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What is the difference between Euro and Dollar?

Asked by K. Parker, Last updated: May 19, 2020

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Charlie Rogers

Management is the key to success

Charlie Rogers, Manager, Bachelor of Management Studies (BMS), Lexington, Kentucky

Answered May 19, 2020

Euro and dollar are two of the most valuable currencies in the world. The Euro currency is spent in 17 countries out of the 27 eurozone, that is, the countries individually the European Union. Some of these countries where the euro is also recognized are Spain, Malta, Germany, Belgium, Portugal, Ireland, Austria, and more.

Some other countries where the euro is spent, but which are not under the European Union include the Vatican, Kosovo, and etc. The dollar currency, on the other hand, is spent majorly in the United States and its territories. Some other countries that make use of dollars are Australia, Hong Kong, Belize, Canada, New Zealand, and many more.

The two currencies are divisible by a hundred cents. The coins and bills of the currencies are also different in sizes, colors, and shapes. The symbol for the euro is €, while the symbol used in representing the dollar is $. The value of the two currencies fluctuates actually, but the value of the euro currency has always rated above a dollar.

 

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