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The euro was established in 1999, but "for the first three years it was an invisible currency, used for accounting purposes only, e.g. in electronic payments". [2] In 2002, notes and coins began to circulate. The euro rapidly took over from the former national currencies and slowly expanded around the European Union.
The euro was implemented on 1 January 1999, when it became the currency of over 300 million people in Europe. [12] For the first three years of its existence it was an invisible currency, only used in accountancy. euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the countries in eurozone 12, such as the French franc and the Spanish peseta.
The twenty euro note (€20) is the third-lowest value euro banknote and has been used since the introduction of the euro (in its cash form) in 2002. [8] The note is used in the 25 countries (and Kosovo) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. [9]
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The euro was founded on 1 January 1999, when it became the currency of over 300 million people in Europe. [12] For the first three years of its existence it was an invisible currency, only used in accountancy. euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the countries in eurozone 12, such as the Italian lira and the German mark.
A forger suspected of printing 11 million euros' ($12 million) worth of fake bank notes was arrested in the Italian city of Naples last week, European police body Europol said on Monday. Europol ...
The five-euro note (€5) is the lowest value euro banknote.It has been used since the introduction of the euro (in its cash form) in 2002. [7] The note is used in the 25 countries (and Kosovo) that have it as their sole currency (with 24 legally adopting it), which countries have a total population of about 350 million currently. [8]
The euro was founded on 1 January 1999, when it became the currency of over 300 million people in Europe. [11] For the first three years of its existence it was an invisible currency, only used in accountancy. euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the countries in eurozone 12, such as the Finnish markka.