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While cleaning his room, Jonas found a 2 D-mark coin, reminding him of his childhood purchases. In the past, various European countries used different currencies, such as Italy's lira, France's franc, and Germany's Deutsche Mark. In 1992, the Maastricht Treaty established the European Central Bank and initiated the European monetary union, leading to the introduction of the euro. This unification preserved the value of money and products across member states. For instance, 20 Deutsche Marks equated to approximately 10 euros post-introduction. Countries wishing to adopt the euro must meet four convergence criteria one year prior to joining the currency system.
