The Euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. Euro coins and banknotes entered into circulation on January 1, 2002 and became the day-to-day currency of most countries in the European Union.
Included in this set are five pre-Euro banknotes; the Austrian 20 shillings, the French 20 francs, the German 5 marks, the Italian 1000 lire and the Spanish 1000 pesetas. This set comes with a Certificate of Authenticity and billfold.