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US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. [8] It is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar .
The counterfeit currency recovered included $3.5 million worth of $100 bills and £2.5 million of £10 notes, which Bank of England experts said were of excellent quality. The police stated that "The potential to undermine the economy of the UK and US was very significant." [13] [14]
The SDR is an international reserve asset created by the International Monetary Fund (IMF). It is not a currency but rather a potential claim on the freely usable currencies of IMF member countries. The SDR basket includes the U.S. dollar, euro, Chinese yuan, Japanese yen, and British pound.
The main qualities of an orthodox currency board are: A currency board's foreign currency reserves must be sufficient to ensure that all holders of its notes and coins (and all bank creditors of a Reserve Account at the currency board) can convert them into the reserve currency (usually 110–115% of the monetary base M0).
349 million EUR 14.4 trillion US$ 15.6 trillion ... 335 million USD 26.9 trillion US$ 26.9 trillion Comparison with economies of individual sovereign countries
According to the United States Census Bureau, in 2012 there were 45.6 million people in the US (14.8% of the under-65 population) who were without health insurance. This figure fell by 18.3 million (40%) to 27.3 million (8.6% of the under-65 population) by 2016. [298]
The Eurozone or euro area (dark blue) represents around 350 million people. The euro is the second-largest reserve currency in the world. Beginning in the year 1999 with some EU member states, now 20 out of 27 EU states use the euro as official currency in a currency union. The remaining 7 states continue to use their own currency with the ...