The euro is the official currency for a significant portion of Europe. Specifically, 20 member states within the European Union have adopted the euro, making everyday transactions seamless across these nations. These countries are: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. For travelers and businesses alike, understanding where the euro is accepted simplifies financial planning and operations significantly. You can discover more about the euro, including further details on its use and current exchange rates.
Beyond the mainland European countries, the reach of the euro extends to numerous overseas territories associated with EU member states. These include regions like the Azores, Canary Islands, Ceuta and Melilla, French Guiana, Guadeloupe, Madeira, Martinique, Mayotte, Réunion, Saint Barthélemy, and Saint Pierre and Miquelon. In these locations, the euro operates as the standard currency, mirroring its use in the European countries from which they are governed.
Interestingly, the euro’s influence goes beyond the EU framework. Andorra, Monaco, San Marino, and Vatican City, although not part of the EU, have formally adopted the euro as their national currency through agreements. Furthermore, places like Kosovo and Montenegro utilize the euro as their de facto currency, meaning it is used for everyday transactions even without a formal agreement, highlighting the euro’s broad acceptance and practical utility across Europe.
When traveling within the euro area or conducting transactions involving euro accounts within the EU, it’s important to note the regulations regarding payments. For payments made in euro within the EU, transaction fees should not exceed those charged for equivalent national electronic payments in euros. This rule also extends to euro transactions, such as those between euro-denominated accounts, even when these accounts are located outside of the Eurozone, ensuring consistent and transparent transaction costs.
For further details on related regulations and assistance, you can consult EU legislation and support services. Get advice on your EU rights / Solve problems with a public body or utilize the assistance service finder to locate the appropriate support for your needs.
Last checked: 07/01/2025
