2 facts
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Unlike most sovereign states, Andorra does not possess its own central bank. Instead, its financial system is overseen by the Andorran Financial Authority (AFA), which supervises private banks and monetary policy within the Eurozone framework.
Despite not being a member of the European Union, Andorra officially adopted the Euro as its currency in 2002, and has been allowed to mint its own euro coins since 2014. This arrangement reflects its close economic ties with neighboring EU countries.
