The European Union has created a currency of its own.

The European Union created the Euro in 1999 as a way of creating an economically unified Europe and promoting economic stability across the region. The Euro is the currency of all EU members barring a few exceptions and is currently used by 316 million people. The Euro replaced the national currencies of a number of the EU members’ which have all since moved over to the new currency completely. The Euro is managed by the European Central Bank and it is used to communicate financial policy and stability throughout the Eurozone. The Euro is a key way in which the European Union has sought to further its goal of a truly integrated continent.