The European Economic Union (EEU) adopted a single currency, the “euro” on January 1, 1999. Such a development has far‐reaching implications for development of information systems, the engines that will have to run and control the new monetary order. For example, euro‐compliant systems will need to accommodate: (1) six decimal places, a major change for those companies in countries that did not require decimal places (e.g., Belgium and Italy), or even those that require only two, (2) “triangulation” between currencies rather than classic inversion, (3) multiple currencies for each transaction, and (4) differences between invoice amounts and amounts actually paid, since there can be rounding differences on conversions with triangulation. These changes are just the surface requirements for the euro currency change. Because the euro problem is very new, few companies have begun, let alone completed making, their euro systems changes. As a result, limited research is available regarding the euro. The purpose of this article is to help fill this void by examining the principal issues of the euro's impact on information systems and to identify research opportunities related to the euro problem.

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