What is a Euro?

Answer:
A euro (€) is the official currency of the European Union,

used in the Eurozone, which is comprised of 15 European States.

The 15 European States using the euro as currency are:
Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovenia, and Spain.

Every day, millions of Europeans buy and sell using the euro as legal tender, just as Americans use the dollar.

In 1999, the euro became the official currency for accounting purposes, then by 2002, it became the paper and coin currency of the region.

While all European States are eligible to use the euro as their offical currency, some have chosen not to (i.e., Sweden).

One euro is equal to 100 eurocents. The coin breakdown for the euro system is: €2, €1, €0.50, €0.20, €0.10, €0.05, €0.02, and €0.01.