The 2 euro cent coin (€0.02) has a value of one fiftieth of a euro and is composed of copper-plated steel. All euro coins have a common reverse and country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as were the higher-value coins.
The 1 euro cent coin (€0.01) has a value of one hundredth of a euro and is composed of copper-covered steel. It is the lowest-value coin in the Eurozone; the next lowest are the 2 and 5 euro cent coins. All euro coins have a common reverse and a country-specific (national) obverse. The coin has been used since 2002 and was not redesigned in 2007 as was the case with the higher-value coins.