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Euro area (Eurozone) currency : Euro (EUR) : Euro currency sign (symbol): € / c. Euro Currency code: EUR. Euro area country code: EU. 1 euro = 100 cents, 1€ = 100c. The countries of Euro area use the euro (€) as their sole legal tender and Euro is the official currency of 19 of the 27 member states of the European Union . Euro area is a monetary union of 19 of the 28 European Union (EU) member states. Euro nicknames: Fiber, Eυρώ (Greek), Eiro (Latvian), Евро (Bulgarian), Euró (Hungarian), Ewro (Maltese), Evro (Slovene), Euras (Lithuanian). Euro area (eurozone) central bank is European Central Bank (ECB) and the headquarters are in Frankfurt, Germany. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar.