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The Euro Trivia Quiz

This quiz was created from some research I did for my term-paper on the European Union and the European Monetary Union. The Euro was first circulated on January 1, 2002.

A multiple-choice quiz by ladymacb29. Estimated time: 3 mins.

Author
ladymacb29

Time
3 mins

Type
Multiple Choice

Quiz #
4,506

Updated
Dec 03 21

# Qns
5

Difficulty
Average

Avg Score
3 / 5

Plays
3765

One at a Time - Single Page - Timed Game

Question 1 of 5

1. Which of the following countries was NOT a member of the European Monetary Union when the Euro began circulating? Hint

United Kingdom

Germany

France

Italy

NEXT>

Question 2 of 5

2. What is the symbol for the euro? Hint

capital 'E'

lower-case 'e' with a straight vertical line

capital 'E' (rounded) with 2 strokes through the middle

lower-case 'e'

NEXT>

Question 3 of 5

3. What country was the first to produce euro coins? Hint

United Kingdom

France

Denmark

Germany

NEXT>

Question 4 of 5

4. In the final 'locking in' of monetary rates, how many Deutschmarks equals one euro? Hint

40.3399

1.95583

2.5340

30298.5938

NEXT>

Question 5 of 5

5. Which two countries were not part of the ERM system which links EU currencies when the currency was first circulated? Hint

Germany and Denmark

UK and Italy

UK and Sweden

France and Germany

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Quiz Answer Key and Fun Facts

1. Which of the following countries was NOT a member of the European Monetary Union when the Euro began circulating?

Answer: United Kingdom

The UK did not like the idea of giving up some of its sovereignty to the EU.

2. What is the symbol for the euro?

Answer: capital 'E' (rounded) with 2 strokes through the middle

I'm guessing the 'e' is for 'Europe'.

3. What country was the first to produce euro coins?

Answer: France

The French are among Europe's biggest users of notes and coins - four of every five transactions at the dawn of the 21st century were settled in cash.

4. In the final 'locking in' of monetary rates, how many Deutschmarks equals one euro?

Answer: 1.95583

This means that the exchange rate between DM and Euros will not change. And for those wondering about what a Euro is worth, in the summer of 2002 one Euro was worth about 99.97 cents of US currency.

5. Which two countries were not part of the ERM system which links EU currencies when the currency was first circulated?

Answer: UK and Sweden

Sweden didn't want to have to hold their money constant to the Euro's value.

Source: Author ladymacb29

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