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Quiz about Do You Know The Euro
Quiz about Do You Know The Euro

Do You Know The Euro? Trivia Quiz


How Well Do You Know the Euro? The Euro first appeared in the pockets of 300 million Europeans in January 2002. How well do you know this currency? The questions are very diverse and should challenge your knowledge about it. Enjoy !

A multiple-choice quiz by Marla_Singer. Estimated time: 5 mins.
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Author
Marla_Singer
Time
5 mins
Type
Multiple Choice
Quiz #
164,600
Updated
Jul 03 24
# Qns
20
Difficulty
Tough
Avg Score
10 / 20
Plays
1281
- -
Question 1 of 20
1. Where is the European Central Bank located? Hint


Question 2 of 20
2. Which of these countries wasn't part of the euro zone in 2004? Hint


Question 3 of 20
3. Until 2018, what was the highest denomination of a euro banknote? Hint


Question 4 of 20
4. According to a report on 7 January 2004, Tony Blair declared his goal was to see Britain joining the euro zone. By which year? Hint


Question 5 of 20
5. How many countries shared the euro currency once rates between former national currencies had been fixed in 1999? Hint


Question 6 of 20
6. Which member of the euro zone used the "Schilling" before the appearance of the single currency? Hint


Question 7 of 20
7. Which country doesn't use 1-cent and 2-cent coins? Hint


Question 8 of 20
8. In 2004, who was the governor of the European Central Bank (ECB)? Hint


Question 9 of 20
9. There's no crowned sovereign on the euro coins coming from which of these countries? Hint


Question 10 of 20
10. Until 2002, which country had the oldest currency in Europe? Hint


Question 11 of 20
11. What is the colour of 20 euros banknotes? Hint


Question 12 of 20
12. The oak leaf is a symbol we can see on single currency coins coming from which country? Hint


Question 13 of 20
13. What had been the lowest value of the euro to the US dollar? Hint


Question 14 of 20
14. On the coins of which country can we see "Europa" represented in the shape of a woman? Hint


Question 15 of 20
15. On the euro coins of which country can one see a harp? Hint


Question 16 of 20
16. In which country did people have to buy purses when the euro arrived because they had almost ceased to use coins? Hint


Question 17 of 20
17. Which banknote pictures the Renaissance architectural era? Hint


Question 18 of 20
18. Which country decided in September 2003 *not* to join the euro till 2013 at the earliest? Hint


Question 19 of 20
19. All euro banknotes have a different colour. Which colour is NO longer being issued? Hint


Question 20 of 20
20. There is a 1 euro coin with the head of the Pope on it.



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quiz
Quiz Answer Key and Fun Facts
1. Where is the European Central Bank located?

Answer: Frankfurt, Germany

The European Central Bank building is actually located in "Mainhattan", the German bank district where we can find many of the tallest skyscrapers in Europe such as the Commerzbank or the Messe-Turm.
2. Which of these countries wasn't part of the euro zone in 2004?

Answer: Denmark

Denmark had voted "no" in a referendum on the Treaty of Maastricht in 1992. It's been a choice of the population since the country meets all the criteria needed to join the single currency. A new referendum may be planned, however no date was known in January 2004.
3. Until 2018, what was the highest denomination of a euro banknote?

Answer: 500 euros

The highest denomination of a euro banknotes was fixed at the rather high level of 500 euros because it had been customary in many European countries to use a lot of cash. Germany had had DM 1,000 banknotes, which is about the same value of 500 euros. That banknote is purple and pictures the modern European architecture era.

However, the European Central Bank announced on 4 May 2016 that it would phase out the 500 euro note by the end of 2018.
4. According to a report on 7 January 2004, Tony Blair declared his goal was to see Britain joining the euro zone. By which year?

Answer: 2007

According to a report on January 7th, 2004 in the "Independent", Tony Blair set a target of 2007 to take Britain into the euro, and wants the government to agree to a public pledge to secure membership by that date.
5. How many countries shared the euro currency once rates between former national currencies had been fixed in 1999?

Answer: 11

Three of the 15 countries said "no" to the euro currency (the United Kingdom, Denmark, Sweden) and one didn't succeed in meeting the Maastricht stability criteria: Greece. In 2000, Greece finally joined the single currency, two years before new banknotes and coins were issued all over the continent. Between 1999 and the introduction of the euro coins and banknotes in 2002, the "national currencies" of the eleven (later twelve) countries in the eurozone were locked in absolutely fixed exchange rates.

In effect, the "national currencies" were the euro denominated in different terms.
6. Which member of the euro zone used the "Schilling" before the appearance of the single currency?

Answer: Austria

The UK used shillings before the pound became decimal in 1971, however, it's currently not part of the EMU (2004). The Netherlands' currency was the guilder and the Irish currency were the Irish punt.
7. Which country doesn't use 1-cent and 2-cent coins?

Answer: Finland

Finland decided to not use 1 and 2-cent coins because such low coins weren't used any more with the former currency, the Finnish Mark. However, they've issued such coins in a very small series and their value could reach euro 10 on the numismatic market.
8. In 2004, who was the governor of the European Central Bank (ECB)?

Answer: Jean-Claude Trichet

Alan Greenspan is the governor of the Federal Reserve Bank (US). Wim Duisenberg was the governor of the ECB from 1999 till the end of 2003. Edmund Stoiber was the candidate of the CDU in September 2002 German elections.
9. There's no crowned sovereign on the euro coins coming from which of these countries?

Answer: Portugal

There's no crowned sovereign on Portuguese coins simply because there's no monarchy in that country.
10. Until 2002, which country had the oldest currency in Europe?

Answer: Greece

The Greek drachma dated back to ancient Greece and was used throughout Alexander the Great's empire. The original drachma was a silver coin, the equivalent of a handful of arrows. However, it didn't enjoy a continuous existence from ancient to modern times.

It was re-adopted as the national currency after Greek independence in the first half of the 19th century. In 2002, Greece adopted the Euro.
11. What is the colour of 20 euros banknotes?

Answer: Blue

The 20 euros banknote is blue. It features gothic architecture, with stained glass windows on one side and a stone medieval bridge on the other.
12. The oak leaf is a symbol we can see on single currency coins coming from which country?

Answer: Germany

1 and 2-euro German coins picture an eagle, 10, 20 and 50-cent coins picture the Brandenburg Gate, and 1, 2 and 5-cent coins picture the oak leaf. (The oak leaf has been traditionally regarded as a German national symbol and used to feature on the one mark and the ten pfennig coins).
13. What had been the lowest value of the euro to the US dollar?

Answer: $0.85

On the June 7th, 2001, the value of the euro against the dollar hit $0.8466 (approximately $0.85). However, the value of the euro has fluctuated a lot, rising to above $1.28 in January 2004.
14. On the coins of which country can we see "Europa" represented in the shape of a woman?

Answer: Greece

This 2-euro Greek coin depicts a scene from a mosaic in Sparta (third century AD), showing Europa being abducted by Zeus, who has taken the form of a bull. Europa is a figure from Greek mythology after which Europe was named.
15. On the euro coins of which country can one see a harp?

Answer: Republic of Ireland

All Irish coins show the Celtic harp, a traditional symbol of Ireland, decorated with the year of issue and the word "Eire" - the Irish word for Ireland. The harp shown was designed by Jarlath Hayes.
16. In which country did people have to buy purses when the euro arrived because they had almost ceased to use coins?

Answer: Italy

The lowest value of lira banknote was L1,000, which corresponds to 0.50 euro. Since there are 1 and 2-euro coins today, many Italians offered a purse to each other as a Christmas gift in December 2001.
17. Which banknote pictures the Renaissance architectural era?

Answer: 50 euros

The 10-euro note pictures the Romanesque period, the 20-euro represents the Gothic era and the 100-euro represents Baroque and Roccoco architecture.
18. Which country decided in September 2003 *not* to join the euro till 2013 at the earliest?

Answer: Sweden

In the Swedish 2003 referendum, 56% of voters rejected the euro and only 42% supported it. That referendum occured shortly after Anna Lindh, the Foreign Affairs minister, had just been murdered.
19. All euro banknotes have a different colour. Which colour is NO longer being issued?

Answer: Purple

The 5-euro note is grey, the 10 is red, the 20 is blue, the 50 is orange, the 100 is green, the 200 is yellow and the 500 is purple, which is no longer issued.
20. There is a 1 euro coin with the head of the Pope on it.

Answer: True

The Holy See issued its own euro coins just like Monaco and San Marino. However, collectors took most of them and it's very hard to find any of them in circulation today, even in those areas.
Source: Author Marla_Singer

This quiz was reviewed by FunTrivia editor bloomsby before going online.
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