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the euro its one of the most important currencies in the world and is used by over 340 million europeans the coins and banknotes first entered into circulation in 2002. back then they were used in 12 eu member states today the euro area is made up of 19 member states the coins and banknotes in our pockets are worth far more than the numbers written on them they are the tangible symbol of united europe that promises peace protection and prosperity the currency is also used by some states that are not part of the euro area they include four european microstates andorra monaco san marino and the vatican city montenegro and kosovo also use the euro as their de facto currency even though they dont have agreements with the eu the next eu country to use the currency will be croatia theyll adopt the euro next year but it comes at a time of economic uncertainty with inflation in the eurozone at an all-time high