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... unstableness in the markets at the time, primarily with the strongest currencies, the French franc and the German mark. This led to insecurities with other currencies, and with the common price system of the Common Agricultural Policy1 This led to the Heads of State deciding in 1969 at the Hague that a single currency was the natural end result of a single market. Not only would it reduce fluctuations and consequent problems in the CAP, it also brought a multitude of advantages that would benefit all EU citizens. One such advantage is the elimination of currency exchange costs. Consumers would not have to change money when travelling within the euro zone, and would encounter less red tape when transferring large sums of money across borders. Travellers will no longer be forced to change money and pay banks the commission charges. A consumer might wish to make one large purchase or transaction ...