Title: Understanding the euro
Headings: Understanding the euro
Understanding the euro
Handling money in much of Europe is easier than ever
Handling money in much of Europe is easier than ever
When did the changeover happen?
Which countries use the euro?
What does the euro look like?
What are the effects of the euro’s introduction?

Content: What are the effects of the euro’s introduction? The introduction of a single European currency was intended to stimulate trade and travel within Europe. Though some countries who adopted the euro found that there was a slight rise in prices immediately after it was adopted, the news is all good for those traveling in Europe. The ease of using the same currency in more than 12 countries within a close geographical location is noticeable. Not only do you not have to change currency more than once if you’re planning on visiting France, Italy and Germany, but you also won’t have to pay commissions to get money converted, so if you’re visiting a lot of European countries, you can save a considerable amount of money. The conversion rate from dollars to euros fluctuates, but as of August 2012, $1 = .81 euros (1 euro = $1.22). (Featured image: Tax Credits)
Understanding the euro was last modified: June 26th, 2019 by Melisse Hinkle
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