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In which year was the new currency, the euro, introduced?

  • A.1996
  • B.1999
  • C.1998
  • D.1997

Answer: B

Correct answer: 1999

The euro came into existence on 1 January 1999 as an accounting currency: exchange rates were irrevocably fixed and it was used for electronic transfers and bank balances. Notes and coins did not appear until 1 January 2002.

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