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Jonas found a 2 mark coin while cleaning his room which reminded him of using Denmark's currency at the corner store when he was younger. Nowadays, he uses euros, but why? In 1992, the European Union established the European Central Bank to introduce a common currency - the euro. This unified currency helps preserve the value of money and products. Countries wanting to join the euro must meet four convergence criteria, one being stability. Before joining, a country must verify their stability one year in advance.