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Currency
Most countries in the EU either use the euro or plan to introduce it in the future.
The 16 EU countries that use the euro (on 1 Jan 2010) are:
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Country
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Rate of old currency to €1
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Austria
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ATS 13.7603 Austrian schillings
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Belgium
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BEF 40.3399 Belgian francs
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Cyprus
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CYP 0.5842 Cypriot pound
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Finland
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FIM 5.94573 Finnish markkas
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France
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FRF 6.55957 French francs
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Germany
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DEM 1.95583 Deutsche Mark
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Greece
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GRD 340.75 Greek drachmas
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Ireland
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IEP 0.787564 Irish pound
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Italy
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ITL 1936.27 Italian lire
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Luxembourg
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LUF 40.3399 Luxembourg francs
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Malta
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MTL 0.4293 Maltese lira
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The Netherlands
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NLG 2.20371 Dutch guilders
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Portugal
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PTE 200.482 Portuguese escudos
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Slovakia
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SKK 30.126 Slovak koruna
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Slovenia
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SIT 239.64 Slovenian tolar
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Spain
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ESP 166.386 Spanish pesetas
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Romania may join in 2014.
Denmark and the United Kingdom have 'opt-outs' from joining but can join in the future.
Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland and Sweden are required to adopt the euro when they meet the conditions for entry.
There are 100 cent in a euro.
This year and last year the rates were:
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Jan 2009
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May 2010
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GBP
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0.9525
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0.8673
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USD
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1.3917
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1.3311
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CAD
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1.6998
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1.3337
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Other countries that are not in the EU, like Andorra, French Guiana, Guadeloupe, Martinique, Monaco, Reunion, San Marino, Vatican City and Reunion also use the euro.
Switzerland is not in the EU and uses Swiss Francs.
EU euro website
euro information from Wikipedia.
European Central Bank
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