The Euro Is Just Another Currency....Or Is It? Asks Alan Hicks


LONDON--The start of the new Millennium will mean most people will not get to bed until well after midnight of December 31, 1999. Exactly one year before then, a certain group of people will be WORKING into the small hours as they endeavour to convert 11 European currencies into the euro at exchange rates to be announced in the afternoon of December 31, 1998. This group will consist of the back office staff of virtually every bank that deals in foreign exchange.

However, as the next trading day

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: