Euro Currency Knowledge Base
Euro currency? whta is your opinion about the euro as a currency and its impact on society and the world in general? are you for or against and why?
Is the Euro currency backed by the gold standard? My question is: Is the Euro currency backed by the gold standard? 2nd question: Why did the US remove its currency from the gold standard in the 70's, and does the US government have any plans to restore it to the gold standard, as a means of reinforceing its value and confidence in the world market?
What will happen to the Euro currency? Guys, i work mainly outside the Eurozone, and in the last month the Euro currency went up from 1.35 to 1.44 to the USD, that means 7% increase, my customers are really in a bad situation now, in 2001 the European made goods that i export outside Europe used to be the cheapest in the world, today and after six years i am the most expensive and technically we only added about 15% increase of raw material and tried to abosrb the rest, but profits are not so good at this stage we cannot go down anymore and if the Euro currency keeps going up against the weakening dollar i am affraid that we will lose our business completely, we dont want to go to China or anyother country, do you think the dollar will continue to drop and if so, i think the best place to produce in few years is the United States and not China, can you tell me your point of view?
Pound Sterling weak to Euro - when best to buy Euro currency? Next month I will be flying to Spain and 2 months later to France for a few weeks. Now, I am unsure whether to buy the Euro currency in UK, or take my Debit card with me to withdraw cash on the continent, buy travellers cheques and cash them in abroad or even go to the Post Office and buy a bulk of cash for a special exchange rate. Any ideas or suggestions?
What do the letters on Euro currency notes mean? Like BCE ECB EZB EKT and EKP. Also, what are the islands at the bottom of the map? It´s amazing what one wonders. Thanks, there are more islands though, in boxes next to the canaries. Do you know what those are?
Does the state of california use the euro as its currency? Right now, i think california is a part of europe. Therefore, we use the euro as our currency. California is a part of the european union. That means i can walk into a grocery store in california and they will accept euros. Do you believe this?
Why does ireland use the euro as its currency and the uk does not use it? Think about it, the euro did wonders to irelands economy, they have one of the highest standards of living in europe and the whole world. I think if the uk adopts the euro, it will have the same effect as it did in irelands economy. Tell gordon brown that we need the euro. It will make our economy run better. We do not need the pound anymore. We need to raise support for the euro. I wanna see the pound go and the euro to be our currency in the next 5-7 years. Trust me, it will be beneficial to our economy
What is the Euro (currency) named after? I am doing a school project on the Euro and one of the questions is "Where does the Euro get its name from?" I know it may just be Europe but is there actually another reason why the Euro was named the Euro? Thanks :]
how do you book a hotel in euro currency from uk (Gbp)? i live in the uk and looking to book holiday next year but flights and hotel seperately rather than package. i am looking to go to greece but all hotels are in euros and obviously my money is gbp, how would you go about booking/paying for this, does banks charge a % for change in currency? or do u need to put some euros in your bank? never done this before so any help greatly appreciated
Should Britain join the Euro currency? The Euro is the strongest of the major currencies. The British pound is stronger than the dollar but the Euro is stronger than both. Should Britain be a part of that strength and join the Euro.
Do you think that the UK should adopt the Euro currency? The President of the European Commission says... "I know that the majority in Britain are still opposed, but there is a period of consideration under way and the people who matter in Britain are currently thinking about it" - (Jose Manuel Barroso). http://news.bbc.co.uk/1/hi/business/7757830.stm Are you one of the "people who matter" and/or do you think we should get a referendum on this anyway in due course?
In Countries that use Euro, did they abolish their own currency that was in use b4 Euro? in countries like France and Germany,did they abolish German Mark and Franc? do those countries still use their currency besides Euro? This would invite a massive public outcry wouldn't it if it was done in the U.S, for example, if U.S and Canadian dollars were to combine. If this is done in the U.S, everybody would be pissed off right? they will say we might as well throw out the constitution right?
When was the Euro First put into use, replacing the original currency of these countries? In 1992, the european union decided to adopt a single form of currency (money) called the euro. when was the euro first put into use, replacing the original currency of these countries. HINT: The Treaty on European Union (TEU), signed in Maastricht on 7 February 1992, entered into force on 1 November 1993. is it the first date (february) or (november) ?
Will the US convert currency to be similar to the Euro? We discussed in our Macro Economics class about the Euro and about other countries adopting this currency. Whay hasn't the US decided on that ? Or what about the Amero? Will we be on a similar unified currency system with other countries?
Are there any Euro/other currency deposit instruments? I found Ever bank, out of Florida, that allows CDs in foreign currencies but I am wondering if any ETF “money market” or other easily-to-invest instruments for investing in foreign currencies as a deposit or interest baring instrument? I know of the FXE etf but its simply a play on currency with no interest involved. Are there any interest paying vehicles for investing in foreign currency, as a US citizen? Are there any accounts (FOREX, foreign banks) one can open where he can invest in deposit oriented accounts?
Currency exchange - what is the smartest way to get Euro? I will be travelling to Italy in late April. Should I buy Euro in the States or wait till I am there. Either way, where should I get it: at a bank, hotel or the foreign currency exchange stores or just use my ATM card? (I know the US$ is weak, so have to find the best way to buy Euro) Thanks!
Introduction of the Euro as the universal currency? What impact, if any, do you think the introduction of the Euro as the universal currency within the European Union has had on the velocity of money within Europe? Briefly defend your answer. think about the velocity of money
What dangers does the USA face if the Euro replaces the Dollar as the international currency? There was a time that the free world once needed a strong U.S. military backed by a strong dollar to offset a Soviet threat. Since abandoning the gold standard, the only thing that has supported the value of the dollar has been the international currency market. After WWII, the U.S. dollar replaced the British pound as the international currency. Countries across the global hold trillions of U.S. dollars to back their own currency. Times are different today. There is no Soviet threat. What motivates the capitalists world to support the dollar today? International trade in Euros is on the rise. What will the USA face if the dollar loses hegemony?
Pre-euro currency exchange? I've been cleaning out my garage and I stumbled upon a box of currency from various countries that I've collected. It's all pre-euro, so I have lots of lire, francs etc. I also have bags and bags of coins, mostly finnish marks. Where can I exchange all of it, bills AND coins, for US currency?
Why do some people on here think that the currency of the UK is the Euro? The currency used in the UK is the British Pound. I just read an answer on here from someone saying that "Euros are universally accepted in the UK and have a stronger exchange rate than the pound". This is simply not true, if I went into my local supermarket and tried to pay with euros they would think I had gone mad! Is it a common belief in the US that you can use Euros in the UK? Is this what your travel agents are telling you?
Does the state of california use the euro as its currency? Right now, i think california is a part of europe. Therefore, we use the euro as our currency. California is a part of the european union. That means i can walk into a grocery store in california and they will accept euros. Do you believe this?
Euro currency? I need a train from frankfurt to Vilseck and it showed that it had some, but the rate was 29,00 euros, i was wondering what that is in USD
The Euro currency? What are the advantages and disadvantages of the Euro currency? Why is it some countries are willing to join the Euro, but others, like the UK refused?
UK Membership of the Euro currency? When is the next referendum expected in UK on accepting Euro currency and will this acceptence happen at all in the next 5 years or so? Thanks!
Euro currency. More good or more harm? Hurting tourism in the countries using it? Rising costs? Loss of investors/industry? Hurting culture and way of life? Wouldn't tourists love to receive and use the natural currency of the country that they're visiting? This is a big part of tourism as well. What's the point of it since isn't it that we all fought hard for our own countries independence and identity?
Euro currency. More good or more bad? Hurting tourism in the countries using it? Rising costs? Loss of investors/industry? Hurting culture and way of life? Wouldn't tourists love to receive and use the natural currency of the country that they're visiting? This is a big part of tourism as well. What's the point of it since isn't it that we all fought hard for our own countries independence and identity?
Should Adolf Hitler be on Euro currency? I am a big admirer of Adolf Hitler and his policies towards the economy. He pulled Germany out of the economic slump that it has been in for half a decade since the depression started in 1929, and turned Germany into an economic and military superpower. His leadership and debating skills are unmatched by any I've seen, and I believe that to pay tribute to what he has done for Germany and the leadership he provided, the European Union should immediately imprint the face of Adolf Hitler on to the Euro.
USA changing currency to euro? my friends today were talking about the USA changing its currency from the dollar to the Euro. i was wondering could this ever happen as they are not in the european union. nevermind whether it could happen or not....technically speaking is this possible?
Is England's currency the Euro(EUR) or United Kingdom Pounds(GBP)? I'm on the site http://www.xe.com/ucc/ and i want to convert US dollars to Englands Currency and thought they used Euro but then there's United Kingdom Pounds and don't know which to use...i think it's the UK Pounds but i thought they used Euro's? please help lol
Is norwegian currency the Euro? I am not sure if norway still uses the krone or if they use the euro. Please tell me what currency they currently use! I need to know for a project and i can't seem to figure it out! ~Thanks~
why did the USA change Iraq trade currency from Euro to Dollars, why did they decentralise Iraqi Oil? Not many people know, but Saddam changed his trade currency from the dollar to Euro in 2002. Straight after the evil invasion, America changed it back to the dollar, they also made Iraqs oil public, so that US coporations could basically control it. Spell Check; its a long term plan. Firstly its the top dogs that profit, than over time it will filter down to the general public. Remember the increase in oil prices is partly a ploy to show that oil had nothing to do with the barbarik invasion, massacre and plunder of Iraq.
does greece use the euro currency? a weak dollar is not bad. it means that its cheaper for foreigners to buy US goods-which helps our economy. besides, the euro currency covers about 100 million more people then the US dollar. its currency should be stronger- its a bigger market.
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