Minting History of the euro

euro pocket calculators sold or offered in many countries.

meanwhile, parallel task educate european public new coins. posters issued showing designs, used on items ranging playing cards t-shirts. final step, on 15 december 2001, banks began exchanging euro starter kits , plastic pouches selection of new coins in each country (generally, between 10 , 20 euros worth—though finland s contained 1 of each coin, totalling €3.88). not usable in commerce until 1 january, when notes made available well. larger starter kits, containing roll of each denomination, available in nations.

retailers , government agencies had considerable task well. items sold public, dual pricing commonly utilised. postage stamps governments (as stamps issued united nations postal administration un offices in vienna) bore denominations both in legacy currency , euros, assuring continued utility beyond 2001. banks bore huge task, not in preparation change of notes , coins, in office. beginning in 1999, deposits , loans technically in euros, deposits , withdrawals continued in legacy currency. statements bear balances in both currencies beginning no later 1 july 2001, , earlier if required customer s needs.

beginning on 1 december 2001, coins , notes distributed secure storage, first large retailers, , smaller ones. expected there massive problems on , after 1 january. such changeover, across twelve populous countries, had never been attempted before.