Let's delve into the fascinating topic of Belgium's currency. From historical perspectives to contemporary usage, exploring the intricacies of the Belgian monetary system unveils a rich tapestry of economic significance and cultural influence.
When Belgium became part of the European Union?
An EU member state since 1958, Belgium joined the Euro area in 1999 and became a part of the Schengen area in 1995.
What is the currency of Belgium?
Belgium officially implemented the euro banknotes and coins on January 1, 2002, concluding a three-year transitional phase during which the euro functioned as the official currency but only in electronic transactions. The dual circulation period, where both the Belgian franc and the euro were recognized as legal tender, concluded on February 28, 2002.
Belgium currency: symbol
The euro, used in Belgium and across the Eurozone, is denoted by the symbol €.
What other currency is there in Belgium?
No other currency.
Belgium old currency
The Belgian franc (Dutch: Belgische frank, French: Franc belge, German: Belgischer Franken) served as the official currency of the Kingdom of Belgium from 1832 until the introduction of the Euro in 2002. It was divided into 100 subunits, known as centiem in Dutch, centime in French, or Centime in German.
