The Euro

The Euro (€) is the official currency used by 20 European countries that are part of the Eurozone, a group within the European Union. It simplifies trade and travel by providing a common monetary unit, reducing currency exchange costs. Managed by the European Central Bank, the Euro aims to promote economic stability and integration among member nations. It functions like any other currency, with banknotes and coins, and is used for everyday transactions, savings, and investments. Overall, the Euro facilitates regional economic cooperation and offers a unified financial identity across diverse countries.