Question #5699   Submitted by Answiki on 01/15/2022 at 04:59:38 PM UTC

When was the euro launched?

Answer   Submitted by Answiki on 01/15/2022 at 05:03:17 PM UTC

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.

2 events in history
Answer by Answiki on 01/15/2022 at 05:03:17 PM

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.

Question by Answiki 01/15/2022 at 04:59:38 PM
When was the euro launched?
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