[00:02.95]Unit 10 Money Culcure Corner

[00:07.32]The Euro-the Second Biggest

[00:09.44]Currency in the World

[00:11.62]On 1st January 2002,

[00:13.94]twelve European countries started

[00:15.74]using the new Euro as their official currency.

[00:19.44]The Euro soon became the second

[00:21.44]biggest currency in the world.

[00:24.15]Introducing the Euro was not a simple matter.

[00:26.97]There were many things to consider.

[00:28.88]One problem was the design of

[00:30.55]the coins and notes.

[00:32.10]Usually, a currency is associated

[00:34.05]with one country only so it's easier

[00:36.84]to find images and symbols to put on the coins

[00:39.49]and notes.However, for the Euro,

[00:41.82]twelve different countries were involved,

[00:44.11]and each country was as keen as the other

[00:46.83]to be represented.

[00:47.77]The notes were designed by Robert Kalina

[00:50.60]of Austria and he developed an interesting

[00:53.17]solution to the problem.

[00:54.94]His designs show seven different periods

[00:57.26]in European architecture.

[00:59.17]However, instead of showing real,

[01:01.20]existing structures,

[01:02.56]he used photographs to make up imaginary

[01:05.38]structures that best represented

[01:07.75]the different architectureal styles.

[01:10.33]The fronts of the notes show windows

[01:12.07]or gates while the backs show bridges.

[01:13.76]