What does euroization mean?

Definitions for euroization
eu·roiza·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word euroization.


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Wiktionary

  1. euroizationnoun

    The process of a country adopting the euro as its primary currency or to link its currency to the euro.

Wikipedia

  1. euroization

    The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to the pre-euro currencies, such as in Monaco. Four small states have been given a formal right to use the euro, and to mint their own coins, but all other usage outside the eurozone (the EU states who have adopted the euro) has been unofficial. With or without an agreement, these countries, unlike those in the eurozone, do not participate in the European Central Bank or the Eurogroup. Its international usage has also grown as a trading currency, acting as an economic or political alternative to using the United States dollar. Its increasing usage in this sense has led to its becoming the only significant challenger to the U.S. dollar as the world's main reserve currency.

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Numerology

  1. Chaldean Numerology

    The numerical value of euroization in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of euroization in Pythagorean Numerology is: 9

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"euroization." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/euroization>.

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