On 1 January of which year did Slovakia officially replace the Slovak koruna (SKK) and adopt the euro (€) as its legal tender?
Answer and explanation
Correct answer: C. 2009
- Step 1: Slovakia became the 16th member of the eurozone on 1 January 2009, with a conversion rate of 30.1260 SKK per 1 EUR. Answer: 2009. Why not the others: 2004 was the EU accession year, 2007 was Schengen accession, and 2012 was during the European sovereign debt crisis.
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