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Quiz about Europes   Currency The Euro
Quiz about Europes   Currency The Euro

Europe's Currency -The Euro Trivia Quiz


What do you know about the changeover to the euro which took place on January 1, 2002. See also the quiz 'The Euro' by Lady Macbeth in the Currencies category of World.

A multiple-choice quiz by minch. Estimated time: 3 mins.
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Author
minch
Time
3 mins
Type
Multiple Choice
Quiz #
53,368
Updated
Feb 04 23
# Qns
10
Difficulty
Average
Avg Score
6 / 10
Plays
2496
Last 3 plays: Guest 80 (0/10), malama (8/10), Guest 76 (4/10).
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Question 1 of 10
1. For many European countries January 1, 2002 marked the cash currency changeover to the euro. How many countries moved to using the euro officially at that date? Hint


Question 2 of 10
2. On 1 January 2002, one of these four countries (all members of the EU at the time) switched over to using the Euro currency. Which one? Hint


Question 3 of 10
3. When was the euro first introduced, in its non cash form? Hint


Question 4 of 10
4. In what form was the euro introduced on January 1, 2002? Hint


Question 5 of 10
5. How many countries were part of the original group of countries using the euro in non-cash form? Hint


Question 6 of 10
6. Which country in 2001 joined the original group of those using the euro? Hint


Question 7 of 10
7. Some of the currencies used by the participating countries had been in use for many years. How long had the Greek drachma been in use? Hint


Question 8 of 10
8. For a certain length of time both the euro and each country's original currency will be accepted. How long is this period in most of the participating countries? Hint


Question 9 of 10
9. Northern Ireland has changed over to the euro. True or false?


Question 10 of 10
10. What does EMS stand for? Hint



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Most Recent Scores
Mar 24 2024 : Guest 80: 0/10
Mar 22 2024 : malama: 8/10
Mar 05 2024 : Guest 76: 4/10
Feb 28 2024 : Guest 152: 3/10
Feb 28 2024 : Guest 152: 4/10
Feb 06 2024 : Guest 79: 7/10
Feb 04 2024 : Guest 115: 5/10

Score Distribution

quiz
Quiz Answer Key and Fun Facts
1. For many European countries January 1, 2002 marked the cash currency changeover to the euro. How many countries moved to using the euro officially at that date?

Answer: 12

Belgium, Germany, Spain, Portugal, Ireland, Italy, France, Austria, The Netherlands, Greece, Luxembourg and Finland are the twelve countries that started using the euro officially on January 1, 2002.
2. On 1 January 2002, one of these four countries (all members of the EU at the time) switched over to using the Euro currency. Which one?

Answer: Finland

Not all European countries are members of the EU, but of those who are, only Denmark and Sweden are not now using the euro (as at 2022). The UK formally left the EU in January 2020, having voted to do so in 2016 following a national referendum.
3. When was the euro first introduced, in its non cash form?

Answer: January 1, 1999

4. In what form was the euro introduced on January 1, 2002?

Answer: banknotes and coins

Over fifteen billion notes and 50 billion coins were produced. One side of the coins is common to all countries, the other side is specific to one of the member countries. Banknotes are all the same.
5. How many countries were part of the original group of countries using the euro in non-cash form?

Answer: 11

Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. This was for commercial and financial transactions only; cash came in 2002.
6. Which country in 2001 joined the original group of those using the euro?

Answer: Greece

Greece qualified in 2000, and formally joined the Eurozone on 1st January 2001.
7. Some of the currencies used by the participating countries had been in use for many years. How long had the Greek drachma been in use?

Answer: 2,600 years

The silver drachma was used by the ancient Greeks.
8. For a certain length of time both the euro and each country's original currency will be accepted. How long is this period in most of the participating countries?

Answer: two months

9. Northern Ireland has changed over to the euro. True or false?

Answer: False

Ireland or Eire, has adopted the euro. Northern Ireland is part of the UK, and the UK has not changed its currency.
10. What does EMS stand for?

Answer: European Monetary System

The European Monetary System was established in 1979 by the European Union in order to bring some financial stability to Europe. Brussels is the headquarters both of the EMS and the EU.
Source: Author minch

This quiz was reviewed by FunTrivia editor stedman before going online.
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