The currency of Europe is the Euro. MyCurrencyTransfer data shows GBP to EUR is the most popular Euro exchange rate conversion. It's nicknames include: The Single Currency, Ege (Finland), Leru (Spain), Yoyo (Irish English) and Teuro (Germany)
The most frequently used banknotes in Eurozone are: Û5, Û10, Û20, Û50, Û100. The single currency is used in: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Holland, Portugal, Spain, Greece ,Slovenia, Malta, Cyprus, Slovakia & Latvia.
In 2002, the Euro replaced all 17 states in the European Union with all prior currency notes and coins being discontinued. The Euro is the second most traded currency on the forex market.