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Euro (EUR) Exchange Rates on 19th April 2024 (19/04/2024)

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Exchange rates for Euro (EUR)

Updated: 2024-04-19
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR GBP GBP 0.8566 EUR to GBP 1.1674 GBP to EUR
EUR EUR BGN BGN 1.954 EUR to BGN 0.5118 BGN to EUR
EUR EUR HRK HRK 7.531 EUR to HRK 0.1328 HRK to EUR
EUR EUR CZK CZK 25.2874 EUR to CZK 0.0395 CZK to EUR
EUR EUR DKK DKK 7.4608 EUR to DKK 0.134 DKK to EUR
EUR EUR EEK EEK 0 EUR to EEK 0 EEK to EUR
EUR EUR HUF HUF 395.7365 EUR to HUF 0.0025 HUF to EUR
EUR EUR KZT KZT 477.3173 EUR to KZT 0.0021 KZT to EUR
EUR EUR LVL LVL 0.6434 EUR to LVL 1.5542 LVL to EUR
EUR EUR LTL LTL 0 EUR to LTL 0 LTL to EUR
EUR EUR MKD MKD 61.6043 EUR to MKD 0.0162 MKD to EUR
EUR EUR MDL MDL 19.1068 EUR to MDL 0.0523 MDL to EUR
EUR EUR NOK NOK 11.7615 EUR to NOK 0.085 NOK to EUR
EUR EUR PLN PLN 4.3554 EUR to PLN 0.2296 PLN to EUR
EUR EUR RON RON 4.9771 EUR to RON 0.2009 RON to EUR
EUR EUR RUB RUB 100.1743 EUR to RUB 0.01 RUB to EUR
EUR EUR SKK SKK 0 EUR to SKK 0 SKK to EUR
EUR EUR SEK SEK 11.7003 EUR to SEK 0.0855 SEK to EUR
EUR EUR CHF CHF 0.9653 EUR to CHF 1.0359 CHF to EUR
EUR EUR TRY TRY 34.7424 EUR to TRY 0.0288 TRY to EUR
EUR EUR UAH UAH 42.3178 EUR to UAH 0.0236 UAH to EUR
Updated: 2024-04-19
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR ARS ARS 928.2194 EUR to ARS 0.0011 ARS to EUR
EUR EUR BOB BOB 7.405 EUR to BOB 0.135 BOB to EUR
EUR EUR BRL BRL 5.5787 EUR to BRL 0.1793 BRL to EUR
EUR EUR CAD CAD 1.466 EUR to CAD 0.6821 CAD to EUR
EUR EUR KYD KYD 0.8895 EUR to KYD 1.1242 KYD to EUR
EUR EUR CLP CLP 1027.7128 EUR to CLP 0.001 CLP to EUR
EUR EUR COP COP 4178.5444 EUR to COP 0.0002 COP to EUR
EUR EUR CRC CRC 534.813 EUR to CRC 0.0019 CRC to EUR
EUR EUR DOP DOP 63.0798 EUR to DOP 0.0159 DOP to EUR
EUR EUR SVC SVC 9.3394 EUR to SVC 0.1071 SVC to EUR
EUR EUR FJD FJD 2.4258 EUR to FJD 0.4122 FJD to EUR
EUR EUR HNL HNL 26.3527 EUR to HNL 0.0379 HNL to EUR
EUR EUR JMD JMD 165.8328 EUR to JMD 0.006 JMD to EUR
EUR EUR MXN MXN 18.5361 EUR to MXN 0.0539 MXN to EUR
EUR EUR ANG ANG 1.9243 EUR to ANG 0.5197 ANG to EUR
EUR EUR PYG PYG 7897.7099 EUR to PYG 0.0001 PYG to EUR
EUR EUR PEN PEN 4.0013 EUR to PEN 0.2499 PEN to EUR
EUR EUR TTD TTD 7.2447 EUR to TTD 0.138 TTD to EUR
EUR EUR USD USD 1.0637 EUR to USD 0.9401 USD to EUR
EUR EUR UYU UYU 41.3329 EUR to UYU 0.0242 UYU to EUR
EUR EUR VEF VEF 3853081.8505 EUR to VEF 0 VEF to EUR
Updated: 2024-04-19
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR AUD AUD 1.6649 EUR to AUD 0.6006 AUD to EUR
EUR EUR BDT BDT 117.1842 EUR to BDT 0.0085 BDT to EUR
EUR EUR BND BND 1.4525 EUR to BND 0.6885 BND to EUR
EUR EUR CNY CNY 7.7008 EUR to CNY 0.1299 CNY to EUR
EUR EUR INR INR 88.827 EUR to INR 0.0113 INR to EUR
EUR EUR IDR IDR 17299.4306 EUR to IDR 0.0001 IDR to EUR
EUR EUR JPY JPY 164.1105 EUR to JPY 0.0061 JPY to EUR
EUR EUR MYR MYR 5.0865 EUR to MYR 0.1966 MYR to EUR
EUR EUR MVR MVR 16.444 EUR to MVR 0.0608 MVR to EUR
EUR EUR NPR NPR 142.6639 EUR to NPR 0.007 NPR to EUR
EUR EUR NZD NZD 1.8098 EUR to NZD 0.5525 NZD to EUR
EUR EUR PKR PKR 297.3279 EUR to PKR 0.0034 PKR to EUR
EUR EUR PGK PGK 4.0563 EUR to PGK 0.2465 PGK to EUR
EUR EUR PHP PHP 61.205 EUR to PHP 0.0163 PHP to EUR
EUR EUR SCR SCR 15.252 EUR to SCR 0.0656 SCR to EUR
EUR EUR SGD SGD 1.4502 EUR to SGD 0.6896 SGD to EUR
EUR EUR KRW KRW 1472.9227 EUR to KRW 0.0007 KRW to EUR
EUR EUR LKR LKR 321.5643 EUR to LKR 0.0031 LKR to EUR
EUR EUR TWD TWD 34.5924 EUR to TWD 0.0289 TWD to EUR
EUR EUR THB THB 39.2061 EUR to THB 0.0255 THB to EUR
Updated: 2024-04-19
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR BHD BHD 0.4025 EUR to BHD 2.4848 BHD to EUR
EUR EUR EGP EGP 51.6819 EUR to EGP 0.0193 EGP to EUR
EUR EUR HKD HKD 8.3288 EUR to HKD 0.1201 HKD to EUR
EUR EUR ILS ILS 4.0351 EUR to ILS 0.2478 ILS to EUR
EUR EUR JOD JOD 0.7539 EUR to JOD 1.3264 JOD to EUR
EUR EUR KWD KWD 0.328 EUR to KWD 3.0487 KWD to EUR
EUR EUR LBP LBP 95586.8435 EUR to LBP 0 LBP to EUR
EUR EUR OMR OMR 0.4108 EUR to OMR 2.4341 OMR to EUR
EUR EUR QAR QAR 3.8723 EUR to QAR 0.2582 QAR to EUR
EUR EUR SAR SAR 3.9913 EUR to SAR 0.2505 SAR to EUR
EUR EUR AED AED 3.9077 EUR to AED 0.2559 AED to EUR
EUR EUR YER YER 266.2355 EUR to YER 0.0038 YER to EUR
Updated: 2024-04-19
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR DZD DZD 143.4395 EUR to DZD 0.007 DZD to EUR
EUR EUR KES KES 141.4686 EUR to KES 0.0071 KES to EUR
EUR EUR MUR MUR 49.8118 EUR to MUR 0.0201 MUR to EUR
EUR EUR MAD MAD 10.8147 EUR to MAD 0.0925 MAD to EUR
EUR EUR NAD NAD 20.3699 EUR to NAD 0.0491 NAD to EUR
EUR EUR NIO NIO 39.2836 EUR to NIO 0.0255 NIO to EUR
EUR EUR NGN NGN 1224.3763 EUR to NGN 0.0008 NGN to EUR
EUR EUR SLL SLL 22304.7258 EUR to SLL 0 SLL to EUR
EUR EUR ZAR ZAR 20.468 EUR to ZAR 0.0489 ZAR to EUR
EUR EUR TZS TZS 2747.4746 EUR to TZS 0.0004 TZS to EUR
EUR EUR TND TND 3.3447 EUR to TND 0.299 TND to EUR
EUR EUR UGX UGX 4066.3374 EUR to UGX 0.0002 UGX to EUR
EUR EUR XOF XOF 655.8433 EUR to XOF 0.0015 XOF to EUR
EUR EUR ZMK ZMK 9574.3725 EUR to ZMK 0.0001 ZMK to EUR

Euro (EUR)

Sign
1 euro is subdivided into 100 cents.

EUR is the currency code for the euro which is represented in accounting using the symbol €. The euro is an aggregate currency covering of the economies of the 17 countries of the eurozone, a subset of the 27 member European Union (EU). The currency itself directly impacts over 500 million people worldwide, including the 326 million population within the eurozone itself and the 175 million people that live in countries that either use the euro directly or live in countries where their local currency is pegged to the euro.

Coins used:
1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Banknotes used:
€5, €10, €20, €50, €100, €200, €500

Central Bank
European Central Bank
http://www.ecb.europa.eu/
The 17 nations known as the eurozone consists of the following: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Beyond the borders of the eurozone the euro is also used as the currency within the seven Institutions of the European Union.

By pre-established agreement all but two countries within the EU will eventually adopt the euro automatically placing them within the eurozone. Countries, territories, and micro states that are not within the EU and yet use the euro directly are Montenegro, Kosovo, Andorra, San Marino, Monaco, Vatican City, Saint Pierre, Mayotte. Dhekelia, and Akrotiri. Countries such as Cuba, Syria, North Korea, and to a limited extent Zimbabwe. Each of these countries and others are increasingly using the euro as their preferred currency for trade.

Currently, the euro is the second most traded currency in the world, being involved in nearly 20% of all currency pair trades, trailing the United States Dollar at nearly 43%, double that of the Japanese Yen at 9.5%, and more than the sum total of all trades using the next 8 most traded currencies. This reliance upon and mainstreaming of the euro is steadily increasing primarily at the market share expense of the United States dollar.

While the economic impact of a currency is directly related to the overall money supply which includes both physical banknotes and coins in circulation along with other factors. The euro has surpassed the United States dollar when looking at actual value of physical currency in circulation. While this calculation is not oftentimes included in the evaluation of the economics behind a currency, having crossed this milestone in acceptance and use demonstrates the importance and presence of the euro worldwide.

The current GDP of the eurozone is 14.6% of worldwide GDP, in comparison to the United States which accounts for 19.7% of worldwide GDP. Once the entire EU is incorporated into the eurozone its GDP will surpass that of the United States and reach 21% of worldwide GDP. This large share of worldwide GDP and the theoretical benefits of a single currency representing a single block of eurozone countries was a primary driver for the initial formulation and adoption of the euro. The efficiencies, pricing parity, and transaction uniformity benefits actually achieved are currently being studied as the euro matures, finds increased acceptance, and has had a full decade in use.

Monetary policy affecting the eurozone is handled by the European Central Bank (ECB) through the Eurosystem, a collective of the ECB and the central bank from each eurozone member state, with the ECB formulating policy and each member central bank implementing that policy in their respective countries. The eurozone itself has political representation in the Economic and Financial Affairs Council (EcoFin), an economic and monetary policy body within the Council of the European Union, through an organization made up of each member state's finance minister, known as the Euro Group. The Euro Group has expanded its scope in response to the global financial and credit crisis that began 2007-2008 and now includes each eurozone member's head of state.

The efficiencies and desirability of the current trend of worldwide expansion and use of the euro is the subject of debate amongst economists. While it is currently the second largest reserve currency in the world, the trend, prior to the economic crisis that began in 2007, was that the euro would equal if not surpass the importance of the US dollar. As of 2012 this acceleration of acceptance and use of the euro has tapered and the precise future of the Euro in its current form is now under review. According to Jack straw, a former British foreign secretary, the euro cannot retain its current form. This insight has come to light and has been supported in the worldwide credit and sovereign debt crisis, which has its roots in the recession and worldwide credit bubble collapse that began in 2007. This being the first major test of the euro, a relatively young currency having only been established in 2002.

The euro is unique and not like any other currency in the world as it is a single currency that is an aggregation and representation of the economies within 17 sovereign nations. These sovereign nations, who have subjected their economic and monetary policy sovereignty to a single entity, the European Central Bank (ECB). While the ECB and the currency itself functions as a single unit covering all of the nations as an aggregate called the eurozone, the disparity in the underlying economies and economic and fiscal decisions within each sovereign government affects the whole. For example, all sovereign eurozone member states were to adhere to specific economic and fiscal guidelines, yet even Germany and France who together represent 48% of GDP for the eurozone in 1998 had not adhered to the guidelines for several consecutive years.

As of 2012 the eurozone has no penalties nor enforcement provision to require member states to adhere to the original treaty nor procedural criteria for removal of a state from the eurozone. This lack of control over sovereign nations and the willingness of these nations to subject themselves further to eurozone rules and guidelines, with there resulting political impact on the leaders of each country, has yet to be seen. The long term and crisis tested political willingness to subject local sovereign state policy to that of the eurozone as a whole is further complicated given the ECB's primary mandate being to maintain low inflation without regard to economic growth and job creation. This is in juxtaposition to the United States central bank, the Federal Reserve which has a combined mandate of low inflation, employment, and sustained growth. This is not to say that the euro will ever fully disintegrate, but that its administration, underlying treaties, and ECB control will likely significantly change as the euro evolves.

Other References
Wikipedia article on Euro
Traveling to Europe and Converting Dollars To Euros
Encyclopedia page about Euro

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