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What currency is used in Europe?

All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 25 countries); any country entering the European Union (EU) is expected to join the eurozone when they meet the five convergence criteria.

What is the European Union's currency?

The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.

How many European currencies are there?

There are all 31 different european currencies used within the European continent. The most dominant amongst these currencies is the Euro as around 27 independent sovereign countries, as well as the dependent territories, use Euro as the legal tender.

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