![]() ![]() This information on this page is strictly informative in nature and does not give users any rights. Currency calculator uses cross rates to deliver foreign currencies. These exchange rates are available in electronic format from March 1994 in the form of downloadable files. Currency converter based on daily exchange rates in Euro (EUR) and US Dollar (USD). For each currency, the converter provides the historic rates of conversion against the euro (or, until December 1998, against the ecu). InforEuro provides rates for current and old currencies for countries both inside and outside the European Union. The rates indicated are the market rates for the second to last day of the previous month as quoted by the European Central Bank or, depending on availability, provided by the delegations or other appropriate sources close to that date. The converter also allows general users to get monthly currency conversion rates, from the current month back to 1994. at the request of the European Commission. These rates are used to calculate amounts for the reimbursement of expenses, travel or subsistence costs for external people participating in meetings, interviews etc. dollar, the euro, the British pound and the Japanese yen.This static currency converter provides the European Commission’s official monthly accounting rate for the euro and the conversion rates as established by the Accounting Officer of the European Commission in line with article 19 of the Financial Regulation. For decades, the most important base currencies of the world have been the U.S. On the currency market, there is a larger trade volume than on the credit or the stock market. Thus, there are worldwide more than 160 official currencies that can be traded on the currency market at constantly changing exchange rates. Today, almost every country has its own currency, with the exception of countries with a common currency (such as the Eurozone) or countries that have adopted a foreign currency (such as the euro in Kosovo). Minting of coins from precious metals was developed about 2500 years ago in ancient Greece paper money has existed for about 1000 years. 0 EUR 1 United States dollar 0 Euro, 1 Euro 0 United States dollar. In the beginning, different items were used as currency, including metals, pearls, shells or agricultural products. Currency Converter Quickly and easily calculate foreign exchange rates with this free currency converter. ![]() The functions that a currency took on (means of payment, value storage, unit of value) were essential to the development of an efficient economy with division of labor. Currency Converter 1 USD 0.9275 EUR last updated March 22, 06:42:09 AM PDT -0.0008 (-0.09) 1 USD 0.9275 EUR -0.09 From USD - United States Dollar 1.00 To EUR - Europe. (read more)Ĭurrencies have existed for several millennia they arose primarily as a replacement for the ineffective barter trade. The Currency Converter uses the European Central Bank foreign exchange rates to calculate the conversion of any amount of one currency into the equivalent amount of another currency. ![]() You won’t receive this rate when sending money. Here, the currency calculator shows the opening and closing rate as well as the lowest and highest rates for the respective date. Xe Currency Converter Check live foreign currency exchange rates Convert Send Charts Alerts Amount 1.00 From USD US Dollar To EUR Euro We use the mid-market rate for our Converter. ![]() The result provided by the currency calculator is displayed in a clearly arranged table. This way, the Markets Insider currency calculator allows you to search for historical exchange rates. Additionally, you can also choose whether to calculate the result based on the current exchange rate or the exchange rate on a certain date. Once you select the base and target currencies from the list and enter the desired amount into the provided field, the currency calculator immediately gives you the result. In total, there are about 160 different currencies available on the currency calculator. With the currency calculator, you can quickly and easily convert amounts between any currencies. Do you deal in shares in different currencies? Do you like to travel? Do you like to shop on foreign online shops? The currency calculator of Markets Insider is the ideal tool for you. ![]()
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