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Belgium is one of the major nations which are a part of the European Union. Belgium is known for its chocolates and the versatile entertainments which one can find there. The currency of Belgium is the same as that of European Union. Each European nation has been given the right to mint their own coins and currency after the euro was brought into the official circulation. It was in the year 2002 that the Euro was brought into circulation.
About Belgium Currency
The first set of coins was made in 1999 as sample coins. These euro coins were prepared in Belgium. Therefore it is understood the euro was introduced in Belgium much before it was officially announced as the currency of Eurozone.
Belgium Currency Name
Belgium currency name is European Euro. Originally before the Euro was official launched as the currency of Belgium¸ Belgian franc was the currency of the country.
Belgium Currency ISO 4217 Code
The ISO 4217 code is issued to all the currencies across the world so that it will be easy to identify the currency anywhere in the world. The ISO 4217 code for European euro is XE. These codes are especially very useful when you are trying to exchange your money or transfer your money to other countries from Belgian.
Belgium Currency Banknotes
The denominations in which the bank notes are issued in Belgian are 500¸ €200¸ €100¸ €50¸ €20¸ €10¸ €5. The lesser denomination coins were released as many traders were not accepting notes of high value in the European countries. This led to the introduction of euro coins.
Belgium Currency Coins
The design of the Belgian euro coins has the face of King Albert II. Apart from the King Albert II there are also the 12 stars on the coins which are found on the European flag. The denominations in which euros are circulated in Belgium are €2¸ €1¸ 50c¸ 20c¸ 10c¸ 5c¸ 2c¸ and 1c
Belgium Currency Symbol
The symbol of the Belgium currency is the same of Euro. ‘€’ is the symbol of Belgium currency.
Currency Exchange Rate to other World Famous Currencies like US
The Euro is valued to be one of the highest currencies. Its exchange rate is ideally compared with the USD as USD is applicable worldwide.
1 Euro = 1.36773 USD
*the value of the exchange rate is as of February 21st 2011. The value keeps changing depending on many factors which influence exchange rates.
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