List of currencies in Europe - wikipedia List of currencies in Europe Eurozone member states ERM II member states Other EU member states States using the euro as a result of a treaty States which have unilaterally adopted the euro There are 28 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. All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. A currency is a medium of exchange, such as money, banknotes, and coins. In Europe, the most commonly used currency is the euro ; any country entering the European Union ( EU ) is expected to join the eurozone when they meet the five convergence criteria. Denmark is the only EU member which has been granted an exemption from using the euro, Sweden has also not adopted the Euro, although unlike Denmark, it has not formally opted out, instead, fails to meet the ERM II ( Exchange Rate Mechanism ) which results in the non-use of the Euro. For countries which hope to join the eurozone, there are five guidelines that need to be followed, grouped in the Maastricht criteria. The pound sterling, used by the United Kingdom, is rated at fourth on Investopedia 's list of the top 8 most tradable currencies, saying that it is a `` little bit more volatile than the euro ''. 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. Various countries use currencies which translate as `` crown '' : the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. At present, the euro is legal tender in 19 out of 28 European Union member states, in addition to 5 countries not part of the EU ( Monaco, San Marino, Vatican City, Andorra and Montenegro ). The Republic of Kosovo also uses the euro, but is only partially recognised as an independent state. Contents 1 European currencies 2 See also 3 References 4 External links European currencies List of all European currencies Country Present currency Currency sign ISO 4217 code Fractional unit Previous currency Albania Albanian lek ALL Qindarkë N / A Andorra Euro € EUR Cent None official Austria Euro € EUR Cent Schilling Azerbaijan Azerbaijani manat ₼ AZN Qapik Russian ruble Belarus Belarusian ruble Br BYN Kopeck Second Ruble Belgium Euro € EUR Cent Belgian franc Bosnia and Herzegovina Bosnia and Herzegovina convertible mark KM BAM Fening Bosnia and Herzegovina dinar Bulgaria Bulgarian lev лв BGN Stotinka N / A Croatia Croatian kuna kn HRK Lipa Croatian dinar Cyprus Euro € EUR Cent Cypriot pound Czech Republic Czech koruna Kč CZK Haléř Czechoslovak koruna Denmark Danish krone kr. DKK Øre Danish rigsdaler Estonia Euro € EUR Cent Estonian kroon Finland Euro € EUR Cent Finnish markka France Euro € EUR Cent French franc Georgia Georgian lari ₾ GEL Tetri Kupon lari Germany Euro € EUR Cent Deutsche Mark Greece Euro € EUR Cent Greek drachma Hungary Hungarian forint Ft HUF Fillér Hungarian pengő Iceland Icelandic króna : second króna kr, Íkr ISK Aurar Icelandic króna : first króna Ireland Euro € EUR Cent Punt Italy Euro € EUR Cent Italian lira Latvia Euro € EUR Cent Latvian lats Liechtenstein Swiss franc CHF CHF Rappen, also called Centime, Centesimo, and Rap Liechtenstein krone Lithuania Euro € EUR Cent Lithuanian litas Luxembourg Euro € EUR Cent Luxembourgish franc Republic of Macedonia Second Macedonian denar ден MKD Deni First Macedonian denar Malta Euro € EUR Cent Maltese lira Moldova Moldovan leu MDL Ban Moldovan cupon Monaco Euro € EUR Cent Monegasque franc Montenegro Euro € EUR Cent Deutsche Mark Netherlands Euro € EUR Cent Dutch guilder Norway Norwegian krone kr, -- NOK Øre Norwegian speciedaler Poland Polish złoty zł PLN Grosz Polish marka Portugal Euro € EUR Cent Portuguese escudo Romania Romanian new leu lei RON ban Third Romanian leu Russia Russian ruble ₽ RUB Kopeyka Fifth Ruble San Marino Euro € EUR Cent Sammarinese lira Serbia Serbian dinar RSD or РСД ( unofficial : din. or дин. ) RSD Para Yugoslav dinar Slovakia Euro € EUR Cent Slovak koruna Slovenia Euro € EUR Cent Slovenian tolar Spain Euro € EUR Cent Spanish peseta Sweden Swedish krona kr SEK Öre Swedish riksdaler Switzerland Swiss franc CHF CHF Rappen, also called Centime, Centesimo, and Rap None Turkey Turkish lira ₺ TRY Kuruş First Turkish Lira Ukraine Ukrainian hryvnia ₴ UAH Kopiyka ( копійка ) Ukrainian karbovanets United Kingdom Pound sterling £ GBP Penny ( pl. Pence ) Pound sterling Vatican City Euro € EUR Cent Vatican lira See also Currencies of the European Union List of circulating currencies References Jump up ^ `` Holy See ( Vatican City ) ''. CIA World Factbook. 3 September 2013. Retrieved 10 October 2013. Jump up ^ `` cur ren cy, definition 1 ''. The Free Dictionary. Retrieved 13 October 2013. ^ Jump up to : Stastna, Kazi ( 9 December 2011 ). `` Euro : the common currency explained ''. CBC News. Retrieved 12 October 2013. Jump up ^ `` Who can join and when ? ''. European Commission. 4 September 2013. Retrieved 17 October 2013. Jump up ^ `` ERM II ''. Minestary of Finance. 11 November 2011. Archived from the original on 17 October 2013. Retrieved 17 October 2013. Jump up ^ `` Sweden and the euro ''. European Commission. 8 August 2011. Retrieved 17 October 2013. Jump up ^ `` Top 8 Most Tradable Currencies ''. Investopedia. 30 June 2013. Retrieved 12 October 2013. Jump up ^ `` Currencies : Major World Currencies ''. Bloomberg. Retrieved 12 October 2013. Jump up ^ Mapes, Terri. `` Currencies in Europe ''. About.com. Retrieved 31 October 2013. Jump up ^ `` The euro ''. Europa. Retrieved 12 October 2013. ^ Jump up to : `` Introduction ''. European Central Bank. Retrieved 9 October 2013. Jump up ^ `` ALL -- Albanian Lek ''. Xe. Retrieved 22 July 2013. Jump up ^ `` Albanian Lek ''. Oanda. Retrieved 19 September 2013. ^ Jump up to : `` By monetary agreement between France ( acting for the EC ) and Monaco ''. Retrieved 30 May 2010. Jump up ^ `` EUR -- Euro ''. Xe. Retrieved 20 September 2013. Jump up ^ `` The euro outside the euro area ''. European Commission : economic and financial affairs. 5 September 2013. Retrieved 19 September 2013. Jump up ^ `` Local Currency in Austria ''. CurrencyName.com. Retrieved 22 July 2013. Jump up ^ `` Austrian Schilling ''. BBC. 2001. Retrieved 12 October 2013. Jump up ^ `` AZN -- Azerbaijani New Manat ''. Xe. Retrieved 22 July 2013. Jump up ^ `` Milli valyutamızın tarixi ( Azerbaijani ) ''. AZƏRBAYCAN RESPUBLİKASININ MƏRKƏZİ BANKI. Retrieved 22 July 2013. Jump up ^ `` Banknotes and Coins of the National Bank of the Republic of Belarus ''. National Bank of the Republic of Belarus. Retrieved 22 July 2013. Jump up ^ `` BYR -- Belarusian Ruble ''. Xe. Retrieved 22 July 2013. Jump up ^ `` Belarusian Ruble ''. Oanda. Retrieved 20 September 2013. Jump up ^ `` Chronological summary of the history of the Belgian franc ''. National Bank of Belgium. Retrieved 22 July 2013. Jump up ^ `` Belgian Franc ''. BBC. 2001. Retrieved 12 October 2013. Jump up ^ `` BAM -- Bosnian Convertible Marka ''. Xe. Retrieved 22 July 2013. Jump up ^ `` Bosnian Mark ''. Oanda. Retrieved 20 September 2013. Jump up ^ `` BGN -- Bulgarian Lev ''. Xe. Retrieved 22 July 2013. Jump up ^ `` HRK -- Croatian Kuna ''. Xe. Retrieved 23 July 2013. Jump up ^ `` Papirnati novac hrvatski dinar 1991. -- 1994 ''. Kunalipa. Retrieved 23 July 2013. Jump up ^ `` Cyprus ( as of 1 January 2008 ) ''. The European Central Bank. Archived from the original on 19 December 2007. Retrieved 23 July 2013. Jump up ^ `` Cyprus Pound ''. Oanda. Retrieved 20 September 2013. Jump up ^ `` CZK -- Czech Koruna ''. Xe. Retrieved 23 July 2013. Jump up ^ `` Czech Koruna ''. Oanda. Retrieved 4 October 2013. Jump up ^ `` DKK -- Danish Krone ''. Xe. Retrieved 23 July 2013. Jump up ^ `` Danish Krone ''. Oanda. Retrieved 4 October 2013. Jump up ^ `` Estonia ( since 1 January 2011 ) ''. European Central Bank. Retrieved 23 July 2013. Jump up ^ `` Ministers offer Estonia entry to eurozone January 1 ''. France24. 8 June 2010. Retrieved 23 July 2013. Jump up ^ `` Money and currency in Estonia ''. Visit Estonia. Retrieved 23 July 2013. Jump up ^ `` Estonian Kroon ''. Oanda. Retrieved 4 October 2013. Jump up ^ `` Finland and the euro ''. European Commission. Retrieved 23 July 2013. Jump up ^ `` Finnish Markka ''. BBC. 2001. Retrieved 23 July 2013. Jump up ^ `` France and the euro ''. European Commission. Retrieved 23 July 2013. Jump up ^ `` French Franc ''. BBC. 2001. Retrieved 23 July 2013. Jump up ^ `` Banknotes ''. National Bank of Georgia. Retrieved 23 July 2013. Jump up ^ `` Georgian Lari ''. Financial Dictionary. Retrieved 23 July 2013. Jump up ^ `` DM coins ''. Bundesbank. Archived from the original on 1 May 2013. Retrieved 23 July 2013. Jump up ^ `` Greece and the euro ''. European Commission. Retrieved 23 July 2013. Jump up ^ `` drachma ''. Encyclopædia Britannica. Retrieved 23 July 2013. Jump up ^ `` Hungarian Forint ''. Famous Wonders. Retrieved 23 July 2013. Jump up ^ `` 1925. évi XXXV. törvénycikk ( Hungarian ) ''. 1000ev.hu. Retrieved 23 July 2013. ^ Jump up to : `` Iceland Krona ''. Oanda. Retrieved 23 July 2013. Jump up ^ `` Ireland and the euro ''. European Commission. Retrieved 23 July 2013. Jump up ^ Kelly, John ( Spring 2003 ). `` The Irish Pound : From Origins to EMU '' ( PDF ). Irish Central Bank. Retrieved 23 July 2013. Jump up ^ `` Italy and the euro ''. European Commission. Retrieved 23 July 2013. Jump up ^ `` The Phillips Curve and the Italian Lira, 1861 -- 1998 ''. Social Science Research Network. SSRN 1156845. Missing or empty url = ( help ) ; access - date = requires url = ( help ) Jump up ^ `` Introduction ''. Latvijas Banka. Retrieved 23 July 2013. Jump up ^ `` Europe > Liechtenstein > Currency ''. Nation Master. Retrieved 25 July 2013. Jump up ^ `` Liechtenstein Exchange Rate ''. Greenwichmeantime. Retrieved 25 July 2013. Jump up ^ `` Liechtenstein Krone Y # 2 ''. Numismatic Guaranty Corporation. Retrieved 25 July 2013. Jump up ^ `` Lithuanian Litas ''. Famous Wonders. Retrieved 5 September 2013. Jump up ^ `` EUR -- euro ''. Xe. Retrieved 5 September 2013. Jump up ^ `` Luxembourg and the euro ''. European Commission. Retrieved 27 July 2013. Jump up ^ `` Luxembourg Franc ''. BBC. 2001. Retrieved 27 July 2013. Jump up ^ `` Ќе се слават 20 години од македонскиот денар ( Macedonian ) ''. HobaMakeДohhja. 20 February 2011. Archived from the original on 6 October 2014. Retrieved 5 September 2013. Jump up ^ `` Macedonian Denar ''. Oanda. Retrieved 5 October 2013. Jump up ^ `` Malta 's euro coins ''. Central Bank of Malta. Retrieved 18 September 2013. Jump up ^ `` The Coinage of Malta ''. Central Bank of Malta. Archived from the original on 29 October 2013. Retrieved 18 September 2013. Jump up ^ `` Moldovan Leu ''. Oanda. Retrieved 18 September 2013. Jump up ^ `` Moldovan Cupon ''. The Free Dictionary. Retrieved 18 September 2013. ^ Jump up to : `` Introduction ''. European Central Bank. Retrieved 18 September 2013. Jump up ^ Anderson, Paul ( 3 January 2002 ). `` Montenegro 's euro challenge ''. BBC. Retrieved 18 September 2013. Jump up ^ `` Netherlands ''. Eurozone. Retrieved 18 September 2013. Jump up ^ `` Netherlands Gilder ''. BBC. 2001. Retrieved 18 September 2013. Jump up ^ `` NOK -- Norwegian Krone ''. Xe. Retrieved 18 September 2013. Jump up ^ `` Norwegian Kroner ''. Oanda. Retrieved 3 November 2013. Jump up ^ `` Convert United States Dollar to Polish Zloty ''. Retrieved 18 September 2013. Jump up ^ `` Portugal and the Euro ''. EU Business. Retrieved 18 September 2013. Jump up ^ `` Portuguese Escudo ''. BBC. 2001. Retrieved 18 September 2013. Jump up ^ `` Redenomination of domestic currency ''. Banca Naţională a României. Retrieved 18 September 2013. Jump up ^ `` Romanian New Leu ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Russian Rouble ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Serenissima Repubblica di San Marino ''. The Euro Information Website. Retrieved 18 September 2013. ^ Jump up to : `` Serbian Dinar ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Slovak Koruna ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Slovenian Tolar ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Spanish peseta ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Swedish Krona ''. Oanda. Retrieved 18 September 2013. ^ Jump up to : `` Swiss Franc ''. Oanda. Retrieved 19 September 2013. ^ Jump up to : `` Turkish Lira ''. Oanda. Retrieved 19 September 2013. ^ Jump up to : `` Ukraine Hryvnia ''. Oanda. Retrieved 19 September 2013. Jump up ^ `` Celebrating 40 Years of Decimalisation The Story of Decimal Coinage ''. Royal Mint. Retrieved 19 September 2013. Jump up ^ Dawnay, Kit ( 8 October 2001 ). `` A history of sterling ''. The Telegraph. Retrieved 23 October 2013. Jump up ^ `` Vatican City ''. European Central Bank. Retrieved 25 July 2013. Jump up ^ `` The New Philatelic and Numismatic Museum -- Official celebrative Envelope ''. Vatican City State. Retrieved 25 July 2013. External links International Organisation for Standardisation ( ISO ) Lists of currencies by continent Asia Africa Europe North America Oceania South America World circulating currencies Retrieved from `` https://en.wikipedia.org/w/index.php?title=List_of_currencies_in_Europe&oldid=824184792 '' Categories : Currency lists Currencies of Europe Hidden categories : Pages using web citations with no URL Pages using citations with accessdate and no URL Talk Contents About Wikipedia Čeština Bahasa Indonesia Edit links This page was last edited on 5 February 2018, at 20 : 47. Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. About Wikipedia

Question: what is the name of the currency used in the european union
Answer: the euro