Federal law (5 U.S.C. 6103) establishes the public holidays listed in these pages for Federal employees. Please note that most Federal employees work on a Monday through Friday schedule.
The name euro was officially adopted on 16 December 1995. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743).he share of the euro as a reserve currency has increased from 18% in 1999 to 27% in 2008. Over this period the share of the U.S. dollar fell from 71% to 64% and the Yen fell from 6.4% to 3.3%.
Status: Euro-area member since 1 January 1999. Fixed conversion rate : â¬1 = 1.95583 DEM. Adoption of the euro: The euro banknotes and coins were introduced in Germany on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as 'book money'.tatus: Euro-area member since 1 January 1999. Fixed conversion rate : â¬1 = 1.95583 DEM. Adoption of the euro: The euro banknotes and coins were introduced in Germany on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as 'book money'.