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What is the current currency of Greece?

The euro is the currency of Greece

The euro (in English: euro) is the official currency currently used in the state of Greece, and it is symbolized by the symbol (€), knowing that one euro is equivalent to the value of 1.0791 US dollars, according to the exchange rates on the sixth of April 2020 AD, and it is also divided into one hundred parts Each of them is called a cent (in English: cent), and Greece, which is a member of the European Union, uses this currency in its paper and metal forms.

The denominations of the euro currency

The euro currency was issued in different forms and denominations, as follows:

paper categories

The euro banknotes are available in the following denominations:

  • Class (5) Euro: The predominant color is gray, and it expresses the classic architectural style in its design.
  • Class (10) Euro: Its predominant color is red, and it expresses the Romanesque architectural style in its design.
  • Class (20) Euro: Its predominant color is blue, and its design expresses the Gothic architectural style.
  • Class (50) Euro: The prevailing color is orange, and its design expresses the style of Renaissance architecture.
  • Class (100) Euro: Its predominant color is green, and its design expresses the style of Rococo and Baroque architecture.
  • Class (200) Euro: The two colors prevailing in it are yellow and brown, and it expresses in its design the style of the nineteenth century AD architecture.
  • Class (500) Euro: The prevailing color is violet, and it expresses in its design the architecture of the twentieth century AD.

Mineral categories

The metal denominations of the euro currency are the same in all countries that use it on one side only, while it differs on the other side, which represents the national face of the currency from one country to another. And (1) cents, (2) cents, (1) cents, (2) cents, (5) cents, and (10) cents.

Read also:What was the currency of Greece before the euro?

History of Coinage in Greece

The state of Greece used to use a currency called the drachma, and it is symbolized by the symbol (₯), and in 2001 it joined the eurozone, and as a result the old currency was replaced by the euro, which became the official national currency of Greece, and circulation began in 2002. .

The purchasing power of the Greek euro

The country of Greece ranked twenty-second among the countries of the continent of Europe, according to the purchasing power of the Greek local currency, which amounted to 0.6 per US dollar in 2018 AD, as it witnessed a gradual decline from what it was in 1999 AD, when it reached 0.7 per US dollar at that time. It decreased to 2020% in February 0.2, compared to 0.9% in January of the same year, marking the lowest inflation rate since November 2019.

Read also:The currency of the State of Qatar
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