Recently many European countries made the switch to the Euro meaning that they used a single currency. Thirteen countries did this in total, those thirteen comprising of:

For tourists travelling into Europe this made life much simpler. Knowing the Euro exchange rates would mean that you could understand the value of your currency quickly and easily in any of these countries. At the same time it would mean that you wouldn’t have to carry lots of different currencies on you when travelling between European countries but instead could just have the one currency and use it across all these different territories.

Still though it is important to know the Euro exchange rates so that you can have the correct money for the country you are visiting and so you know roughly what you are spending in your own cash when abroad (it’s otherwise easy to spend too much as it doesn’t feel like ‘real’ money unless you convert it in your head). If you are travelling between countries that use the Euro and those that do not meanwhile then you might want to change your money as you travel and in this case knowing the Euro exchange rates can help you to figure how much you are going to get for your Zloty or pounds. At the same time it can be interesting to know the Euro exchange rates across all the countries as it paints a picture of the success of the Euro and where it stands compared to other currencies.

However any guide to Euro exchange rates is going to be changeable as the values of currencies are changing constantly – sometimes drastically. At the same time values like ’1.29382′ are not going to be of any use when trying to calculate how much something is ‘really worth’ in a European market unless you’re rain man (and even if you remembered these values for each country they would change by the time you came to use them). Here then we will look at the rough exchange rates as they stand so that you can quickly refer to them when needs be or get a basic picture of the currency’s value.

(Please keep in mind that these rates are changing every minute and these example should only be used to get a basic idea of the exchange rate)

1 Euro equals…

1.30 American Dollars

5.35 Argentine Peso

1.31 Australian Dollars

2.20 Brazillian Reals

0.80 British Pounds

1.30 Canadian Dollars

645 Chilean Pesos

8.60 Chinese Yuan

2,411 Colombian Peso

7.40 Croation Kuna

7.44 Danish Krone

10 Hong Kong Dollars

277 Hungarian Forint

154 Icelandic Krona

59 Indian Rupee

4.60 Israeli New Shekei

108 Japanese Yen

2.50 Libyan Dinar

3.99 Malaysian Ringgit

15.80 Mexican Pesos

1.70 New Zealand Dollars

7.70 Norwegian Kroner

.50 Omani Rial

111.15 Pakistan Rupees

4.72 Qatar Rial

4.25 Romanian Leu

40 Russian Ruble

4.87 Saudi Riyal

1.68 Signapore Dollars

9 South African Rand

1462 South Korean Won

144 Sri Lanka Rupees

8.87 Swedish Krona

1.25 Swiss Francs

37.87 Taiwan Dollars

40 Thai Baht

8.30 Trinidad/Tobago Dollars

5.60 Venezuelan Bolivar

Posted under Europe

“The euro isn’t just a currency. It is the symbol of European integration after the continent’s centuries of bloody battles. No government wants to…destroy the symbol.” – Felix Zulauf

Posted under Europe

European currencies is a topic that has changed a lot in the last decade or so thanks to the European integration and the introduction of the Euro. The Euro is a European currency introduced by the EU in a bid to facilitate the free trade of goods and tourism between European countries. Sixteen of the twenty seven EU member states currently use the Euro while the others have chosen to continue using their own European currencies.

For travelling to those countries that do use the Euro, and particularly for travelling between them, this makes like much easier when visiting Europe as it means that you are able to move between countries without having to get your currencies changed multiple times or without having to take and organise various different European currencies with you on your travels. This is also more cost effective as it can be quite expensive to change currencies depending on where you get them changed. The Euro then aimed to provide a single European currency for multiple countries and this has been a point of controversy with many successes and set backs. There is strength in numbers but at the same time a struggling economy in one country can now have repercussions elsewhere.

The Euro symbol interestingly was chosen to resemble the Greek epsilon as an homage to a country that is often considered the ‘cradle’ of Western civilisation. The countries currently using the Euro are Austria, Belgium, Finland, French, Germany, Ireland, Italy, Luxemberg, Portugal, Spain, the Vatican, Greece, Slovenia, Cyprus, Malta, the Netherlands, San Marino, and Slovakia.

As this does not cover all European countries then, or even all EU member states, it is important still to check the European currency before you travel to a European country. In Poland the currency is still the Zlot for instance, while in England it is still the pound. As when travelling abroad anywhere it is important to check the exchange rate and there are many websites where you can do this. At the same time you should also decide on what you think will make the best way to keep your European currencies – in cash, as travellers’ cheques, or another form. If you want to keep your European currencies as cash then you should look at getting your currencies as soon as possible to ensure you’re not left travelling to another country with no way of spending money. With travellers’ cheques you don’t need to worry about your money getting lost as no one else can use it, but on the other hand you also will need to find a place to get your cheques changed from time to time which can sometimes be inconvenient. Possibly the best solution, particularly when you will need multiple European currencies, is to take out an account with an international bank – this way you will be able to use your account in any European country and withdraw money with no charge and with no need to carry lots of cash around with you. Regardless, European currencies are something you always need to take into account (very bad pun unintended) when travelling to Europe and particularly when travelling across Europe.

Posted under Europe