What is the subdivision of the euro? o During the transitional period up to 3 1 December 2001. the national currencies of the member states Lira, Deutsche Mark, Peseta, Franc.)will be non-decimal" subdivisions of the euro o The euro itself is divided into 100 cents McGraw-Hilylrwoin 2-17 Copyright@ 2001 by The McGraw-Hill Companies, Inc. All rightsMcGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 2-17 What is the subdivision of the euro? ⚫ During the transitional period up to 31 December 2001, the national currencies of the member states (Lira, Deutsche Mark, Peseta, Franc. . . ) will be "non-decimal" subdivisions of the euro. ⚫ The euro itself is divided into 100 cents