Will more countries join the Eurozone?

Will more countries join the Eurozone?

Eight countries are part of the European Union but are not part of the Euro area: Bulgaria, Croatia, Czechia, Denmark. Hungary, Poland, Romania and Sweden. Denmark has negotiated an opt-out from the Euro. The other countries have committed to joining the euro area as and when they meet the conditions for entry to the euro area.

One of the entry conditions for a country to join the euro area is to participate in the second version of the European Exchange Rate Mechanism (ERM-II) for two years before joining the Euro. This requires the country to pass the ERM-II legislation. As a result, countries can decide not to approve ERM-II laws and thereby not meet the entry conditions for the euro area.

There is no deadline for the remaining EU countries to join the euro area. Some countries, such as Poland and the Czech Republic, have made it clear that they don’t plan to join anytime soon. Other countries, including Bulgaria, Croatia and Romania, are expected to join the Eurozone in the near future. We look at this in more detail in what follows.

Foreign Coin Exchange FAQs

Foreign Coin Exchange FAQs

Leftover Currency converts foreign coins, old banknotes and obsolete currencies to cash, quickly and easily.

Leftover Currency,
Unit 1 Portland Business Centre,
Manor House Lane,
Datchet SL3 9EG,
United Kingdom

Legal tender coins explained

Legal tender coins explained

The rules around the legal tender status of coins in the UK are set out in the Coinage Act 1971 and the Currency Act 1983. In England, Scotland, Wales and Northern Ireland, all coins minted by the Royal Mint and authorised by Royal Proclamation are legal tender.

The following coins are legal tender in the UK:

Currency Converters – Do they add up?

Currency Converters – Do they add up?

When choosing a currency calculator, make sure that the purpose of your query fits the purpose of the calculator. If you want to know a mid-market exchange rate, don’t use a currency calculator on a travel money website or one on a money transfer website.

Ask yourself what you want to use the currency converter for. If you want to trade currency on the foreign exchange market, you’ll need to consider using a paid-for currency rates service with real-time information without delays.

Rock star money: These bands issued their own banknotes

Rock star money: These bands issued their own banknotes

15,000 of these rock star money bills were rained down on the Foo Fighters fans during the concert, launched from confetti cannons. From a distance the banknotes resemble $100 dollar bills. Upon closer inspection one can spot a number of interesting modifications. These include: