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Euro (EUR) Exchange Rates on 24th December 2024 (24/12/2024)

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Exchange rates for Euro (EUR)

Updated: 2024-12-24
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR GBP GBP 0.8301 EUR to GBP 1.2047 GBP to EUR
EUR EUR BGN BGN 1.9582 EUR to BGN 0.5107 BGN to EUR
EUR EUR HRK HRK 7.4898 EUR to HRK 0.1335 HRK to EUR
EUR EUR CZK CZK 25.1045 EUR to CZK 0.0398 CZK to EUR
EUR EUR DKK DKK 7.458 EUR to DKK 0.1341 DKK to EUR
EUR EUR EEK EEK 0 EUR to EEK 0 EEK to EUR
EUR EUR HUF HUF 414.0052 EUR to HUF 0.0024 HUF to EUR
EUR EUR KZT KZT 546.0452 EUR to KZT 0.0018 KZT to EUR
EUR EUR LVL LVL 0.6316 EUR to LVL 1.5833 LVL to EUR
EUR EUR LTL LTL 0 EUR to LTL 0 LTL to EUR
EUR EUR MKD MKD 61.5683 EUR to MKD 0.0162 MKD to EUR
EUR EUR MDL MDL 19.1514 EUR to MDL 0.0522 MDL to EUR
EUR EUR NOK NOK 11.8098 EUR to NOK 0.0847 NOK to EUR
EUR EUR PLN PLN 4.2596 EUR to PLN 0.2348 PLN to EUR
EUR EUR RON RON 4.9747 EUR to RON 0.201 RON to EUR
EUR EUR RUB RUB 107.4003 EUR to RUB 0.0093 RUB to EUR
EUR EUR SKK SKK 0 EUR to SKK 0 SKK to EUR
EUR EUR SEK SEK 11.4982 EUR to SEK 0.087 SEK to EUR
EUR EUR CHF CHF 0.9326 EUR to CHF 1.0723 CHF to EUR
EUR EUR TRY TRY 36.748 EUR to TRY 0.0272 TRY to EUR
EUR EUR UAH UAH 43.6016 EUR to UAH 0.0229 UAH to EUR
Updated: 2024-12-24
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR ARS ARS 1061.9999 EUR to ARS 0.0009 ARS to EUR
EUR EUR BOB BOB 7.1849 EUR to BOB 0.1392 BOB to EUR
EUR EUR BRL BRL 6.3488 EUR to BRL 0.1575 BRL to EUR
EUR EUR CAD CAD 1.4992 EUR to CAD 0.667 CAD to EUR
EUR EUR KYD KYD 0.8665 EUR to KYD 1.1541 KYD to EUR
EUR EUR CLP CLP 1032.8459 EUR to CLP 0.001 CLP to EUR
EUR EUR COP COP 4583.9295 EUR to COP 0.0002 COP to EUR
EUR EUR CRC CRC 524.5843 EUR to CRC 0.0019 CRC to EUR
EUR EUR DOP DOP 63.3142 EUR to DOP 0.0158 DOP to EUR
EUR EUR SVC SVC 9.097 EUR to SVC 0.1099 SVC to EUR
EUR EUR FJD FJD 2.4194 EUR to FJD 0.4133 FJD to EUR
EUR EUR HNL HNL 26.3934 EUR to HNL 0.0379 HNL to EUR
EUR EUR JMD JMD 162.6777 EUR to JMD 0.0061 JMD to EUR
EUR EUR MXN MXN 20.952 EUR to MXN 0.0477 MXN to EUR
EUR EUR ANG ANG 1.8738 EUR to ANG 0.5337 ANG to EUR
EUR EUR PYG PYG 8106.6001 EUR to PYG 0.0001 PYG to EUR
EUR EUR PEN PEN 3.8717 EUR to PEN 0.2583 PEN to EUR
EUR EUR TTD TTD 7.0561 EUR to TTD 0.1417 TTD to EUR
EUR EUR USD USD 1.0441 EUR to USD 0.9578 USD to EUR
EUR EUR UYU UYU 46.3706 EUR to UYU 0.0216 UYU to EUR
EUR EUR VEF VEF 3795170.0486 EUR to VEF 0 VEF to EUR
Updated: 2024-12-24
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR AUD AUD 1.6694 EUR to AUD 0.599 AUD to EUR
EUR EUR BDT BDT 124.2473 EUR to BDT 0.008 BDT to EUR
EUR EUR BND BND 1.4121 EUR to BND 0.7082 BND to EUR
EUR EUR CNY CNY 7.6208 EUR to CNY 0.1312 CNY to EUR
EUR EUR INR INR 88.8087 EUR to INR 0.0113 INR to EUR
EUR EUR IDR IDR 16912.1046 EUR to IDR 0.0001 IDR to EUR
EUR EUR JPY JPY 163.4577 EUR to JPY 0.0061 JPY to EUR
EUR EUR MYR MYR 4.6881 EUR to MYR 0.2133 MYR to EUR
EUR EUR MVR MVR 16.0817 EUR to MVR 0.0622 MVR to EUR
EUR EUR NPR NPR 141.4309 EUR to NPR 0.0071 NPR to EUR
EUR EUR NZD NZD 1.8468 EUR to NZD 0.5415 NZD to EUR
EUR EUR PKR PKR 289.379 EUR to PKR 0.0035 PKR to EUR
EUR EUR PGK PGK 4.2163 EUR to PGK 0.2372 PGK to EUR
EUR EUR PHP PHP 61.2195 EUR to PHP 0.0163 PHP to EUR
EUR EUR SCR SCR 14.5484 EUR to SCR 0.0687 SCR to EUR
EUR EUR SGD SGD 1.4142 EUR to SGD 0.7071 SGD to EUR
EUR EUR KRW KRW 1514.346 EUR to KRW 0.0007 KRW to EUR
EUR EUR LKR LKR 305.2653 EUR to LKR 0.0033 LKR to EUR
EUR EUR TWD TWD 34.1342 EUR to TWD 0.0293 TWD to EUR
EUR EUR THB THB 35.7912 EUR to THB 0.0279 THB to EUR
Updated: 2024-12-24
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR BHD BHD 0.3923 EUR to BHD 2.549 BHD to EUR
EUR EUR EGP EGP 53.0895 EUR to EGP 0.0188 EGP to EUR
EUR EUR HKD HKD 8.1132 EUR to HKD 0.1233 HKD to EUR
EUR EUR ILS ILS 3.8028 EUR to ILS 0.263 ILS to EUR
EUR EUR JOD JOD 0.7404 EUR to JOD 1.3506 JOD to EUR
EUR EUR KWD KWD 0.3216 EUR to KWD 3.1099 KWD to EUR
EUR EUR LBP LBP 93107.3771 EUR to LBP 0 LBP to EUR
EUR EUR OMR OMR 0.4017 EUR to OMR 2.4894 OMR to EUR
EUR EUR QAR QAR 3.79 EUR to QAR 0.2639 QAR to EUR
EUR EUR SAR SAR 3.9222 EUR to SAR 0.255 SAR to EUR
EUR EUR AED AED 3.8352 EUR to AED 0.2607 AED to EUR
EUR EUR YER YER 261.4087 EUR to YER 0.0038 YER to EUR
Updated: 2024-12-24
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR DZD DZD 140.725 EUR to DZD 0.0071 DZD to EUR
EUR EUR KES KES 134.2286 EUR to KES 0.0074 KES to EUR
EUR EUR MUR MUR 49.2862 EUR to MUR 0.0203 MUR to EUR
EUR EUR MAD MAD 10.4644 EUR to MAD 0.0956 MAD to EUR
EUR EUR NAD NAD 19.142 EUR to NAD 0.0522 NAD to EUR
EUR EUR NIO NIO 38.2607 EUR to NIO 0.0261 NIO to EUR
EUR EUR NGN NGN 1614.7696 EUR to NGN 0.0006 NGN to EUR
EUR EUR SLL SLL 21893.7077 EUR to SLL 0 SLL to EUR
EUR EUR ZAR ZAR 19.1042 EUR to ZAR 0.0523 ZAR to EUR
EUR EUR TZS TZS 2521.4419 EUR to TZS 0.0004 TZS to EUR
EUR EUR TND TND 3.3128 EUR to TND 0.3019 TND to EUR
EUR EUR UGX UGX 3813.6881 EUR to UGX 0.0003 UGX to EUR
EUR EUR XOF XOF 656.2475 EUR to XOF 0.0015 XOF to EUR
EUR EUR ZMK ZMK 9397.9144 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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