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The currency used in Spain is the Euro.
The euro (plural euro—but note linguistic issues concerning the euro—symbol: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as the eurozone. Due to bilateral agreements it is the official currency of the following non-member states: Monaco, San Marino, and Vatican City. It is the de facto currency of Andorra, Kosovo and Montenegro.
The euro was introduced to world financial markets as an accounting currency in 1999 and launched as physical coins and banknotes in 2002. All EU member states are eligible to join if they comply with certain monetary requirements, and use of the euro is mandatory for all new EU members.
The euro is managed and administered by the Frankfurt-based European Central Bank (ECB) and the European System of Central Banks (ESCB) (composed of the central banks of its member states). As an independent central bank, the ECB has sole authority to set monetary policy. The ESCB participates in the printing, minting and distribution of notes and coins in all member states, and the operation of the eurozone payment systems. |
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Spain 
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