Click on a label to read posts from that part of the world.
Remembering Europe before the Euro
American travelers often complain about the current money situation in Europe. With the Dollar/Euro exchange rate sitting around $1.40/1, along with inconvenient credit card PIN requirements, making a purchase in many European countries is downright inconvenient. But there was a time it was far more complicated - namely any date before 2002, when Europe's common currency, the Euro, was first introduced.My first taste of European travel came in the waning years of Deutsche Marks, Guilders and Pesetas. Every time you moved to a new country, you had to exchange your money for a new currency. For a young backpacker like me experiencing several countries for the first time, it was a confusing and expensive proposition, particularly when you were in transit among several of them at once. Traveling from The Netherlands via Belgium to France? Best not try to buy something in Brussels: that would require you to exchange money. And forget about keeping the notes, coins and exchange rates straight - each brightly colored pink note and strangely bearded head of state was a new lesson in geography, history and politics and quickly calculated math.
Europe has grown up since then. Today, I can use the same money for a pizza in Rome as I do to buy a sweater in Dublin. But despite the simplicity of the Euro, I still find myself pining for those days before the single currency began its monetary dominance. Maybe it's no more than the naivete of youth - a simpler time in my life when those first exotic breaths of foreign culture and the feel of strange currencies in my palm suggested all the possibilities of travel and adventure.
Is travel easier in Europe now? Yes, absolutely. But with that ease of use, a distinct piece of national identity also disappeared along with it. Our globalized world marches on.
Gallery: Top 10 European islands
[Photo by Flickr user viZZZual.com]
Filed under: History, Europe, Belgium, France, Germany, Netherlands, Spain












Reader Comments (Page 1 of 1)
pariseurope Mar 1st 2011 4:36PM
Can you tell me exactly what kind "piece of national identity" a currency gives to a country? Foods, cultural habits ok (which have not disappeared, instead, they circulate better thanks to the EU)... but coins and bills, you've really got to be ultra-nationalistic to give a damn... a european who lives in a eu country and is born in another
Jeremy Kressmann Mar 1st 2011 2:00PM
pariseurope, most of the old currency had images of the country's national symbols and important figures on it. Wouldn't you consider that to be a piece of national identity considering the citizens were using it every day?
Perhaps its different because you live there, but at least from a traveler's perspective, that money was emblematic of my experiences visiting those countries.
Maybe that's the key. For people who live there, they could care less. For those who are visiting, currency is a unique cultural reference point.
pariseurope Mar 1st 2011 4:58PM
It still does, in fact, because if you look at the Euro coins, they're different for each country (not the bills). The baselines and symbols of each country are still here, if people want to get interested in them. Anyway, thousands of years of history in Europe are more powerful than figures on coins, these are just tools for economy, it doesn't change the substance. As far as I remember, they have the USD in Ecuador, and I don't think it would have made much difference if they had their own currency-
I just hope britons get it someday so I don't have to pay fees when I go to London anymore- :)
Rachel Mar 2nd 2011 1:19PM
Just to make a quick comment...
Ecuador does use the USD, but they still have their own version of coins.
Sonja Mar 1st 2011 1:41PM
I kinda' miss the old currencies as well. They did add to the individuality of each country somehow.
clau2002 Mar 3rd 2011 6:52AM
I would rather think is the nostalgia of a time when your average shoeshine boy from Brooklyn with a couple of Benjamins(100$ bills) in his pocket could feel like a milionaire in Italy for a few days!Am I right?...or am I right.