2023-12-20T09:35:12-08:00[America/Los_Angeles]
What does EUR mean?
EUR stands for Euro, which is the official currency of the Eurozone, a group of 19 European Union (EU) member countries that have adopted the euro as their official currency. The euro is the second most traded currency in the world after the US dollar and is used by over 340 million people in the Eurozone. It is also commonly used as a reserve currency by central banks and financial institutions around the world. The euro is symbolized by the sign € and is subdivided into 100 smaller units called cents. It is widely used for international trade, investment, and financial transactions, and its exchange rate is closely monitored by investors, businesses, and governments.
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