Could you elaborate on the lowest value coin currently circulating in the Eurozone? I'm curious to understand the denomination and its significance within the European monetary system. Is it a widely used coin in daily transactions, or does it serve a more specific purpose? Additionally, has there been any discussion or proposals to phase out this coin in the future, given the rise of digital payments and other monetary trends? I'm interested in hearing your insights on this matter.
7 answers
Silvia
Mon Jun 24 2024
However, the obverse side of each coin varies according to the issuing country.
GyeongjuGrace
Mon Jun 24 2024
The 1 euro cent coin represents the lowest denomination in the Eurozone.
Elena
Mon Jun 24 2024
Following it in value are the 2 and 5 euro cent coins.
Giulia
Mon Jun 24 2024
All euro coins share a standardized reverse design.
Martino
Sun Jun 23 2024
This 1 euro cent coin has been in circulation since 2002.