5 euro note founded on 1 January 1999, when it became the currency of over 300 million people in Europe. For the first three years of its existence it was an invisible currency, only used in accountancy. Euro cash was not introduced until 1 January 2002, when it replaced the national banknotes and coins of the countries in eurozone 12, such as the Irish pound and the Austrian schilling. Slovenia joined the Eurozone in 2007, Cyprus and Malta in 2008, Slovakia in 2009, Estonia in 2011 and Latvia on 1 January 2014. The changeover period during which the former currencies' notes and coins
Language and the euro European currency. Of other national Slavic languages using the Cyrillic alphabet, Macedonian, Russian and Serbian also use the spelling евро. Ukrainian uses євро and Belarusian uses еўра/эўра. In Catalan the official plural is the same as its regular plural "euros". The standard pronunciation of "euro" is . For the cent, the word "cèntim" (, plural "cèntims") is used, since historically this term has been used as the hundredth part of a currency unit. The fraction of the peseta was also called "cèntim", but it was withdrawn from circulation decades ago. In the Cornish language, euro is written "ewro" (like "Ewrop"