El Euro

The Euro was first introduced in 2002.  At the time the original exchange rate for $1=1 Euro.  The current exchange rate is $1.30=1 Euro.  Seventeen countries use the Euro.  In total their are 8 euro coins, the smallest value being the 1 centimes.  The centime divisions are 1,2,5,10,20,and 50.  The bills also increase size with the denomination increases.  The countries that use the Euro are called the Euro Zone.


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