Vatican City has used the euro (EUR) since 2002, under a monetary agreement with the European Union, replacing the Vatican lira (identical to the Italian lira). Vatican euro coins are issued in limited series and are highly prized by collectors. The word “lira” came from the Latin “libra,” a unit of weight.
1 euro is divided into 100 cents. The term “cent” comes from the Latin “centum,” meaning “hundredth.”