Andorra and the Euro

Andorra signed a Monetary Agreement with the European Union on 30 June 2011. As a result, Andorra can use the euro as its official currency and issue its own euro coins. The country did not have an official currency prior to adopting the euro, and unlike its two larger neighbours, France and Spain, which surround it, it is not a member of the EU. However it de facto used the EU's euro (the currency of the Eurozone states) as it had historically used the French franc and Spanish peseta. When those two currencies were replaced by the euro in 2002, the euro replaced the franc and peseta as the sole circulating currency in Andorra.

In 2014, Andorra issued 70.000 collector euro sets that includes all the circulating euro coins of the country, produced in Spain and France. During the first year, country striked a total of 271.600 out of a planned 2,4 million coins.

All the coins feature the 12 stars of the European flag. The €2 coin shows the coat of arms of Andorra with the motto 'Virtus Unita Fortior' (virtue united is stronger). Edge-lettering of the €2 coin: 2 **, repeated six times.