May 13, 2023 5:55 AM

Andorra, a small principality located between Spain and France, has a unique currency history. Historically, the official currency used in Andorra was the Spanish peseta and the French franc due to its close economic ties with both countries. However, in 2002, Andorra entered into a monetary agreement with the European Union (EU) and adopted the euro as its official currency.

As a result, Andorra does not have its own independent paper note currency. Instead, it uses euro banknotes issued by the European Central Bank (ECB) and the national central banks of the Eurozone countries. These banknotes have consistent designs and denominations across the Eurozone and are legal tender in Andorra.

The euro banknotes come in denominations of 5, 10, 20, 50, 100, 200, and 500 euros. They feature a range of architectural styles from various periods in European history on the obverse side, while the reverse side depicts bridges and other structures symbolizing European integration.

It is important to note that although Andorra uses the euro as its official currency, it is not a member of the European Union. Andorra has a special agreement with the EU that allows it to use the euro and participate in the EU's customs territory without being a full member state.