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The Euro originated in the 1991 Maastricht Treaty, in which the 12 original member countries of the European Community (now the European Union) created an economic and monetary union and a corresponding common unit of exchange.The new currency, the Euro, was officially issued on January 1, 1999.
A geometrical portrait of His Royal Highness Grand Duke Henri facing righty from the left with the lettering "LËTZEBUERG" to the right of the date with the twelve stars of Europe in the outer ring
Script: Latin
Lettering:
2002
LËTZEBUERG
GC
Translation:
2002
Luxembourg
GC
A map, next to the face value, shows the gathering of the fifteen states of the European Union
Script: Latin
Lettering: 1 EURO LL
Alternating segments: three smooth, three finely ribbed