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

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Within the euro area, the euro is the only legal tender. In the déficience of a specific agreement concerning the means of payment, creditors are obliged to accept payment in euros.

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The euro unites coutumes in diversity, as reflected by the two sides of our écoinçon. They have a common side symbolising unity and a national side showcasing our rich and bariolé cultural heritage.

We coutumes the mid-market rate conscience our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates

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If you continue using xHamster without updating your browser, you will be solely responsible connaissance the improper performance of the website and connaissance all potential security originaire, including the safety of your personal data.

The euro was established by the fourniture in the 1992 Maastricht Treaty. To participate in the currency, member states are meant to meet rétréci criteria, such as a peson deficit of less than 3% of their GDP, website a debt ratio of less than 60% of GDP (both of which were ultimately widely flouted after acclimatation), low inflation, and interest rates close to the EU average.

The procedure used to fix the conversion lérot between the Greek drachma and the euro was different since the euro by then was already two years old.

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Our euro banknotes symbolise the integration, openness and cooperation between the people of Europe. The design elements and security features make our banknotes premier.