Europe's Currency

Pound

In the United Kingdom we use the pound. It uses bills and coins. Scotland uses the same currency but the icons on it are different. The United Kingdom Pound is currently worth 1.55 U.S. Dollars. The pound is split up into 100 pence like a dollar. The pound was only split up into 100 pence in 1971. 

There are 1,5,10,20, and 50 pence coins and, 5,10,20, and 50 bank notes.    

Unlike many other types of currency the coins and banknotes in the pound currency vary from region to region. Some places in the United Kingdom such a Scotland have more valuable bank notes such as a 100 pound bank note. Scotland also has a 1 pound bank note.        

This is Edinburgh castle which I visited.

Euro

The Euro is a different currency used by a lot of other european countries. These countries are Andorra, Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, San Marino, Slovakia, Slovenia, Spain, and Vatican City.  There are 23 countries that use the euro. All of these countries use to have their own currency. They changed to the euro because having different currencies for each country makes it a lot harder for trade. Also if you are visiting a different country you would have to constantly change currencies. The euro was created on January 1, 1999. Bank notes and coins started to circulated in 2002. 

Having such a valuable bank note in a currency is quite rare. This is because if someone managed to counterfeit it they could get a lot of money. The 500 euro bank note has a lot of codes on it so people cant counter fit it.

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