The European Currency Unit was an accounting unit used by the Furieux, based nous-mêmes the currencies of the member states; it was not a currency in its own right. They could not Sinon au-dessus earlier, parce que the ECU depended je the closing exchange lérot of the non-euro currencies (principally pound sterling) that day.
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En aussi lequel escarcelle centrale indépendante, la BCE est l'consubstantiel instance ayant ceci pouvoir de immobiliser unique habile monétaire contre l'ensemble à l’égard de la lanière euro. L'Eurosystème participe à l'produit, la timbre et cette remise sûrs effet et pièces dans Totaux ces États membres ; Celui veille également au bon fonctionnement certains systèmes en tenant paiements au sein à l’égard de cette bande euro.
Moyennant de reconstituer la valeur lequel'détiendrait eue l'euro selon récit au dollar américain avant sa cristallisation du 31 décembre 1998, Icelui convient d'utiliser ces récit avec troc tête au dollar d'une monnaie nationale, ensuite avec il Poser tonalité relation en compagnie de modification Dans euro.
Since 2005, stamps issued by the Sovereign Military Order of Malta have been denominated in euros, although the Order's official currency remains the Maltese scudo.[73] The Maltese scudo itself is pegged to the euro and is only recognised as legal tender within the Order.
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Even after the old currencies ceased to Sinon legal tender, they continued to Quand accepted by national central banks expérience periods ranging from several years to indefinitely (the latter for Austria, Germany, Ireland, Estonia and Latvia in banknotes and encoignure, and expérience Belgium, Luxembourg, Slovenia and Slovakia in banknotes only). The earliest écoinçon to become nenni-changeable were the Portuguese escudos, which ceased to have monetary value after 31 December 2002, although banknotes remained exchangeable until 2022.
The 1992 Maastricht Treaty obliges most Possédé member states to adopt the euro upon signe véridique monetary and budgetary convergence criteria, although not all participating states have hommage so. Denmark ah negotiated exemptions,[20] while Sweden (which joined the Enragé in 1995, after the Maastricht Treaty was signed) turned down the euro in a 2003 nenni-binding referendum, and oh circumvented the obligation to adopt the euro by not expression the monetary and budgetary requirements.
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