Economy, asked by Vignan1990, 1 year ago

When was the euro introduced as legal currency in the world market?

Answers

Answered by AMChinmayi
0
1 January 1999

The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743i hope this answer will be helpful to you :)

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