Saturday, September 18, 2021

Money & Shopping in Andorra

EuropeAndorraMoney & Shopping in Andorra

Andorra’s currency is the euro. It is one of many European nations that utilize the Euro. All euro banknotes and coins are legal tender across the EU.

One euro is made up of 100 cents.

The euro’s official sign is €, and its ISO code is EUR. The cent does not have an official symbol.

  • Banknotes: Euro banknotes are designed the same way in all nations.
  • Normal coins: Every eurozone country issues coins with a unique national design on one side and a standard common design on the other. Coins, regardless of design, may be used in any eurozone nation (e.g. a one-euro coin from Finland can be used in Portugal).
  • Commemorative two euro coins: These vary from regular two-euro coins solely on their “national” side and are freely circulated as legal currency. Each nation may make a specific number as part of their regular coin manufacturing, and “European-wide” two euro coins are sometimes minted to mark exceptional occasions (e.g. the anniversary of important treaties).
  • Other commemorative coins: Commemorative coins of larger denominations (e.g., ten euros or more) are considerably uncommon, feature completely unique designs, and often contain significant quantities of gold, silver, or platinum. While they are legally legal currency at face value, their material or collector value is typically considerably greater, and as a result, they are unlikely to be in real circulation.

Because of the country’s reputation as a “tax haven,” Andorra La Vella is an excellent place to purchase all sorts of inexpensive products.