Euro (EUR)

Euro

The euro is the official currency of the eurozone, which includes 17 of the 27 member states of the European Union.

Introduced to the financial markets in 1999, the euro is managed by the European Central Bank. In 2002, euro coins and bank notes entered circulation.

Trading the euro

On the foreign exchange market, the euro is the second most traded currency in the world after the US dollar.

The most traded currency pairs containing the euro are:

euro and US dollar:EUR/USD
euro and British pound:EUR/GBP
euro and Japanese yen:EUR/JPY

If you are new to currency trading, we recommend our forex beginner strategy:

You can discuss the euro and the monetary policy of the European Central Bank in our forum:

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