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Flashcards on European Union Currency: Euro
Click on the flashcard to see the answer
What is the currency used by most countries in the European Union?
Euro
Which European currency was introduced in 1999?
Euro
In which year did the Euro become the official currency of the European Union?
1999
What is the symbol used for the Euro currency?
€
Which country was the first to adopt the Euro as its currency?
Germany
How many countries currently use the Euro as their currency?
19
Which of the following countries is not part of the Eurozone?
United Kingdom
What was the previous currency of Germany before adopting the Euro?
Deutsche Mark
Which European country uses the Euro as its currency despite not being a member of the European Union?
Monaco
What is the nickname for the Euro currency?
Single currency
Which city is home to the European Central Bank, the institution responsible for managing the Euro?
Frankfurt
What is the largest denomination of Euro banknote?
€500
Which country was the last to adopt the Euro as its currency?
Lithuania
What is the smallest denomination of Euro coin?
1 cent
Which EU member state has an opt-out clause that allows it to not adopt the Euro?
Denmark
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Test Your Knowledge
Which currency is used by most countries in the European Union?
Pound Sterling
Yen
Euro
Dollar
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When did the Euro become the official currency of the European Union?
2000
1999
2001
1998
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What is the symbol used for the Euro currency?
$
£
€
¥
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How many countries currently use the Euro as their currency?
28
19
27
21
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Which country was the first to adopt the Euro as its currency?
France
Germany
Italy
Spain
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What was the previous currency of Germany before adopting the Euro?
Euro
Pound Sterling
Deutsche Mark
Yen
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Which European country uses the Euro as its currency despite not being a member of the European Union?
United Kingdom
Sweden
Monaco
Norway
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What is the nickname for the Euro currency?
Greenback
Pound
Single currency
Yen
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Which country was the last to adopt the Euro as its currency?
Spain
Poland
Lithuania
Latvia
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Which city is home to the European Central Bank?
Frankfurt
Paris
Brussels
Madrid
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