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Euro (EUR) Exchange Rates on 21st November 2024 (21/11/2024)

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Exchange rates for Euro (EUR)

Updated: 2024-11-21
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR GBP GBP 0.8338 EUR to GBP 1.1994 GBP to EUR
EUR EUR BGN BGN 1.9559 EUR to BGN 0.5113 BGN to EUR
EUR EUR HRK HRK 7.5266 EUR to HRK 0.1329 HRK to EUR
EUR EUR CZK CZK 25.292 EUR to CZK 0.0395 CZK to EUR
EUR EUR DKK DKK 7.459 EUR to DKK 0.1341 DKK to EUR
EUR EUR EEK EEK 0 EUR to EEK 0 EEK to EUR
EUR EUR HUF HUF 409.8038 EUR to HUF 0.0024 HUF to EUR
EUR EUR KZT KZT 524.5864 EUR to KZT 0.0019 KZT to EUR
EUR EUR LVL LVL 0.6382 EUR to LVL 1.5668 LVL to EUR
EUR EUR LTL LTL 0 EUR to LTL 0 LTL to EUR
EUR EUR MKD MKD 61.5183 EUR to MKD 0.0163 MKD to EUR
EUR EUR MDL MDL 19.2192 EUR to MDL 0.052 MDL to EUR
EUR EUR NOK NOK 11.6579 EUR to NOK 0.0858 NOK to EUR
EUR EUR PLN PLN 4.3359 EUR to PLN 0.2306 PLN to EUR
EUR EUR RON RON 4.9771 EUR to RON 0.2009 RON to EUR
EUR EUR RUB RUB 106.0501 EUR to RUB 0.0094 RUB to EUR
EUR EUR SKK SKK 0 EUR to SKK 0 SKK to EUR
EUR EUR SEK SEK 11.6196 EUR to SEK 0.0861 SEK to EUR
EUR EUR CHF CHF 0.9315 EUR to CHF 1.0735 CHF to EUR
EUR EUR TRY TRY 36.3929 EUR to TRY 0.0275 TRY to EUR
EUR EUR UAH UAH 43.5446 EUR to UAH 0.023 UAH to EUR
Updated: 2024-11-21
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR ARS ARS 1058.0328 EUR to ARS 0.0009 ARS to EUR
EUR EUR BOB BOB 7.3129 EUR to BOB 0.1367 BOB to EUR
EUR EUR BRL BRL 6.0949 EUR to BRL 0.1641 BRL to EUR
EUR EUR CAD CAD 1.4735 EUR to CAD 0.6786 CAD to EUR
EUR EUR KYD KYD 0.8801 EUR to KYD 1.1363 KYD to EUR
EUR EUR CLP CLP 1027.5109 EUR to CLP 0.001 CLP to EUR
EUR EUR COP COP 4639.003 EUR to COP 0.0002 COP to EUR
EUR EUR CRC CRC 536.2749 EUR to CRC 0.0019 CRC to EUR
EUR EUR DOP DOP 63.6926 EUR to DOP 0.0157 DOP to EUR
EUR EUR SVC SVC 9.2399 EUR to SVC 0.1082 SVC to EUR
EUR EUR FJD FJD 2.3943 EUR to FJD 0.4177 FJD to EUR
EUR EUR HNL HNL 26.6857 EUR to HNL 0.0375 HNL to EUR
EUR EUR JMD JMD 167.3866 EUR to JMD 0.006 JMD to EUR
EUR EUR MXN MXN 21.4157 EUR to MXN 0.0467 MXN to EUR
EUR EUR ANG ANG 1.9032 EUR to ANG 0.5254 ANG to EUR
EUR EUR PYG PYG 8270.2933 EUR to PYG 0.0001 PYG to EUR
EUR EUR PEN PEN 4.0075 EUR to PEN 0.2495 PEN to EUR
EUR EUR TTD TTD 7.1498 EUR to TTD 0.1399 TTD to EUR
EUR EUR USD USD 1.0551 EUR to USD 0.9477 USD to EUR
EUR EUR UYU UYU 45.1438 EUR to UYU 0.0222 UYU to EUR
EUR EUR VEF VEF 3833123.7496 EUR to VEF 0 VEF to EUR
Updated: 2024-11-21
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR AUD AUD 1.6195 EUR to AUD 0.6175 AUD to EUR
EUR EUR BDT BDT 126.1965 EUR to BDT 0.0079 BDT to EUR
EUR EUR BND BND 1.4182 EUR to BND 0.7051 BND to EUR
EUR EUR CNY CNY 7.6417 EUR to CNY 0.1309 CNY to EUR
EUR EUR INR INR 89.0882 EUR to INR 0.0112 INR to EUR
EUR EUR IDR IDR 16817.4694 EUR to IDR 0.0001 IDR to EUR
EUR EUR JPY JPY 163.631 EUR to JPY 0.0061 JPY to EUR
EUR EUR MYR MYR 4.7117 EUR to MYR 0.2122 MYR to EUR
EUR EUR MVR MVR 16.3126 EUR to MVR 0.0613 MVR to EUR
EUR EUR NPR NPR 142.5401 EUR to NPR 0.007 NPR to EUR
EUR EUR NZD NZD 1.7949 EUR to NZD 0.5571 NZD to EUR
EUR EUR PKR PKR 293.5672 EUR to PKR 0.0034 PKR to EUR
EUR EUR PGK PGK 4.2512 EUR to PGK 0.2352 PGK to EUR
EUR EUR PHP PHP 62.1987 EUR to PHP 0.0161 PHP to EUR
EUR EUR SCR SCR 14.3724 EUR to SCR 0.0696 SCR to EUR
EUR EUR SGD SGD 1.4165 EUR to SGD 0.706 SGD to EUR
EUR EUR KRW KRW 1474.8782 EUR to KRW 0.0007 KRW to EUR
EUR EUR LKR LKR 307.2421 EUR to LKR 0.0033 LKR to EUR
EUR EUR TWD TWD 34.3816 EUR to TWD 0.0291 TWD to EUR
EUR EUR THB THB 36.5937 EUR to THB 0.0273 THB to EUR
Updated: 2024-11-21
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR BHD BHD 0.3977 EUR to BHD 2.5144 BHD to EUR
EUR EUR EGP EGP 52.4711 EUR to EGP 0.0191 EGP to EUR
EUR EUR HKD HKD 8.2118 EUR to HKD 0.1218 HKD to EUR
EUR EUR ILS ILS 3.9433 EUR to ILS 0.2536 ILS to EUR
EUR EUR JOD JOD 0.7482 EUR to JOD 1.3365 JOD to EUR
EUR EUR KWD KWD 0.3245 EUR to KWD 3.0819 KWD to EUR
EUR EUR LBP LBP 94575.6222 EUR to LBP 0 LBP to EUR
EUR EUR OMR OMR 0.4062 EUR to OMR 2.4616 OMR to EUR
EUR EUR QAR QAR 3.8509 EUR to QAR 0.2597 QAR to EUR
EUR EUR SAR SAR 3.9617 EUR to SAR 0.2524 SAR to EUR
EUR EUR AED AED 3.8755 EUR to AED 0.258 AED to EUR
EUR EUR YER YER 263.7037 EUR to YER 0.0038 YER to EUR
Updated: 2024-11-21
Convert from Convert to 1 EUR Conversion in currency Conversion
EUR EUR DZD DZD 141.0404 EUR to DZD 0.0071 DZD to EUR
EUR EUR KES KES 136.7521 EUR to KES 0.0073 KES to EUR
EUR EUR MUR MUR 49.053 EUR to MUR 0.0204 MUR to EUR
EUR EUR MAD MAD 10.5496 EUR to MAD 0.0948 MAD to EUR
EUR EUR NAD NAD 19.1538 EUR to NAD 0.0522 NAD to EUR
EUR EUR NIO NIO 38.8601 EUR to NIO 0.0257 NIO to EUR
EUR EUR NGN NGN 1773.2546 EUR to NGN 0.0006 NGN to EUR
EUR EUR SLL SLL 22125.6063 EUR to SLL 0 SLL to EUR
EUR EUR ZAR ZAR 19.1137 EUR to ZAR 0.0523 ZAR to EUR
EUR EUR TZS TZS 2798.6011 EUR to TZS 0.0004 TZS to EUR
EUR EUR TND TND 3.3333 EUR to TND 0.3 TND to EUR
EUR EUR UGX UGX 3897.0537 EUR to UGX 0.0003 UGX to EUR
EUR EUR XOF XOF 656.2961 EUR to XOF 0.0015 XOF to EUR
EUR EUR ZMK ZMK 9497.4773 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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