Search results
Results From The WOW.Com Content Network
The euro banknotes bear the signature of the President of the European Central Bank. [18] Wim Duisenberg was the first ECB president when the first euro banknotes and coins were issued until 2003. [18] Notes printed between November 2003 and March 2012 show the signature of Jean-Claude Trichet, the second President of the ECB. [18]
[1] [2] [3] For European Union legislation, the spelling of the words for the currency is prescribed for each language; in the English-language version of European Union legislation the forms "euro" and "cent" are used invariantly in the singular and plural, even though this departs from usual English practice for currencies.
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 European Central Bank closely monitors the circulation and stock of the euro coins and banknotes. It is a task of the Eurosystem to ensure an efficient and smooth supply of euro notes and to maintain their integrity throughout the euro area. [34] In December 2023, there were 14,625,114,601 €50 banknotes in circulation around the Eurozone.
Official practice for English-language EU legislation is to use the words euro and cent as both singular and plural, [136] although the European Commission's Directorate-General for Translation states that the plural forms euros and cents should be used in English. [137] The word 'euro' is pronounced differently according to pronunciation rules ...
A total of 95% of students in the EU study English at secondary level [77] and 38% of EU citizens state that they have sufficient skills in English to have a conversation (excluding citizens of Ireland, an English-speaking country). A total of 28% of Europeans indicate that they know either French (14%) or German (14%), along with their native ...
The five-hundred-euro note (€500) is the highest-value euro banknote; it was produced between the introduction of the euro (in its cash form) in 2002 until 2019. Since 27 April 2019, the banknote has no longer been issued by central banks in the euro area, but it continues to be legal tender and can be used as a means of payment.
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 ]