Also See: The Austrian Shilling The euro (sign: €; code: EUR) is
the official currency of the Eurozone: 16 of the 27 Member
States of the European Union (EU) and is the currency used by
the EU institutions. The eurozone consists of Austria, Belgium,
Cyprus, Finland, France, Germany, Greece, Ireland, Italy,
Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia
and Spain.Estonia is due to join the eurozone on 1 January
2011.The currency is also used in a further five European
countries, with and without formal agreements, and is
consequently used daily by some 327 million Europeans.Over 175
million people worldwide use currencies which are pegged to the
euro, including more than 150 million people in Africa. The euro
is the second largest reserve currency (a status it inherited
from the German mark) as well as the second most traded currency
in the world after the U.S. dollar.As of June 2010, with more
than €800 billion in circulation, the euro is the currency with
the highest combined value of bankn