23 countries and 4 micro states using € in daily life which count approximately about 360 million people. Official Eurozone members are 21 while 2 countries and 4 micro states adopted it despite not being official Eurozone members. Source:https://en.m.wikipedia.org/wiki/Eurozone
19 countries have currencies which pegged to € with the majority being in Africa, while there are also some in Europe and French oversees territories in pacific (e.g New Caledonia, French Polunesia etc.) with total population of about 224 million people
Also 36 countries + 5 micro states in European continent are part of S€PA (Single Euro Payment Area) which is a payment integration initiative of the European Union for simplification of bank transfers denominated in euros.Source:https://en.m.wikipedia.org/wiki/Single_Euro_Payments_Area
This area includes countries which count of about 550 million people.
That means that one way or another European common currency affect about 760 million worldwide. Also, as of today € is by far the second biggest reserve currency in the world with about 21%, below only US$.
4)ICELAND. The country soon will have a referendum for joining EU with the population being according to recent polls in favour for this while political will exist too. Source: https://www.politico.eu/article/iceland-support-eu-accession-talks-foreign-minister-ursula-von-der-leyen-us-greenland-defense-nato/. There are thoughts in Iceland to adopt € because Icelandic currency is very vulnerable and weak in global changes and the banking system fragile. But in this hypothesis will need plenty of years to be accomplished this plan.
In theory also Poland and Sweden according to their signed accession treaty they will adopt € somewhere in the future but not serious political and population will exist yet.
xsoulfoodx on
Such a joke DK won’t need to join Eurozone and other countries just postponing
Abbreviations_Royal on
Had no idea so many countries currencies was pegged to the euro…
4 commenti
23 countries and 4 micro states using € in daily life which count approximately about 360 million people. Official Eurozone members are 21 while 2 countries and 4 micro states adopted it despite not being official Eurozone members. Source:https://en.m.wikipedia.org/wiki/Eurozone
19 countries have currencies which pegged to € with the majority being in Africa, while there are also some in Europe and French oversees territories in pacific (e.g New Caledonia, French Polunesia etc.) with total population of about 224 million people
Also 36 countries + 5 micro states in European continent are part of S€PA (Single Euro Payment Area) which is a payment integration initiative of the European Union for simplification of bank transfers denominated in euros.Source:https://en.m.wikipedia.org/wiki/Single_Euro_Payments_Area
This area includes countries which count of about 550 million people.
That means that one way or another European common currency affect about 760 million worldwide. Also, as of today € is by far the second biggest reserve currency in the world with about 21%, below only US$.
Possible changes in the near future:
1)UKRAINE. The country announced their intention to peg their currency hrvynia to € soon and also there are intensions of the country to join S€PA too. Source: https://babel.ua/en/amp/news/117801-ukraine-is-considering-pegging-the-hryvnia-to-the-euro-instead-of-the-dollar
2)ROMANIA. There are talks about Romania joining ERM II (Eurozone waiting room) and final adopt the common currency. There is no specific date for this yet but the country has started making some moves for this. Source: https://fakti.bg/en/world/990995-romania-will-be-ready-to-print-euro-banknotes-by-the-end-of-the-year including reducing the big deficits. Source: https://www.romania-insider.com/fitch-romania-rating-august-2025?amp
3)HUNGARY. Hungarian opposition leader (who according to polls gonna be the winner in the upcoming elections in a couple of months) express the will for his country to started accession to enter Eurozone. Source: https://index.hu/gazdasag/2024/12/02/magyar-peter-tisza-part-bloomberg-interju-gazdasag/ Also according to latest Eurobarometer about 75% of the population support euro adoption as Hungarian forint losing value continuously recent years. At the same time many Hungarian economists and bankers call for Euro adoption as the country’s economic unpredictability continues. Source: https://www.bloomberg.com/news/articles/2025-07-17/hungary-s-biggest-bank-ceo-calls-for-euro-adoption-and-predictability?embedded-checkout=true
4)ICELAND. The country soon will have a referendum for joining EU with the population being according to recent polls in favour for this while political will exist too. Source: https://www.politico.eu/article/iceland-support-eu-accession-talks-foreign-minister-ursula-von-der-leyen-us-greenland-defense-nato/. There are thoughts in Iceland to adopt € because Icelandic currency is very vulnerable and weak in global changes and the banking system fragile. But in this hypothesis will need plenty of years to be accomplished this plan.
5)CZECHIA. There are some parties that push for Euro adoption such as STAN, TOP09 and in smaller scale pirates. (Source: https://www.novinky.cz/clanek/volby-do-poslanecke-snemovny-euro-v-roce-2029-ci-2030-top-09-a-stan-vytahly-stejne-tema-40522767). Also the majority of people in businesses are in favour for Euro adoption too. (Source: https://www.expats.cz/czech-news/article/time-for-a-change-why-more-companies-in-czechia-want-the-euro). But still there is no majority in population that want euro adoption and the political will is not clear despite the president call for Eurozone accession repeatedly.
In theory also Poland and Sweden according to their signed accession treaty they will adopt € somewhere in the future but not serious political and population will exist yet.
Such a joke DK won’t need to join Eurozone and other countries just postponing
Had no idea so many countries currencies was pegged to the euro…
Eli5 what pegged to € means?