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The Euro

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front of euro banknote

back of euro banknote

ABOVE: Front and back of a €10 banknote.

Q. How long will I be able to exchange old currencies for euros?

The euro became the only legal tender in 12 euro countries in February, 2002. Central banks accepted old coins in exchange for euros for three years, and they were required to exchange banknotes for 10 years after the changeover. If you have a stash of pre-euro currency from before 2002 that you need to convert, you're now out of luck.

More countries are likely to join the euro zone in the years ahead, and central banks will be exchanging new participants' currencies for euros until well into the second decade of this century--and maybe beyond.

Next Page: Euro Web links

In this article:
The euro
More euro Q&A
Euro plural & Web links

Money tools and tips at
Currency converter
The euro
ATMs and exchange machines
ATM conversion fees
Using credit cards in Europe
Credit-card surcharges
Visa TravelMoney, Amex Travelfunds, Post Office Travel Money Cards
Traveler's checks
Tax-free shopping (VAT refunds)
Travel-insurance articles

Photos: Europa, copyright © European Monetary Institute and European Central Bank.

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