The Euro is the single currency for Member States of the European Union, nowadays used by some 334 million people. The euro entered into circulation on 1st January 2002, in order to replace the existing currencies such as the peseta, the franc, the drachma or the escudo.

Countries using the euro

Ever since its birth and until now, a total of nineteen countries out of the twenty-eight forming the European Union have gradually adopted the euro, thus forming the so-called Eurozone. These countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. Lithuania was the last country to enter the Eurozone on January 1st 2015.

However, other 9 countries in the European Union have not adopted the euro, such as Bulgaria, Croatia, Denmark, Hungary, Poland, the Czech Republic, the United Kingdom, Romania and Sweden.

Current euro Coins and Banknotes

Billetes de Euro Monedas de euro

There are a total of seven denominations of legal tender euro banknotes: €5, €10, €20, €50, €100, €200 and €500. These notes are all identical for all the countries that use this currency, and their designs reflect the most representative architectural styles of seven ages of the cultural history of Europe. Discover all these notes at the website of the European Central Bank.

On 2nd May 2013 the new €5 note of the Europa series entered into circulation, incorporating a new design and improved security measures.

As for the coins there are eight different denominations: 1, 2, 5, 10, 20 and 50 cent and 1 and 2 euro coins. One common side and one national which identifies the issuing country.

The Governing Council of the European Central Bank (ECB) decides the amount of euro notes issued each year and the total value of the coins issued by each country.

Advantages of a single euro currency

As the Bank of Spain indicates, the euro cash currency, as payment instrument, boasts some unique characteristics:

  • It is the most used in business transactions
  • Its cost is lower than that of electronic payment instruments for small amount transactions.
  • It is readily available to all, and eases payment for people who do not have bank accounts or have restricted access to them or cannot use means of electronic payment.
  • It helps people control their expenses better.
  • It is a safe instrument against fraud and counterfeiting.
  • It is a store of value.

For these reasons, the amount of euro banknotes in circulation has increased continually since it was first issued and this currency has become a reference for the whole Eurozone.

Did you know?

  • The author of the design of euro banknotes is Robert Kalian, from the Austrian National Bank.
  • The seven bridges that appear on euro banknotes actually do not exist.
  • Robin Stam built these imaginary bridges depicted in euro banknotes in a town in the south of the Netherlands.
  • In Spain there are some 84 million €500 banknotes in circulation, one quarter of all such banknotes exiting in the European Union.

Symbol:

ISO:

EUR

Date of creation:

1st January 1999 as virtual currency for non-monetary payments and for accounting purposes.

Date of issue:

1st January 2002

Authority:

European Central Bank.

Online money order

Online money order: best price guarantee

Make your order online, choose home delivery or collect it at the airport.

Order your money
Your best rate

Cookie settings

In order to provide you with a better browsing experience in the domain and sub-domains of Global Exchange Group companies, we use technical, analytical and personalisation cookies (our own and third-party) that help us improve your browsing experience, protect your privacy and tailor our websites to your preferences. You can accept all cookies by clicking “Accept” or configure or reject them by clicking on “Configure and reject cookies”. For more information, please refer to our Cookie Policy.

Cookie settings panel

This is the advanced settings tool for our own and third-party cookies. You can use it to change the settings that directly affect your browsing experience. You can accept or reject all cookies or, after changing the settings shown, confirm your preferences by clicking on the buttons provided.

Technical cookies (always active):

These cookies allow the user to browse through a website, platform or application and to use different options or services available on these, such as, for example, how to monitor traffic and data communication, log into a session, access sections of restricted access, record items in an order, process a purchase order, submit a subscription request and use security features during browsing. These cookies cannot be rejected as they are required for the web portal to function.

Analytical or measurement cookies:

These are used to analyse users’ browsing habits, to optimise functionalities and for the technical and operational maintenance of the Global Exchange Group’s websites, and to guarantee the best possible service.
They will never be used to show personalised advertising or to record user preferences other than the session, the technological profile of the device used, the website access point, the browsing activity and the search terms used.

Personalisation or preference cookies:

These allow us to specify or personalise some features of the general user settings on the Website; specifically, a user’s preferred language, the type of browser used or the user’s preferred video volume options.
If these cookies are not accepted, some of our services will not function properly.

An error has occurred. Error: GlobalExchange - Tipo Cambio Moneda is currently unavailable.

Why change currency with us rather than your bank

    Global Exchange Global Exchange   Your Bank
Currencies available   70. We are specialists   Only major currencies. This is a peripheral service for them and they always try to give you dollars. 
Availability of currency   Always ready, immediately, in our branches at the airport.   Banks order currency and have to await delivery.
Expenses   The margin of Globalexchange.es is lower than that offered at the airport.   The bank has its own margin and adds a commission.
Currency divided in different denominations.   Of course! We care about you and your needs while you travel abroad.   No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes
Delivery options   On your door, in just 48 to 72 hours (free delivery for orders over €300) or collect it yourself at the airport, on your journey. All ease and comfort!   You must visit your bank at least twice, and wait meanwhile for your money to arrive.
Anything else?   Yes: order online at the airport and you can earn Iberia Plus Avios or Air Europa SUMA Miles.   Avi-what? What Miles do you refer to? No sir! This is a bank, not an airline company!


What currency do you have?

Amount

EUR

What currency do you need?

Amount

USD

1 EUR = 0.952033 USD / 1 USD = 1.050383 EUR

Order currency

Get your travel money online at the best value