Nigerian Naira (NGN) North Korean Won (KPW) Norwegian Krone (NOK) Omani Rial (OMR) Pacific Franc (XPF) Pakistani Rupee (PKR) Palladium Ounces (XPD) Panama Balboa (PAB) Papua New Guinea Kina (PGK) Paraguayan Guarani (PYG) Peruvian Nuevo Sol (PEN) Philippine Peso (PHP) Platinum Ounces (XPT) Polish Zloty (PLN) Qatar Rial (QAR) Romanian Leu (ROL) Romanian New Leu (RON) Russian Rouble (RUB) Rwanda Franc (RWF) Samoa Tala (WST) Sao Tome Dobra (STD) Saudi Arabian Riyal (SAR) Seychelles Rupee (SCR) Sierra Leone Leone (SLL) Silver Ounces (XAG) Singapore Dollar (SGD) Slovak Koruna (SKK) Slovenian Tolar (SIT) Solomon Islands Dollar (SBD) Somali Shilling (SOS) South African Rand (ZAR) Sri Lanka Rupee (LKR) St Helena Pound (SHP) Sudanese Dinar (SDD) Surinam Guilder (SRG) Swaziland Lilageni (SZL) Swedish Krona (SEK) Swiss Franc (CHF) Syrian Pound (SYP) Taiwan Dollar (TWD) Tanzanian Shilling (TZS) Thai Baht (THB) Tonga Pa’anga (TOP) Trinidad&Tobago Dollar (TTD) Tunisian Dinar (TND) U.S.Dollar (USD) UAE Dirham (AED) Ugandan Shilling (UGX) Ukraine Hryvnia (UAH) Uruguayan New Peso (UYU) Vanuatu Vatu (VUV) Venezuelan Bolivar (VEB) Vietnam Dong (VND) Yemen Riyal (YER) Zambian Kwacha (ZMK) Zimbabwe Dollar (ZWD) Currency Conversion Results Symbol U.S. Dollar Exchange Rate Euro Bid Ask USDEUR=X 1 Dec 11 0.7576 0.7576 0.7576 0.7577 Add to Portfolio Set Alert Download Data Euro From Wikipedia, the free encyclopedia Jump to: navigation, search For other uses, see Euro (disambiguation) or EUR (disambiguation). Euro?(Greek) Banknotes Coins ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte.
Slovenia is is going to join the euro zone on 1 January 2007. Inflation 1.8% Source European Central Bank, September 2006 Method HICP Pegged by BAM, BGN, CVE, KMF, XPF, XOF, XAF, EEK, LTL, LVL, MTL Subunit 1/100 cent actual usage varies depending on language Symbol € Plural See Linguistic issues concerning the euro cent See article Coins Freq. Used 1, 2, 5, 10, 20, 50 cents, €1, €2 unless otherwise stated as rarely used Rarely used 1 and 2 cents (only in Finland and the Netherlands) Banknotes Freq.
Used €5, €10, €20, €50 Rarely used €100, €200, €500 Central bank European Central Bank Website www.ecb.eu Printer Istituto Poligrafico e Zecca dello Stato Banco de Portugal Bank of Greece Banque de France Bundesdruckerei Central Bank and Financial Services Authority of Ireland De La Rue Fábrica Nacional de Moneda y Timbre François-Charles Oberthur Giesecke & Devrient Royal Joh. Enschedé National Bank of Belgium Österreichische Banknoten- und Sicherheitsdruck Setec Oy Website Istituto Poligrafico e Zecca dello Stato Banco de Portugal Bank of Greece Banque de France Bundesdruckerei Central Bank and Financial Services Authority of Ireland De La Rue Fábrica Nacional de Moneda y Timbre François-Charles Oberthur Giesecke & Devrient Royal Joh. Enschedé National Bank of Belgium Österreichische Banknoten- und Sicherheitsdruck Setec Oy The euro (currency sign: €; banking code: EUR) is the official currency of the European Union member states of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain - also known as the Eurozone - and is the single currency for more than 300 million people in Europe.
Including areas using currencies pegged to the euro, the euro affects more than 480 million people worldwide.1 The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. All EU member states are eligible to join if they comply with certain monetary requirements, and eventual use of the euro is mandatory for all new EU members. The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the European System of Central Banks (ESCB) (composed of the central banks of its member states).
As an independent central bank, the ECB has sole authority to set monetary policy. The ESCB participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the Eurozone payment systems. Contents hide 1 Characteristics of the euro 1.1 Coins and banknotes 1.2 The currency sign € 2 Economic and Monetary Union 2.1 2 Current Eurozone (2002-2006) 2.3 Future prospects (2007-) 2.3.1 Pre-2004 EU members 2.3.2 Post-2004 EU members 2.3.3 Public opinion on secession from the euro 3 The Economics of the Euro 3.1 Optimal Currency Areas 3.2 Transaction costs and risks 3.3 Price parity 3.
4 Macroeconomic stability 3.5 A new reserve currency 3.6 Criticism 4 Euro exchange rate 4.1 Flexible exchange rates 4.2 Against other major currencies 4.3 Currencies pegged to the euro 5 Name and linguistic issues 6 See also 6.1 Euro related 6.2 Other 7 Notes 8 References 9 External links 9.1 Articles 9.2 Books edit Characteristics of the euro edit Coins and banknotes Euro currency Main articles: euro coins and euro banknotes The euro is divided into 100 cents (sometimes referred to as eurocents). All euro coins (including the €2 commemorative coins) have a common side showing the denomination (value) with the EU-countries in the background and a national side showing an image specifically chosen by the country that issued the coin. Euro coins from one country can be used in another country that uses the euro; it does not matter from which country the coin originated.
The euro coins are €2, €1, 50c, 20c, 10c, 5c, 2c and 1c, though the latter two are not minted in Finland or the Netherlands (but are still legal tender). Many shop owners in all of the Eurozone prefer having all their prices end in 0c or 5c, so that 1c and 2c coins are not needed. All euro banknotes have a common design for each denomination on both sides.
Notes are issued in €500, €200, €100, €50, €20, €10, €5. Some of the higher denominations, such as €500 and €200, are not issued in a few countries, though are legal tender. The ECB has set up a clearing system for large euro transactions (TARGET).
All intra-Eurozone transfers shall cost the same as a domestic one. This is true for retail payments, although several ECB payment methods can be used. Credit card charging and ATM withdrawals within the Eurozone are also charged as if they were domestic.
The ECB hasn’t standardized paper based payment orders, such as cheques; these are still domestic-based. Edit The currency sign € Main article: Euro sign This is the official construction of the euro logo, which was specified to be printed in PMS Yellow on a PMS Reflex Blue background A special euro currency sign (€) was designed after a public survey had narrowed the original ten proposals down to two. The European Commission then chose the final design.
The eventual winner was a design created by the Fleming Alain Billiet. The official story of the design history of the euro sign is disputed by Arthur Eisenmenger, a former chief graphic designer for the EEC, who claims to have created it as a generic symbol of Europe. The glyph is (according to the European Commission) "a combination of the Greek epsilon, as a sign of the weight of European civilization; an E for Europe; and the parallel lines crossing through standing for the stability of the euro".
The European Commission also specified a euro logo with exact proportions and foreground/background colour tones.2 Although some font designers simply copied the exact shape of this logo as the euro .
As of right now, the Euro is the largest valued paper currency in common circulation anywhere in the world.
Currency Converter Currency Converter > Results I want to convert... Albanian Lek (ALL) Algerian Dinar (DZD) Aluminium Ounces (XAL) Argentine Peso (ARS) Aruba Florin (AWG) Australian Dollar (AUD) Bahamian Dollar (BSD) Bahraini Dinar (BHD) Bangladesh Taka (BDT) Barbados Dollar (BBD) Belarus Ruble (BYR) Belize Dollar (BZD) Bermuda Dollar (BMD) Bhutan Ngultrum (BTN) Bolivian Boliviano (BOB) Botswana Pula (BWP) Brazilian Real (BRL) British Pound (GBP) Brunei Dollar (BND) Bulgarian Lev (BGN) Burundi Franc (BIF) Cambodia Riel (KHR) Canadian Dollar (CAD) Cape Verde Escudo (CVE) Cayman Islands Dollar (KYD) CFA Franc (BCEAO) (XOF) CFA Franc (BEAC) (XAF) Chilean Peso (CLP) Chinese Yuan (CNY) Colombian Peso (COP) Comoros Franc (KMF) Copper Ounces (XCP) Costa Rica Colon (CRC) Croatian Kuna (HRK) Cuban Peso (CUP) Cyprus Pound (CYP) Czech Koruna (CZK) Danish Krone (DKK) Dijibouti Franc (DJF) Dominican Peso (DOP) East Caribbean Dollar (XCD) Ecuador Sucre (ECS) Egyptian Pound (EGP) El Salvador Colon (SVC) Eritrea Nakfa (ERN) Estonian Kroon (EEK) Ethiopian Birr (ETB) Euro (EUR) Falkland Islands Pound (FKP) Fiji Dollar (FJD) Gambian Dalasi (GMD) Ghanian Cedi (GHC) Gibraltar Pound (GIP) Gold Ounces (XAU) Guatemala Quetzal (GTQ) Guinea Franc (GNF) Guyana Dollar (GYD) Haiti Gourde (HTG) Honduras Lempira (HNL) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Iceland Krona (ISK) Indian Rupee (INR) Indonesian Rupiah (IDR) Iran Rial (IRR) Iraqi Dinar (IQD) Israeli Shekel (ILS) Jamaican Dollar (JMD) Japanese Yen (JPY) Jordanian Dinar (JOD) Kazakhstan Tenge (KZT) Kenyan Shilling (KES) Korean Won (KRW) Kuwaiti Dinar (KWD) Lao Kip (LAK) Latvian Lat (LVL) Lebanese Pound (LBP) Lesotho Loti (LSL) Liberian Dollar (LRD) Libyan Dinar (LYD) Lithuanian Lita (LTL) Macau Pataca (MOP) Macedonian Denar (MKD) Malagasy Franc (MGF) Malawi Kwacha (MWK) Malaysian Ringgit (MYR) Maldives Rufiyaa (MVR) Maltese Lira (MTL) Mauritania Ougulya (MRO) Mauritius Rupee (MUR) Mexican Peso (MXN) Moldovan Leu (MDL) Mongolian Tugrik (MNT) Moroccan Dirham (MAD) Mozambique Metical (MZM) Myanmar Kyat (MMK) Namibian Dollar (NAD) Nepalese Rupee (NPR) Neth Antilles Guilder (ANG) New Turkish Lira (TRY) New Zealand Dollar (NZD) New Zimbabwe Dollar (ZWN) Nicaragua Cordoba (NIO) Nigerian Naira (NGN) North Korean Won (KPW) Norwegian Krone (NOK) Omani Rial (OMR) Pacific Franc (XPF) Pakistani Rupee (PKR) Palladium Ounces (XPD) Panama Balboa (PAB) Papua New Guinea Kina (PGK) Paraguayan Guarani (PYG) Peruvian Nuevo Sol (PEN) Philippine Peso (PHP) Platinum Ounces (XPT) Polish Zloty (PLN) Qatar Rial (QAR) Romanian Leu (ROL) Romanian New Leu (RON) Russian Rouble (RUB) Rwanda Franc (RWF) Samoa Tala (WST) Sao Tome Dobra (STD) Saudi Arabian Riyal (SAR) Seychelles Rupee (SCR) Sierra Leone Leone (SLL) Silver Ounces (XAG) Singapore Dollar (SGD) Slovak Koruna (SKK) Slovenian Tolar (SIT) Solomon Islands Dollar (SBD) Somali Shilling (SOS) South African Rand (ZAR) Sri Lanka Rupee (LKR) St Helena Pound (SHP) Sudanese Dinar (SDD) Surinam Guilder (SRG) Swaziland Lilageni (SZL) Swedish Krona (SEK) Swiss Franc (CHF) Syrian Pound (SYP) Taiwan Dollar (TWD) Tanzanian Shilling (TZS) Thai Baht (THB) Tonga Pa’anga (TOP) Trinidad&Tobago Dollar (TTD) Tunisian Dinar (TND) U.S. Dollar (USD) UAE Dirham (AED) Ugandan Shilling (UGX) Ukraine Hryvnia (UAH) Uruguayan New Peso (UYU) Vanuatu Vatu (VUV) Venezuelan Bolivar (VEB) Vietnam Dong (VND) Yemen Riyal (YER) Zambian Kwacha (ZMK) Zimbabwe Dollar (ZWD) into Albanian Lek (ALL) Algerian Dinar (DZD) Aluminium Ounces (XAL) Argentine Peso (ARS) Aruba Florin (AWG) Australian Dollar (AUD) Bahamian Dollar (BSD) Bahraini Dinar (BHD) Bangladesh Taka (BDT) Barbados Dollar (BBD) Belarus Ruble (BYR) Belize Dollar (BZD) Bermuda Dollar (BMD) Bhutan Ngultrum (BTN) Bolivian Boliviano (BOB) Botswana Pula (BWP) Brazilian Real (BRL) British Pound (GBP) Brunei Dollar (BND) Bulgarian Lev (BGN) Burundi Franc (BIF) Cambodia Riel (KHR) Canadian Dollar (CAD) Cape Verde Escudo (CVE) Cayman Islands Dollar (KYD) CFA Franc (BCEAO) (XOF) CFA Franc (BEAC) (XAF) Chilean Peso (CLP) Chinese Yuan (CNY) Colombian Peso (COP) Comoros Franc (KMF) Copper Ounces (XCP) Costa Rica Colon (CRC) Croatian Kuna (HRK) Cuban Peso (CUP) Cyprus Pound (CYP) Czech Koruna (CZK) Danish Krone (DKK) Dijibouti Franc (DJF) Dominican Peso (DOP) East Caribbean Dollar (XCD) Ecuador Sucre (ECS) Egyptian Pound (EGP) El Salvador Colon (SVC) Eritrea Nakfa (ERN) Estonian Kroon (EEK) Ethiopian Birr (ETB) Euro (EUR) Falkland Islands Pound (FKP) Fiji Dollar (FJD) Gambian Dalasi (GMD) Ghanian Cedi (GHC) Gibraltar Pound (GIP) Gold Ounces (XAU) Guatemala Quetzal (GTQ) Guinea Franc (GNF) Guyana Dollar (GYD) Haiti Gourde (HTG) Honduras Lempira (HNL) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Iceland Krona (ISK) Indian Rupee (INR) Indonesian Rupiah (IDR) Iran Rial (IRR) Iraqi Dinar (IQD) Israeli Shekel (ILS) Jamaican Dollar (JMD) Japanese Yen (JPY) Jordanian Dinar (JOD) Kazakhstan Tenge (KZT) Kenyan Shilling (KES) Korean Won (KRW) Kuwaiti Dinar (KWD) Lao Kip (LAK) Latvian Lat (LVL) Lebanese Pound (LBP) Lesotho Loti (LSL) Liberian Dollar (LRD) Libyan Dinar (LYD) Lithuanian Lita (LTL) Macau Pataca (MOP) Macedonian Denar (MKD) Malagasy Franc (MGF) Malawi Kwacha (MWK) Malaysian Ringgit (MYR) Maldives Rufiyaa (MVR) Maltese Lira (MTL) Mauritania Ougulya (MRO) Mauritius Rupee (MUR) Mexican Peso (MXN) Moldovan Leu (MDL) Mongolian Tugrik (MNT) Moroccan Dirham (MAD) Mozambique Metical (MZM) Myanmar Kyat (MMK) Namibian Dollar (NAD) Nepalese Rupee (NPR) Neth Antilles Guilder (ANG) New Turkish Lira (TRY) New Zealand Dollar (NZD) New Zimbabwe Dollar (ZWN) Nicaragua Cordoba (NIO) Nigerian Naira (NGN) North Korean Won (KPW) Norwegian Krone (NOK) Omani Rial (OMR) Pacific Franc (XPF) Pakistani Rupee (PKR) Palladium Ounces (XPD) Panama Balboa (PAB) Papua New Guinea Kina (PGK) Paraguayan Guarani (PYG) Peruvian Nuevo Sol (PEN) Philippine Peso (PHP) Platinum Ounces (XPT) Polish Zloty (PLN) Qatar Rial (QAR) Romanian Leu (ROL) Romanian New Leu (RON) Russian Rouble (RUB) Rwanda Franc (RWF) Samoa Tala (WST) Sao Tome Dobra (STD) Saudi Arabian Riyal (SAR) Seychelles Rupee (SCR) Sierra Leone Leone (SLL) Silver Ounces (XAG) Singapore Dollar (SGD) Slovak Koruna (SKK) Slovenian Tolar (SIT) Solomon Islands Dollar (SBD) Somali Shilling (SOS) South African Rand (ZAR) Sri Lanka Rupee (LKR) St Helena Pound (SHP) Sudanese Dinar (SDD) Surinam Guilder (SRG) Swaziland Lilageni (SZL) Swedish Krona (SEK) Swiss Franc (CHF) Syrian Pound (SYP) Taiwan Dollar (TWD) Tanzanian Shilling (TZS) Thai Baht (THB) Tonga Pa’anga (TOP) Trinidad&Tobago Dollar (TTD) Tunisian Dinar (TND) U.S. Dollar (USD) UAE Dirham (AED) Ugandan Shilling (UGX) Ukraine Hryvnia (UAH) Uruguayan New Peso (UYU) Vanuatu Vatu (VUV) Venezuelan Bolivar (VEB) Vietnam Dong (VND) Yemen Riyal (YER) Zambian Kwacha (ZMK) Zimbabwe Dollar (ZWD) Currency Conversion Results Symbol U.S.Dollar Exchange Rate Euro Bid Ask USDEUR=X 1 Dec 11 0.7576 0.7576 0.7576 0.7577 Add to Portfolio Set Alert Download Data.
I want to convert... Albanian Lek (ALL) Algerian Dinar (DZD) Aluminium Ounces (XAL) Argentine Peso (ARS) Aruba Florin (AWG) Australian Dollar (AUD) Bahamian Dollar (BSD) Bahraini Dinar (BHD) Bangladesh Taka (BDT) Barbados Dollar (BBD) Belarus Ruble (BYR) Belize Dollar (BZD) Bermuda Dollar (BMD) Bhutan Ngultrum (BTN) Bolivian Boliviano (BOB) Botswana Pula (BWP) Brazilian Real (BRL) British Pound (GBP) Brunei Dollar (BND) Bulgarian Lev (BGN) Burundi Franc (BIF) Cambodia Riel (KHR) Canadian Dollar (CAD) Cape Verde Escudo (CVE) Cayman Islands Dollar (KYD) CFA Franc (BCEAO) (XOF) CFA Franc (BEAC) (XAF) Chilean Peso (CLP) Chinese Yuan (CNY) Colombian Peso (COP) Comoros Franc (KMF) Copper Ounces (XCP) Costa Rica Colon (CRC) Croatian Kuna (HRK) Cuban Peso (CUP) Cyprus Pound (CYP) Czech Koruna (CZK) Danish Krone (DKK) Dijibouti Franc (DJF) Dominican Peso (DOP) East Caribbean Dollar (XCD) Ecuador Sucre (ECS) Egyptian Pound (EGP) El Salvador Colon (SVC) Eritrea Nakfa (ERN) Estonian Kroon (EEK) Ethiopian Birr (ETB) Euro (EUR) Falkland Islands Pound (FKP) Fiji Dollar (FJD) Gambian Dalasi (GMD) Ghanian Cedi (GHC) Gibraltar Pound (GIP) Gold Ounces (XAU) Guatemala Quetzal (GTQ) Guinea Franc (GNF) Guyana Dollar (GYD) Haiti Gourde (HTG) Honduras Lempira (HNL) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Iceland Krona (ISK) Indian Rupee (INR) Indonesian Rupiah (IDR) Iran Rial (IRR) Iraqi Dinar (IQD) Israeli Shekel (ILS) Jamaican Dollar (JMD) Japanese Yen (JPY) Jordanian Dinar (JOD) Kazakhstan Tenge (KZT) Kenyan Shilling (KES) Korean Won (KRW) Kuwaiti Dinar (KWD) Lao Kip (LAK) Latvian Lat (LVL) Lebanese Pound (LBP) Lesotho Loti (LSL) Liberian Dollar (LRD) Libyan Dinar (LYD) Lithuanian Lita (LTL) Macau Pataca (MOP) Macedonian Denar (MKD) Malagasy Franc (MGF) Malawi Kwacha (MWK) Malaysian Ringgit (MYR) Maldives Rufiyaa (MVR) Maltese Lira (MTL) Mauritania Ougulya (MRO) Mauritius Rupee (MUR) Mexican Peso (MXN) Moldovan Leu (MDL) Mongolian Tugrik (MNT) Moroccan Dirham (MAD) Mozambique Metical (MZM) Myanmar Kyat (MMK) Namibian Dollar (NAD) Nepalese Rupee (NPR) Neth Antilles Guilder (ANG) New Turkish Lira (TRY) New Zealand Dollar (NZD) New Zimbabwe Dollar (ZWN) Nicaragua Cordoba (NIO) Nigerian Naira (NGN) North Korean Won (KPW) Norwegian Krone (NOK) Omani Rial (OMR) Pacific Franc (XPF) Pakistani Rupee (PKR) Palladium Ounces (XPD) Panama Balboa (PAB) Papua New Guinea Kina (PGK) Paraguayan Guarani (PYG) Peruvian Nuevo Sol (PEN) Philippine Peso (PHP) Platinum Ounces (XPT) Polish Zloty (PLN) Qatar Rial (QAR) Romanian Leu (ROL) Romanian New Leu (RON) Russian Rouble (RUB) Rwanda Franc (RWF) Samoa Tala (WST) Sao Tome Dobra (STD) Saudi Arabian Riyal (SAR) Seychelles Rupee (SCR) Sierra Leone Leone (SLL) Silver Ounces (XAG) Singapore Dollar (SGD) Slovak Koruna (SKK) Slovenian Tolar (SIT) Solomon Islands Dollar (SBD) Somali Shilling (SOS) South African Rand (ZAR) Sri Lanka Rupee (LKR) St Helena Pound (SHP) Sudanese Dinar (SDD) Surinam Guilder (SRG) Swaziland Lilageni (SZL) Swedish Krona (SEK) Swiss Franc (CHF) Syrian Pound (SYP) Taiwan Dollar (TWD) Tanzanian Shilling (TZS) Thai Baht (THB) Tonga Pa’anga (TOP) Trinidad&Tobago Dollar (TTD) Tunisian Dinar (TND) U.S. Dollar (USD) UAE Dirham (AED) Ugandan Shilling (UGX) Ukraine Hryvnia (UAH) Uruguayan New Peso (UYU) Vanuatu Vatu (VUV) Venezuelan Bolivar (VEB) Vietnam Dong (VND) Yemen Riyal (YER) Zambian Kwacha (ZMK) Zimbabwe Dollar (ZWD) into Albanian Lek (ALL) Algerian Dinar (DZD) Aluminium Ounces (XAL) Argentine Peso (ARS) Aruba Florin (AWG) Australian Dollar (AUD) Bahamian Dollar (BSD) Bahraini Dinar (BHD) Bangladesh Taka (BDT) Barbados Dollar (BBD) Belarus Ruble (BYR) Belize Dollar (BZD) Bermuda Dollar (BMD) Bhutan Ngultrum (BTN) Bolivian Boliviano (BOB) Botswana Pula (BWP) Brazilian Real (BRL) British Pound (GBP) Brunei Dollar (BND) Bulgarian Lev (BGN) Burundi Franc (BIF) Cambodia Riel (KHR) Canadian Dollar (CAD) Cape Verde Escudo (CVE) Cayman Islands Dollar (KYD) CFA Franc (BCEAO) (XOF) CFA Franc (BEAC) (XAF) Chilean Peso (CLP) Chinese Yuan (CNY) Colombian Peso (COP) Comoros Franc (KMF) Copper Ounces (XCP) Costa Rica Colon (CRC) Croatian Kuna (HRK) Cuban Peso (CUP) Cyprus Pound (CYP) Czech Koruna (CZK) Danish Krone (DKK) Dijibouti Franc (DJF) Dominican Peso (DOP) East Caribbean Dollar (XCD) Ecuador Sucre (ECS) Egyptian Pound (EGP) El Salvador Colon (SVC) Eritrea Nakfa (ERN) Estonian Kroon (EEK) Ethiopian Birr (ETB) Euro (EUR) Falkland Islands Pound (FKP) Fiji Dollar (FJD) Gambian Dalasi (GMD) Ghanian Cedi (GHC) Gibraltar Pound (GIP) Gold Ounces (XAU) Guatemala Quetzal (GTQ) Guinea Franc (GNF) Guyana Dollar (GYD) Haiti Gourde (HTG) Honduras Lempira (HNL) Hong Kong Dollar (HKD) Hungarian Forint (HUF) Iceland Krona (ISK) Indian Rupee (INR) Indonesian Rupiah (IDR) Iran Rial (IRR) Iraqi Dinar (IQD) Israeli Shekel (ILS) Jamaican Dollar (JMD) Japanese Yen (JPY) Jordanian Dinar (JOD) Kazakhstan Tenge (KZT) Kenyan Shilling (KES) Korean Won (KRW) Kuwaiti Dinar (KWD) Lao Kip (LAK) Latvian Lat (LVL) Lebanese Pound (LBP) Lesotho Loti (LSL) Liberian Dollar (LRD) Libyan Dinar (LYD) Lithuanian Lita (LTL) Macau Pataca (MOP) Macedonian Denar (MKD) Malagasy Franc (MGF) Malawi Kwacha (MWK) Malaysian Ringgit (MYR) Maldives Rufiyaa (MVR) Maltese Lira (MTL) Mauritania Ougulya (MRO) Mauritius Rupee (MUR) Mexican Peso (MXN) Moldovan Leu (MDL) Mongolian Tugrik (MNT) Moroccan Dirham (MAD) Mozambique Metical (MZM) Myanmar Kyat (MMK) Namibian Dollar (NAD) Nepalese Rupee (NPR) Neth Antilles Guilder (ANG) New Turkish Lira (TRY) New Zealand Dollar (NZD) New Zimbabwe Dollar (ZWN) Nicaragua Cordoba (NIO) Nigerian Naira (NGN) North Korean Won (KPW) Norwegian Krone (NOK) Omani Rial (OMR) Pacific Franc (XPF) Pakistani Rupee (PKR) Palladium Ounces (XPD) Panama Balboa (PAB) Papua New Guinea Kina (PGK) Paraguayan Guarani (PYG) Peruvian Nuevo Sol (PEN) Philippine Peso (PHP) Platinum Ounces (XPT) Polish Zloty (PLN) Qatar Rial (QAR) Romanian Leu (ROL) Romanian New Leu (RON) Russian Rouble (RUB) Rwanda Franc (RWF) Samoa Tala (WST) Sao Tome Dobra (STD) Saudi Arabian Riyal (SAR) Seychelles Rupee (SCR) Sierra Leone Leone (SLL) Silver Ounces (XAG) Singapore Dollar (SGD) Slovak Koruna (SKK) Slovenian Tolar (SIT) Solomon Islands Dollar (SBD) Somali Shilling (SOS) South African Rand (ZAR) Sri Lanka Rupee (LKR) St Helena Pound (SHP) Sudanese Dinar (SDD) Surinam Guilder (SRG) Swaziland Lilageni (SZL) Swedish Krona (SEK) Swiss Franc (CHF) Syrian Pound (SYP) Taiwan Dollar (TWD) Tanzanian Shilling (TZS) Thai Baht (THB) Tonga Pa’anga (TOP) Trinidad&Tobago Dollar (TTD) Tunisian Dinar (TND) U.S. Dollar (USD) UAE Dirham (AED) Ugandan Shilling (UGX) Ukraine Hryvnia (UAH) Uruguayan New Peso (UYU) Vanuatu Vatu (VUV) Venezuelan Bolivar (VEB) Vietnam Dong (VND) Yemen Riyal (YER) Zambian Kwacha (ZMK) Zimbabwe Dollar (ZWD) Currency Conversion Results Symbol U.S.Dollar Exchange Rate Euro Bid Ask USDEUR=X 1 Dec 11 0.7576 0.7576 0.7576 0.7577 Add to Portfolio Set Alert Download Data.
From Wikipedia, the free encyclopedia Jump to: navigation, search For other uses, see Euro (disambiguation) or EUR (disambiguation). Euro? (Greek) Banknotes Coins ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte.
Slovenia is is going to join the euro zone on 1 January 2007. Inflation 1.8% Source European Central Bank, September 2006 Method HICP Pegged by BAM, BGN, CVE, KMF, XPF, XOF, XAF, EEK, LTL, LVL, MTL Subunit 1/100 cent actual usage varies depending on language Symbol € Plural See Linguistic issues concerning the euro cent See article Coins Freq. Used 1, 2, 5, 10, 20, 50 cents, €1, €2 unless otherwise stated as rarely used Rarely used 1 and 2 cents (only in Finland and the Netherlands) Banknotes Freq.
Used €5, €10, €20, €50 Rarely used €100, €200, €500 Central bank European Central Bank Website www.ecb.eu Printer Istituto Poligrafico e Zecca dello Stato Banco de Portugal Bank of Greece Banque de France Bundesdruckerei Central Bank and Financial Services Authority of Ireland De La Rue Fábrica Nacional de Moneda y Timbre François-Charles Oberthur Giesecke & Devrient Royal Joh. Enschedé National Bank of Belgium Österreichische Banknoten- und Sicherheitsdruck Setec Oy Website Istituto Poligrafico e Zecca dello Stato Banco de Portugal Bank of Greece Banque de France Bundesdruckerei Central Bank and Financial Services Authority of Ireland De La Rue Fábrica Nacional de Moneda y Timbre François-Charles Oberthur Giesecke & Devrient Royal Joh. Enschedé National Bank of Belgium Österreichische Banknoten- und Sicherheitsdruck Setec Oy The euro (currency sign: €; banking code: EUR) is the official currency of the European Union member states of Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain - also known as the Eurozone - and is the single currency for more than 300 million people in Europe.
Including areas using currencies pegged to the euro, the euro affects more than 480 million people worldwide.1 The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. All EU member states are eligible to join if they comply with certain monetary requirements, and eventual use of the euro is mandatory for all new EU members. The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the European System of Central Banks (ESCB) (composed of the central banks of its member states).
As an independent central bank, the ECB has sole authority to set monetary policy. The ESCB participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the Eurozone payment systems. Contents hide 1 Characteristics of the euro 1.1 Coins and banknotes 1.2 The currency sign € 2 Economic and Monetary Union 2.1 2 Current Eurozone (2002-2006) 2.3 Future prospects (2007-) 2.3.1 Pre-2004 EU members 2.3.2 Post-2004 EU members 2.3.3 Public opinion on secession from the euro 3 The Economics of the Euro 3.1 Optimal Currency Areas 3.2 Transaction costs and risks 3.3 Price parity 3.
4 Macroeconomic stability 3.5 A new reserve currency 3.6 Criticism 4 Euro exchange rate 4.1 Flexible exchange rates 4.2 Against other major currencies 4.3 Currencies pegged to the euro 5 Name and linguistic issues 6 See also 6.1 Euro related 6.2 Other 7 Notes 8 References 9 External links 9.1 Articles 9.2 Books edit Characteristics of the euro edit Coins and banknotes Euro currency Main articles: euro coins and euro banknotes The euro is divided into 100 cents (sometimes referred to as eurocents). All euro coins (including the €2 commemorative coins) have a common side showing the denomination (value) with the EU-countries in the background and a national side showing an image specifically chosen by the country that issued the coin. Euro coins from one country can be used in another country that uses the euro; it does not matter from which country the coin originated.
The euro coins are €2, €1, 50c, 20c, 10c, 5c, 2c and 1c, though the latter two are not minted in Finland or the Netherlands (but are still legal tender). Many shop owners in all of the Eurozone prefer having all their prices end in 0c or 5c, so that 1c and 2c coins are not needed. All euro banknotes have a common design for each denomination on both sides.
Notes are issued in €500, €200, €100, €50, €20, €10, €5. Some of the higher denominations, such as €500 and €200, are not issued in a few countries, though are legal tender. The ECB has set up a clearing system for large euro transactions (TARGET).
All intra-Eurozone transfers shall cost the same as a domestic one. This is true for retail payments, although several ECB payment methods can be used. Credit card charging and ATM withdrawals within the Eurozone are also charged as if they were domestic.
The ECB hasn’t standardized paper based payment orders, such as cheques; these are still domestic-based. Edit The currency sign € Main article: Euro sign This is the official construction of the euro logo, which was specified to be printed in PMS Yellow on a PMS Reflex Blue background A special euro currency sign (€) was designed after a public survey had narrowed the original ten proposals down to two. The European Commission then chose the final design.
The eventual winner was a design created by the Fleming Alain Billiet. The official story of the design history of the euro sign is disputed by Arthur Eisenmenger, a former chief graphic designer for the EEC, who claims to have created it as a generic symbol of Europe. The glyph is (according to the European Commission) "a combination of the Greek epsilon, as a sign of the weight of European civilization; an E for Europe; and the parallel lines crossing through standing for the stability of the euro".
The European Commission also specified a euro logo with exact proportions and foreground/background colour tones.2 Although some font designers simply copied the exact shape of this logo as the euro org/wiki/Euro.
(Greek) Banknotes Coins ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte. Slovenia is is going to join the euro zone on 1 January 2007. Inflation 1.8% Source European Central Bank, September 2006 Method HICP Pegged by BAM, BGN, CVE, KMF, XPF, XOF, XAF, EEK, LTL, LVL, MTL Subunit 1/100 cent actual usage varies depending on language Symbol € Plural See Linguistic issues concerning the euro cent See article Coins Freq.
Used 1, 2, 5, 10, 20, 50 cents, €1, €2 unless otherwise stated as rarely used Rarely used 1 and 2 cents (only in Finland and the Netherlands) Banknotes Freq. Used €5, €10, €20, €50 Rarely used €100, €200, €500 Central bank European Central Bank Website www.ecb.eu Printer Istituto Poligrafico e Zecca dello Stato Banco de Portugal Bank of Greece Banque de France Bundesdruckerei Central Bank and Financial Services Authority of Ireland De La Rue Fábrica Nacional de Moneda y Timbre François-Charles Oberthur Giesecke & Devrient Royal Joh. Enschedé National Bank of Belgium Österreichische Banknoten- und Sicherheitsdruck Setec Oy Website Istituto Poligrafico e Zecca dello Stato Banco de Portugal Bank of Greece Banque de France Bundesdruckerei Central Bank and Financial Services Authority of Ireland De La Rue Fábrica Nacional de Moneda y Timbre François-Charles Oberthur Giesecke & Devrient Royal Joh.
Enschedé National Bank of Belgium Österreichische Banknoten- und Sicherheitsdruck Setec Oy.
This is the official construction of the euro logo, which was specified to be printed in PMS Yellow on a PMS Reflex Blue background.
Swedish anti-euro propaganda from 2003 by the Green Party’s youth organization. The text translates as "EMU and solidarity".
Exchange rate evolution of the euro compared to USD, JPY and GBP. Exchange rate at start is put to 1. Green: in Jan-1999: 1 € = 1.18 USD ; in May-2006: 1 € = 1.28 USD Red: in Jan-1999: 1 € = 133 JPY ; in May-2006: 1 € = 144 JPY Blue: in Jan-1999: 1 € = 0.71 GBP ; in May-2006: 1 € = 0.68 GBP.
Number is a sum of estimated populations (as stated in their respective articles) of: all eurozone members; all users of euro not part of eurozone (whether officially agreed upon or not); all areas which use a currency pegged to the euro, and only the euro. ^ europa.eu.int/comm/economy_finance/euro/... ^ fontshop.com/virtual/features/eng/fontma... ^ Greece failed to meet the criteria for joining initially, so it did not join the common currency on 1 January 1999. It was admitted two years later, on 1 January 2001, with a Greek drachma (GRD) exchange rate of 340.750.
^ 1 ^ stern.de/presse/vorab/?id=541124&q=eiche... ^ washingtontimes.com/world/20050614-11462... ^ http://news.scotsman.com/international.cfm?id=664902005 ^ vienna.at.
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