When was the euro launched?
The changeover to the euro took place in several stages:
- January 1, 1999: introduction of the euro for dematerialized transactions (transfers, checks ...).
- January 1, 2002: introduction of the currency (bills and coins)
- February 17, 2002: end of payments in francs.
On January 1, 1999, the euro became the official currency in eleven of the fifteen countries of the Union: Finland, Germany, France, Italy, Spain, the Netherlands, Belgium, Luxembourg, Austria, Portugal and Ireland (291 million inhabitants). But it cannot be used for dematerialized banking transactions, payments by check, traveler's check or bank card.
On January 1, 2002, nearly 15 billion banknotes and over 50 billion coins were introduced. As of midnight on February 17, 2002, payments in coins and bills of the old currencies are no longer allowed.
The changeover to the euro took place in several stages:
- January 1, 1999: introduction of the euro for dematerialized transactions (transfers, checks ...).
- January 1, 2002: introduction of the currency (bills and coins)
- February 17, 2002: end of payments in francs.
On January 1, 1999, the euro became the official currency in eleven of the fifteen countries of the Union: Finland, Germany, France, Italy, Spain, the Netherlands, Belgium, Luxembourg, Austria, Portugal and Ireland (291 million inhabitants). But it cannot be used for dematerialized banking transactions, payments by check, traveler's check or bank card.
On January 1, 2002, nearly 15 billion banknotes and over 50 billion coins were introduced. As of midnight on February 17, 2002, payments in coins and bills of the old currencies are no longer allowed.
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