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The official currency in Kosovo is the Euro, which was unilaterally adopted by the United Nations administration for Kosovo in 2002; however, Kosovo is not a member of the Eurozone. [2] [3] [4] The headquarters of the CBK are located in the capital of Kosovo, Pristina. Headquarters of the Central Bank of Kosovo, Pristina.
Several European microstates outside the EU have adopted the euro as their currency. For EU sanctioning of this adoption, a monetary agreement must be concluded. Prior to the launch of the euro, agreements were reached with Monaco, San Marino, and Vatican City by EU member states (Italy in the case of San Marino and Vatican City, and France in the case of Monaco) allowing them to use the euro ...
Additionally, the Moroccan dirham is tied to a basket of currencies, including the euro and the US dollar, with the euro given the highest weighting. These countries generally had previously implemented a currency peg to one of the major European currencies (e.g. the French franc , Deutsche Mark or Portuguese escudo ), and when these currencies ...
Former seat of the National Bank of Albania on Piazza della Repubblica, Rome (formerly Piazza dell'Esedra) Former Durrës office, inaugurated in 1928 and the center of the bank's Albanian operations until 1938; the date 1925 on the facade refers to the founding of the bank and Durrës branch Interior hall of the Durrës building, lately a branch of Banka Kombëtare Tregtare
Thus, a U.S. dollar-denominated deposit in Tokyo or Beijing would likewise be deemed a Eurodollar deposit (sometimes an Asiadollar). More generally, the euro-prefix can be used to indicate any currency held in a country where it is not the official currency, broadly termed "eurocurrency", for example, Euroyen or even Euroeuro.
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.
In English the euro sign – like the dollar sign $ and the pound sign £ – is usually placed before the figure, unspaced, [8] the reverse of usage in many other European languages. When written out, "euro" is placed after the value in lower case; the plural is used for two or more units, and euro cents are separated with a full-stop, not a ...