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Spain - Currency
The Euro is now the official currency of 13 countries and both of Spain’s close neighbours, France and Portugal, are using the currency. Banknotes are issued in denominations of 5, 10, 20, 50, 100, 200 and 500 Euros and coins range from 1 cent up to 2 Euros. Each of the euro coins features a design from the country that minted it but these are interchangeable and can be used in any euro zone country.
The exchange rates between the dollar and the euro and the pound and the euro have fluctuated a great deal and in recent years the rate has been weakened, with those travelling to the euro zone getting much less for their money than they used to.
The sign for the euro is € and the abbreviation for the currency is EUR. As the euro is a relatively new currency slang words are not really in use for the notes and coins, although there were some slang words for the peseta.
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