Euro Currency Adoption: Key Dates
The Euro (€) currency was adopted in Europe through a phased introduction:
- 1 January 1999: This marks the official introduction date when the Euro was launched as an electronic currency. It was used for accounting purposes and non-physical transactions in the initial 11 member states of the Eurozone.
- 1 January 2002: Euro banknotes and coins were introduced into physical circulation, replacing the former national currencies.
The question asks when the Euro was adopted. Based on its introduction as an official currency, the correct adoption date is 1 January 1999.
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