List of currencies in Europe

There are 27 currencies currently used in the 50 countries of Europe. All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here.

Eurozone member states   ERM II member states with an opt-out   ERM II member states   Other EU member states   States using the euro with a bilateral agreement   States which have unilaterally adopted the euro

In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone^[1] when they meet the five convergence criteria.^[2] Denmark is the only EU member state which has been granted an exemption from using the euro.^[1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.^[3][4] For countries which hope to join the eurozone, there are five guidelines that need to be followed, grouped in the Maastricht criteria.^[1]

The United Kingdom's currency, sterling, is rated fourth on Investopedia's list of the top 8 most tradable currencies, and that it is a "little bit more volatile than the euro".^[5] It was ranked just ahead of the Swiss franc, ranked fifth, which is used in Switzerland and Liechtenstein, saying that the set up of the Swiss banking "emphasizes the economic and financial stability policies dictated by the governing board of the SNB". Both are in the top 8 major currencies on Bloomberg.^[6] Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona.^[7]

At present, the euro is legal tender in 20 out of 27 European Union member states,^[8] in addition to 6 countries not part of the EU (Monaco, San Marino, Vatican City, Andorra, Kosovo and Montenegro).^[9]

Currencies in Europe

In Europe, the euro is used in 26 countries (including Kosovo), while the Swiss franc is used in two countries. All 23 other widely recognized states each have their own national currency. Among the states with limited recognition, Transnistria uses the Transnistrian ruble and Abkhazia uses the Abkhazian apsar. Northern Cyprus does not have its own currency and has adopted the Turkish lira. Similarly, South Ossetia uses the Russian ruble.

Therefore, 27 currencies are used in Europe:

1. Albanian lek
2. Armenian dram
3. Azerbaijani manat
4. Belarusian ruble
5. Bosnia and Herzegovina convertible mark
6. Bulgarian lev
7. Czech koruna
8. Danish krone
9. Euro
10. Georgian lari
11. Hungarian forint
12. Icelandic króna
13. Kazakhstani tenge
14. Macedonian denar
15. Moldovan leu
16. Norwegian krone
17. Polish złoty
18. Pound sterling
19. Romanian leu
20. Russian ruble
21. Serbian dinar
22. Swedish krona
23. Swiss franc
24. Turkish lira
25. Ukrainian hryvnia
26. Abkhazian apsar (unrecognized)
27. Transnistrian ruble (unrecognized)

Currencies of states in Europe

Currencies of widely recognized states in Europe

List of all European currencies

Country	Present currency	Currency sign	ISO 4217 code	Fractional unit	Previous currency
Albania	lek[10]	L	ALL	qindarke	none
Andorra	euro[11]	€[12]	EUR	euro cent	none official[11][13]
Armenia	dram	֏	AMD	luma	ruble
Austria	euro[14]	€	EUR	euro cent	schilling[15]
Azerbaijan	manat[16]	₼	AZN	gapik	ruble[17]
Belarus	ruble[18][19]	Rbl	BYN	kopeck	old ruble[20]
Belgium	euro[21]	€	EUR	euro cent	franc[22]
Bosnia and Herzegovina	mark[23]	KM	BAM	fening	dinar[24]
Bulgaria	lev[25]	лв.	BGN	stotinka	old lev (BGL)
Croatia	euro[26]	€	EUR	euro cent	kuna[27]
Cyprus	euro[28]	€	EUR	euro cent	pound[29]
Czech Republic	koruna[30]	Kč	CZK	heller	Czechoslovak koruna[31]
Denmark	krone[32]	kr.	DKK	øre	rigsdaler[33]
Estonia	euro[34][35]	€	EUR	euro cent	kroon[36][37]
Finland	euro[38]	€	EUR	euro cent	markka[39]
France	euro[40]	€	EUR	euro cent	franc[41]
Georgia	lari[42]	₾	GEL	tetri	kuponi[43]
Germany	euro[44]	€	EUR	euro cent	mark
Greece	euro[45]	€	EUR	euro cent	drachma[46]
Hungary	forint[47]	Ft.	HUF	fillér	pengő[48]
Iceland	króna[49]	kr.	ISK	aurar	old króna[49]
Ireland	euro[50]	€	EUR	euro cent	punt[51]
Italy	euro[52]	€	EUR	euro cent	lira[53]
Latvia	euro	€	EUR	euro cent	lats[54]
Liechtenstein	franc[55][56]	CHF	CHF	rappen, also called centime, centesimo, and rap	krone[57]
Lithuania	euro[58][59]	€	EUR	euro cent	litas
Luxembourg	euro[60]	€	EUR	euro cent	franc[61]
Malta	euro[62]	€	EUR	euro cent	lira[63]
Moldova	leu[64]	L	MDL	bani	cupon[65]
Monaco	euro[66]	€	EUR	euro cent	franc
Montenegro	euro[66]	€	EUR	euro cent	dinar[67]
Netherlands	euro[68]	€	EUR	euro cent	guilder[69]
North Macedonia	denar[70]	DEN	MKD	deni	old denar[71]
Norway	krone[72]	kr.	NOK	øre	speciedaler[73]
Poland	złoty[74]	zł	PLN	grosz	old złoty
Portugal	euro[75]	€	EUR	euro cent	escudo[76]
Romania	leu[77]	lei	RON	bani	old leu[78]
Russia	ruble[79]	₽	RUB	kopeck	Soviet ruble[79]
San Marino	euro[80]	€	EUR	euro cent	lira[80]
Serbia	dinar[81]	DIN	RSD	para	Yugoslav dinar[81]
Slovakia	euro[82]	€	EUR	euro cent	koruna[82]
Slovenia	euro[83]	€	EUR	euro cent	tolar[83]
Spain	euro[84]	€	EUR	euro cent	peseta[84]
Sweden	krona[85]	kr.	SEK	öre	riksdaler[85]
Switzerland	franc[86]	CHF[86]	CHF	rappen, also called centime, centesimo, and rap	none[86]
Turkey	lira[87]	₺	TRY	kuruş	old lira[87]
Ukraine	hryvnia[88]	₴	UAH	kopeck (копійка)	karbovanets[88]
United Kingdom	sterling[89]	£	GBP	penny (pl. pence)	pre-decimal sterling[90]
Vatican City	euro[91]	€	EUR	euro cent	lira[92]

Currencies of partially recognized states in Europe

List of all unrecognized European currencies

Unrecognized country	De jure country	Present currency	Currency sign	ISO 4217 (or unofficial) code	Fractional unit	Previous currency
Abkhazia	Georgia	apsar Russian ruble (both official)	the apsar has no currency sign ₽	ABK (unofficial) RUB	the apsar has no fractional unit kopeck	Soviet ruble
Kosovo	Serbia	euro Serbian dinar (unofficial, only in Serb majority areas) Albanian lek (unofficial)	€ DIN L	EUR RSD ALL	cent Para Qindarkë	Yugoslav dinar
North Cyprus	Cyprus	Turkish lira euro (unofficial) sterling (unofficial)	₺ € £	TRY EUR GBP	kuruş cent penny	Cypriot pound
South Ossetia	Georgia	Russian ruble	₽	RUB	kopeck	Soviet ruble
Transnistria	Moldova	Transnistrian ruble	руб	PRB (unofficial)	kopeck	Soviet ruble

See also

• Europe portal
• Money portal
• Numismatics portal

• Central banks and currencies of Europe
• Currencies of the European Union
• List of currencies
• List of circulating currencies
• Capital Markets Union
• Banking Union