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Portugal uses the euro as its standard currency. A total of 13 European nations use euro notes and coins, which have a European graphic on one side and a national image on the other side. All 13 countries accept any form of the euro, regardless of where it originates.
On January 1, 1999, eleven European countries have replaced their national currencies and introduced a single European currency, the euro. Today (December 2001) the euro is the official currency in 12 countries.Bills and coins of the national currencies will remain in circulation as subdenominations of the euro until January 1, 2002, when they will be exchanged against new euro coins and bills.he 15-nation European Parliament agreed that Germany, France, Italy, Spain, the Netherlands, Belgium, Austria, Portugal, Finland, Ireland and Luxembourg will switch to the newly-created currency called the euro on January 1, 1999. Britain, Sweden, and Denmark have decided not to participate.