Euro Day is celebrated on January 1 and is dedicated to the official currency used in many countries. Throughout its history, he endured both ups and downs, caused controversy and reasoning. We believe that the euro deserves its own holiday!
The euro appeared in 1999 for non-cash payments. The currency zone was formed between 11 states. As a banknote, the euro began to be used only after 3 years. Initially, it was a test mode in several states, and after the successful introduction of the euro, it entered into operation in full force. The economies of the EU countries responded with positive GDP, the coverage of the countries-users of the currency increased in proportion. Today, more than 300 million Europeans use the euro, and there are projects to add other states in the near future.
Did you know that the euro:
- the youngest currency in the world;
- has a design created by artist Robert Kalina. In 1996, the Council of European Monetary Art announced a competition for registration, the victory went to Robert unquestioningly. The banknotes depict architectural structures of different eras;
- controlled by the European Central Bank located in Germany;
- is multi-colored, but brown is not used in its color scheme;
- not accepted in all EU countries;
- may have a value of 0;
- the 2 euro coin is more expensive due to the limited mintage.
How to celebrate
Learn more about the history of the euro on Euro Day. Learn about the countries that use the currency: culture, traditions, cuisine, customs – it’s entertaining! Take an interest in other types of monetary units, the processes of issuance, development and implementation. Share information with friends or on social networks, discuss the currency of your area.
When is Euro Day celebrated in 2023?
Euro Day is observed on January 1 each year.