Used by the Euro area, the Euro carries the code EUR and the € symbol. Euro cash began circulating in 2002, while the currency itself had been introduced for accounting and electronic payments in 1999. As of 2026, 21 European Union member states use EUR after Bulgaria joined the Euro area on 1 January 2026. The European Central Bank and national central banks share responsibilities for banknotes; the current Europa series contains €5, €10, €20, €50, €100 and €200 notes, while first-series €500 notes remain legal tender even though new €500 notes are no longer issued. EUR is also used under formal agreements by several small European states and, separately, without a formal monetary agreement in Kosovo and Montenegro.
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