Virtual currency MIP
according to the exchange rate on January 6, 2020, 1 euro is converted to 7.7714 RMB. 1500 euro to 11657.1 yuan
currency conversion between countries is realized through exchange rate. The role of exchange rate is an important basis for business and trade between countries
since 1991, EU countries began to realize the policy of unified currency, and in July 2002, Euro became the only legal currency in the euro area, which not only enhanced their own economic strength and competitiveness, but also reced internal contradictions and prevented and resolved possible financial risks. It has played a great role in the development of economy
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euro is the most significant result of European monetary reform since the Roman Empire. The euro not only makes the European single market perfect and the free trade among euro zone countries more convenient, but also is an important part of the process of EU integration
although Monaco, San Marino and the Vatican are not EU countries, they also use the euro because they used the French franc or Italian lira as their currency, and they are authorized to mint a small amount of their own euro coins. Some non EU countries and regions, such as Montenegro, Kosovo and Andorra, also use the euro as a payment tool