List of currencies in Europe

There are 25 currencies currently used in the 50 countries of Europe, all of which are members of the United Nations, except Vatican City, which is an observer.[1] All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here.

  Eurozone member states
  ERM II member states
  ERM II membership applied
  Other EU member states
  States using the euro as a result of a treaty
  States which have unilaterally adopted the euro

A currency is a medium of exchange, such as money, banknotes, and coins.[2] In Europe, the most commonly used currency is the euro (used by 25 countries); any country entering the European Union (EU) is expected to join the eurozone[3] when they meet the five convergence criteria.[4] Denmark is the only EU which have been granted an exemption from using the euro.[3] Sweden has also not adopted the Euro, although unlike Denmark, it has not formally opted out; instead, it fails to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.[5][6] For countries which hope to join the eurozone, there are five guidelines that need to be followed, grouped in the Maastricht criteria.[3]

The pound sterling, used by the United Kingdom, is rated at fourth on Investopedia's list of the top 8 most tradable currencies, and that it is a "little bit more volatile than the euro".[7] It was ranked just ahead of the Swiss franc, ranked fifth, which is used in Switzerland and Liechtenstein, saying that the set up of the Swiss banking "emphasizes the economic and financial stability policies dictated by the governing board of the SNB". Both are in the top 8 major currencies on Bloomberg.[8] Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona.[9]

At present, the euro is legal tender in 19 out of 27 European Union member states,[10] in addition to 5 countries not part of the EU (Monaco, San Marino, Vatican City, Andorra and Montenegro).[11] Kosovo also uses the euro,[11] but is only partially recognised as an independent state.

European currencies

List of all European currencies
Country Present currency Currency sign ISO 4217 code Fractional unit Previous currency
 Albania Albanian lek[12] L[13] ALL Qindarkë N/A
 Andorra Euro[14] [15] EUR Euro cent None official[14][16]
 Armenia Armenian dram ֏, դր. AMD Luma Soviet ruble
 Austria Euro[17] EUR Euro cent Schilling[18]
 Azerbaijan Azerbaijani manat[19] AZN Qapik Russian ruble[20]
 Belarus Belarusian ruble[21][22] Br BYN Kopeck Second ruble[23]
 Belgium Euro[24] EUR Euro cent Belgian franc[25]
 Bosnia and Herzegovina Bosnia and Herzegovina convertible mark[26] KM BAM Fening Bosnia and Herzegovina dinar[27]
 Bulgaria Bulgarian lev[28] лв BGN Stotinka N/A
 Croatia Croatian kuna[29] kn HRK Lipa Croatian dinar[30]
 Cyprus Euro[31] EUR Euro cent Cypriot pound[32]
 Czechia Czech koruna[33] CZK Haléř Czechoslovak koruna[34]
 Denmark Danish krone[35] kr. DKK Øre Danish rigsdaler[36]
 Estonia Euro[37][38] EUR Euro cent Estonian kroon[39][40]
 Finland Euro[41] EUR Euro cent Finnish markka[42]
 France Euro[43] EUR Euro cent French franc[44]
 Georgia Georgian lari[45] GEL Tetri Kupon lari[46]
 Germany Euro[47] EUR Euro cent Deutsche Mark
 Greece Euro[48] EUR Euro cent Greek drachma[49]
 Hungary Hungarian forint[50] Ft HUF Fillér Hungarian pengő[51]
 Iceland Icelandic króna: second króna[52] kr, Íkr ISK Aurar Icelandic króna: first króna[52]
 Ireland Euro[53] EUR Euro cent Punt[54]
 Italy Euro[55] EUR Euro cent Italian lira[56]
 Latvia Euro EUR Euro cent Latvian lats[57]
 Liechtenstein Swiss franc[58][59] CHF CHF Rappen, also called
Centime, Centesimo, and Rap
Liechtenstein krone[60]
 Lithuania Euro [61][62] EUR Euro cent Lithuanian litas
 Luxembourg Euro[63] EUR Euro cent Luxembourgish franc[64]
 Malta Euro[65] EUR Euro cent Maltese lira[66]
 Moldova Moldovan leu[67] L MDL Bani Moldovan cupon[68]
 Monaco Euro[69] EUR Euro cent Monegasque franc
 Montenegro Euro[69] EUR Euro cent Deutsche Mark[70]
 Netherlands Euro[71] EUR Euro cent Dutch guilder[72]
 North Macedonia Second Macedonian denar[73] ден MKD Deni First Macedonian denar[74]
 Norway Norwegian krone[75] kr, – NOK Øre Norwegian speciedaler[76]
 Poland Polish złoty[77] PLN Grosz Polish marka
 Portugal Euro[78] EUR Euro cent Portuguese escudo[79]
 Romania Romanian leu[80] lei RON bani Third Romanian leu[81]
 Russia Russian ruble[82] RUB Kopeyka Fifth Ruble[82]
 San Marino Euro[83] EUR Euro cent Sammarinese lira[83]
 Serbia Serbian dinar[84] RSD or РСД
(unofficial: din. or дин.)
RSD Para Yugoslav dinar[84]
 Slovakia Euro[85] EUR Euro cent Slovak koruna[85]
 Slovenia Euro[86] EUR Euro cent Slovenian tolar[86]
 Spain Euro[87] EUR Euro cent Spanish peseta[87]
 Sweden Swedish krona[88] kr SEK Öre Swedish riksdaler[88]
  Switzerland Swiss franc[89] CHF[89] CHF Rappen, also called
Centime, Centesimo, and Rap
None[89]
 Turkey Turkish lira[90] TRY Kuruş First Turkish Lira[90]
 Ukraine Ukrainian hryvnia[91] UAH Kopiyka (копійка) Ukrainian karbovanets[91]
 United Kingdom Pound sterling[92] £ GBP Penny (pl. Pence) Pound sterling[93]
  Vatican City Euro[94] EUR Euro cent Vatican lira[95]

Currencies of partially recognized states in Europe

List of all unrecognized European currencies
Unrecognized country De jure country Present currency Currency sign ISO 4217 (or unofficial) code Fractional unit Previous currency
 Abkhazia  Georgia Abkhazian apsar

Russian ruble (both official)

Apsar has no currency sign

ABK (unofficial)

RUB

Apsar has no fractional unit

Kopeyka

Soviet ruble
 Kosovo  Serbia Euro

Serbian dinar (unnoficial, only in Serb majority areas)

РСД

EUR

RSD

Cent

Para

Yugoslav dinar
 Artsakh  Azerbaijan Armenian dram

Artsakh dram (both official)

դր. AMD Luma Soviet ruble
 North Cyprus  Cyprus Turkish lira

Euro (unofficial)

TRY

EUR

Kuruş

Cent

Cypriot pound
 South Ossetia  Georgia Russian ruble RUB Kopeyka Soviet ruble
 Transnistria  Moldova Transnistrian ruble руб PRB (unofficial) Kopeck Soviet ruble

See also

References

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