Euro

The Euro is the official currency of the Eurozone and currently used by 17 of the EU's 27 member states. ISO 4217 code - EUR. Symbol - €

The Euro is the second largest reserve currency as well as the second most traded currency in the world after the US Dollar. As of June 2010, with more than €800 billion in circulation, the Euro has the highest combined value of banknotes and coins in circulation in the world, having surpassed the US Dollar. Based on IMF estimates of 2008 GDP and purchasing power parity among the various currencies, the eurozone is the second largest economy in the world.


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