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Andorra did not have an official currency before adopting the euro, and unlike its two larger neighbours, France and Spain, which surround it, it is not a member of the EU. In the 20th century, both the French franc and Spanish peseta were used and accepted in Andorra, but the peseta was more widespread [ 4 ] with government budgets, salaries ...
Andorra lacked a currency of its own and used both the French franc and the Spanish peseta in banking transactions until 31 December 1999, when both currencies were replaced by the EU's single currency, the euro. Coins and notes of both the franc and the peseta remained legal tender in Andorra until 31 December 2002.
In Europe, the euro is used in 26 countries (20 eurozone members, Andorra, Kosovo, Monaco, Montenegro, San Marino and Vatican City. The Swiss franc is used in two countries: Switzerland and Liechtenstein. All 22 other recognized states each have their own national currency.
The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. Before the introduction of the euro in 1999, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender (Monégasque franc).
French franc; S. Spanish peseta; Media in category "Currencies of Andorra" This category contains only the following file. A. File:Andorran diner.jpg
When French President Emmanuel Macron holds talks with his Ivory Coast counterpart on Saturday (December 22), the future of the French-backed CFA franc currency will be under scrutiny. It's a ...
Several European microstates outside the EU have adopted the euro as their currency. For EU sanctioning of this adoption, a monetary agreement must be concluded. Prior to the launch of the euro, agreements were reached with Monaco, San Marino, and Vatican City by EU member states (Italy in the case of San Marino and Vatican City, and France in the case of Monaco) allowing them to use the euro ...
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