Andorra lacked a currency of its own and used both the French franc and the Spanish peseta in banking transactions until 31 December 1999Introduced in 1936, the Spanish peseta was one of the two official currencies circulating in AndorraThe French franc was used as the official currency in Andorra since its introduction in the early 20th centuryAndorra has a monetary agreement with the EU allowing it to make the euro its official currency, and permitting it to issue euro coins from 1 July 2013Coins and notes of both the franc and the peseta remained legal tender in Andorra until 31 December 2002.
Andorra negotiated to issue its own euro coins, beginning in 2014.