Easily Replace EU Currency Field in the Medical History

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How to Replace EU Currency Field in the Medical History

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hello and welcome to this Tod our video where we explain the euro this video is gonna be split broadly into three sections the first will explain what the euro is and how countries might adopt it the second will deal with the history of the euro when and why it was adopted and the third well take a look whether or not it was a good idea before we dive in this week is your last chance to sign up for our patreon and claim your free golden EU pin badge this badge will never be available for public release and is exclusive to our $10 and art patrons thats about nine pounds for an exclusive badge and we normally charge about six pounds for other badges anyway in fact this topic was even chosen by our patreon backers in a recent poll so to get the deal and all of the other perks of membership including voting on video topics check out our patreon its linked down below the euro is the official currency of the EU or well at least most of it its used by 19 of the 27 member states thats Aus

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Why is the euro stronger than the dollar?

The European Central Bank (ECB), which sets monetary policy for the eurozone, has more independence from national governments than other central banks because it oversees the entire continents monetary policy. That independence helps keep the euro strong.

Has replaced the European Monetary System?

The European Monetary System (EMS) was succeeded by the European Economic and Monetary Union (EMU), which established a common currency, the euro.

What money was replaced by the euro?

The euro was launched on January 1, 1999, replacing the precursor ecu at a 1:1 value. Until the circulation of currency notes and coins in 2002, the euro was used only by financial markets and certain businesses.

What is the European monetary unit replaced by the euro?

The European Currency Unit (ECU) was the monetary unit used by the European Monetary System (EMS) before being replaced by the euro. The ECU was introduced in 1979 and replaced by the euro in 1999.

What are two problems with the European unified currency?

By far, the largest drawback of the euro is a single monetary policy that often does not fit local economic conditions. It is common for parts of the EU to be prospering, with high growth and low unemployment. In contrast, others suffer from prolonged economic downturns and high unemployment.

What is the biggest cash changeover in history?

Fun fact: The euro was introduced as the European Union currency in 1999 but the banknotes and coins were put into circulation in 2002. The European Union describes it as the biggest cash changeover in history, replacing 12 national currencies when it was first introduced.

When was the dollar stronger than the euro?

When was the last time the euro was equal to the dollar? The euro was last valued below $1 on July 15, 2002. The European currency hit its all-time high of $1.18 shortly after its launch on Jan.

Are old 100 euro notes still valid?

The first series of notes, originally issued in 2002, is gradually being replaced by the Europa series. All the notes are legal tender throughout the euro area.

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