The main currency in Italy is the Euro (EUR). Italy adopted the Euro in 2002, replacing its previous currency, the Italian Lira (ITL). The transition to the Euro was part of the European Union's efforts to create a single market and facilitate trade among member countries. The Euro is used by 19 of the 27 EU member states, making it one of the most significant currencies in the world. Coin designs in Italy feature symbols of Italian heritage, emphasizing the country's rich cultural history.