Euros Explained

Euro is the coinage that is used by most European cities

, and Euro is second to US Dollars in respect of the most traded money. Euro, like any other currency, can be divided into two, namely coins and banknotes or paper money. Each coin and banknote varies from each other and each one has a unique design. Euro banknotes have seven different values, and these are "'5, "'10, "'20, "'50, "'100, "'200 and "'500. While coins have eight different denominations and these are "'1 cent, "'2 cents, "'5 cents, "'10 cents, "'20 cents, "'50 cents, "'1 and "'2.

The Euro coins number from one cent to two euros and were first used in the year 2002. These coins have a similar reverse side, which portrays a map of Europe, but each nation using Euro money is allowed to make their own variations to the front side of the coin, so the designs of coins in the various countries that use Euros as their currency may vary from each other.

Banknotes in Europe dates back to the fourteenth century. It initially gave the holder the right to obtain precious metals. By the fourteenth century, it was used in every area of Europe. The first banknotes in Europe were released by Stockholm's Banco, a bank in Sweden. Banknotes had limited circulation and were not generally used in the past, but a Scottish economist helped turn banknotes into a proper currency, which started the use of banknotes in Europe. Euro banknotes are made from cotton fibers and paper and each one has its own distinctive design. The five euro banknote is the smallest banknote among the seven Euro banknotes. The front of the banknote was created by Robert Kalina, and the design is related to classical architecture. The back of the "'5 banknote was crafted by the same man and it pictured a bridge in classical architecture and a map of Europe. The design on the "'10 bill is related to Romanesque architecture and was also designed by Robert Kalina. The "'20 banknote has a design relate to Gothic architecture, which is an architectural style that prospered late in the medieval times. On the other hand, the "'50 banknote"s design is related to Renaissance architecture. The Renaissance period is one of the most important periods in the history of Europe, because it is when art and education in Europe prospered. The design on the "'100 banknote is in Baroque and Rococo style, while the "'200 banknote contains a design related to Art Nouvueau style. The "'500 banknote"s design is modern architecture. All these Euro banknotes were created by Robert Kalina in the year 1996, and we can see that the designs are all related to art. All these banknotes were made with protection and there are certain features that are only present in real banknotes. They were made with those features to reduce counterfeiting of money.

Euro is like any other currency in the world; there are various designs for each denomination of money and each one has certain security features to decrease the chance of counterfeiting. Europeans take pride in art and that is why the designs on their money are related to art. Europe is a great continent and it is filled with gorgeous sights and views that can be related to its history.

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Search Terms: euros, euro money, 2 euros, 50 euros

by: RY4N

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