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2 cent euro coin (€0.02) is the second lowest domination of the euro coins
Euro coins

There are eight coins of the euro, ranging in value from one cent to two euros . The coins first came into use in 2002. The coins have a common Obverse and reverse, portraying a map of Europe, but each country in the Eurozone has its own design on the Obverse and reverse which means that each coin has a variety of different designs in circ...
.

coins are made of a steel
Steel

Steel is an alloy consisting mostly of iron, with a carbon content between 0.2% and 2.14% by weight , depending on grade. Carbon is the most cost-effective alloying material for iron, but various other alloying elements are used such as manganese, chromium, vanadium, and tungsten....
 core plated with copper
Copper

Copper is a chemical element with the symbol Cu and atomic number 29.It is a ductile metal with very high thermal and electrical conductivity....
. They have a diameter
Diameter

In geometry, a diameter of a circle is any straight line segment that passes through the center of the circle and whose endpoints are on the circle....
 of 18.75 mm, a 1.67 mm thickness and a mass of 3.06 grams. They incorporate a distinctive groove running circumferentially around the edge of the coin; this groove can be felt easily by running the finger tip or a fingernail across the edge of the coin.






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2 cent euro coin (€0.02) is the second lowest domination of the euro coins
Euro coins

There are eight coins of the euro, ranging in value from one cent to two euros . The coins first came into use in 2002. The coins have a common Obverse and reverse, portraying a map of Europe, but each country in the Eurozone has its own design on the Obverse and reverse which means that each coin has a variety of different designs in circ...
.

Design

Eurocent Edges (2,10,20)
The coins are made of a steel
Steel

Steel is an alloy consisting mostly of iron, with a carbon content between 0.2% and 2.14% by weight , depending on grade. Carbon is the most cost-effective alloying material for iron, but various other alloying elements are used such as manganese, chromium, vanadium, and tungsten....
 core plated with copper
Copper

Copper is a chemical element with the symbol Cu and atomic number 29.It is a ductile metal with very high thermal and electrical conductivity....
. They have a diameter
Diameter

In geometry, a diameter of a circle is any straight line segment that passes through the center of the circle and whose endpoints are on the circle....
 of 18.75 mm, a 1.67 mm thickness and a mass of 3.06 grams. They incorporate a distinctive groove running circumferentially around the edge of the coin; this groove can be felt easily by running the finger tip or a fingernail across the edge of the coin. All coins have a common obverse side and country-specific national reverse.

The present common design displays "Europe's place in the world", bordered by North Africa, the Middle East and Asia. The fifteen European Union member states at the time the coin was designed are highlighted, but this was not considered prominent enough to warrant a change in design when the non-copper coins were redesigned in 2007 to reflect the post-2004 enlargements. This side also shows a large figure 2 and the words "euro cent", twelve stars are also displayed in two groups along the edge.

Although there are no plans to get rid of the two cent coin, the Commission and some member states have proposed that its national side be standardised across the eurozone to reduce the cost of its production.

There is some scope for confusion with the US penny
Cent (United States coin)

The United States one-cent coin is a unit of currency equaling one one-hundredth of a United States dollar. Its symbol is: ?. Its obverse and reverse has featured the profile of President of the United States Abraham Lincoln since 1909, the century of his birth....
, which is similar in appearance to the two euro-cent coin.

Usage

Finnish
Finland

Finland , officially the Republic of Finland , is a Nordic countries situated in the Fennoscandian region of northern Europe. It borders Sweden on the west, Russia on the east, and Norway on the north, while Estonia lies to its south across the Gulf of Finland....
 and Dutch
Netherlands

The Netherlands is a country that is part of the Kingdom of the Netherlands. It is a parliamentary democratic constitutional monarchy. The Netherlands is located in North-West Europe, and bordered by the North Sea to the north and west, Belgium to the south, and Germany to the east....
 businesses and banks employ a method known as "Swedish rounding
Swedish rounding

Swedish rounding is a method by which the total monetary cost of a purchase is rounded to the closest Units of measurement of physical currency....
" when tallying sums, with the smallest unit being taken as 5 cents. Due in large part to the inefficiency of producing and accepting the 1c and 2c coins, Finland has opted to remove these coins from general circulation in order to offset the cost involved in accepting them. The 1c and 2c coins are legal tender and are still minted for collector sets as required by the European Monetary Union
Economic and Monetary Union of the European Union

In economics, a monetary union is a situation where several countries have agreed to share a single currency amongst themselves. The European Economic and Monetary Union consists of three stages coordinating economic policy and culminating with the adoption of the euro, the EU's single currency....
 (EMU) agreement.

While individual prices are still shown and summed up with €0.01 precision, the total sum is then rounded to the nearest €0.05. Sums ending in €0.01, €0.02, €0.06 and €0.07 are rounded down to the nearest 5 cents; sums ending in €0.03, €0.04, €0.08 and €0.09 are rounded up to the nearest 5c.

A survey in 2004 found that a majority of citizens would like the one and two cent coins to be withdrawn across the eurozone. Citizens in Germany
Germany

Germany , officially the Federal Republic of Germany , is a country in Central Europe. It is bordered to the north by the North Sea, Denmark, and the Baltic Sea; to the east by Poland and the Czech Republic; to the south by Austria and Switzerland; and to the west by France, Luxembourg, Belgium, and the Netherlands....
 though were vocal in the support of the coin. At present, the three copper coins together represent 80% of all new coins minted in the eurozone.

National sides


Former designs

Designs still in circulation but no longer minted:

Planned designs

Planned designs to come into circulation once the members who designed them adopt the euro. The dates shown below are tentative and have not been confirmed. They have been mentioned in the media and several other sources, but are subject to change.

See Enlargement of the eurozone
Enlargement of the eurozone

Enlargement of the eurozone is at present a continuing process within the European Union . All Member States of the European Union, except for Denmark and the United Kingdom , are obliged to adopt the euro as their sole currency when they meet the criteria....
 for more details of the schedule for these and other countries.

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