What is the currency of the European Union?

The currency of the European Union is the Euro. Introduced in 1999 and entering circulation in 2002, the Euro serves as the official currency for 19 of the 27 EU member states, collectively known as the Eurozone. This uniform currency is crucial for fostering economic stability and integration among member countries, facilitating easier trade and travel by eliminating the need for currency exchange within the Eurozone.

The other currencies listed do not represent the Eurozone. The Pound Sterling is the currency of the United Kingdom, the Dollar is primarily associated with the United States, and the Franc refers to several currencies from different countries, notably the Swiss Franc and the former French Franc. Thus, only the Euro aligns with the currency used by the majority of European Union member states.