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The euro

The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar As of November 2013, with more than €951 billion in circulation, the euro has the highest combined value of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.

Based on International Monetary Fund estimates of 2008 GDP and purchasing power parity among the various currencies, the eurozone is the second largest economy in the world.

The euro ( sign : € ; code : EUR ) is the currency used by the Institutions of the European Union and is the official currency of the eurozone , which consists of 18 of the 28 member states of the European.....

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