Do you want to know how many dollars is 1 euro? Do you want to know how to convert euro to dollars? Do you want to learn something about dollars and euros? Or maybe a little about their history? All these things you can find in this article so keep reading!
We told you something about these two units yet in our previous articles but in this article we want to focus on specific number of euro. This article is dedicated to how many dollars to one euro. Let’s start!
How many dollars in one euro
A quick reminder of dollar and euro before we move on to how many dollars for one euro. Both of them are currencies, this is obvious. So what is the difference?
US dollar is used in the United States and its territories. US dollar is there an official currency since 1792. In that year in the United States was passed the Coinage Act.
Do you know that dollar is not always the same? There are so many kinds of dollars which are used worldwide. More than 20 currencies are named dollars!
A few examples of dollars which are different from US dollar. For instance, in Canada is used Canadian dollar. Dollar is used also in Hong Kong. Its name is Hong Kong dollar. In Jamaica the currency is Jamaican dollar. In turn, in Australia is used Australian dollar.
On the other hand, euro is used in most of European Union countries. It is the official currency of 19 of 27 members. Euro is used, for instance, in Germany, Austria, France or Spain.
The euro is used at world financial markets since 1 January 1999. Euro replaced European Currency Unit (in abbreviated form ECU).
In which EU countries is used other currency than euro? For instance, in Czech Republic is used Czech koruna and in Hungary is used Forint.
Euro is used also in Kosovo and Montenegro, although these countries are not members of European Union.
We told you a little about these two currencies, their history and usage so we can move on to explain how many dollars in 1 euro.
How many dollars are in a euro
This part of article will be more practical. What do you need to know how many dollars is 1 euro ? Of course, it is an exchange rate.
At the moment, it looks as follows:
So now you know how many dollars per euro. We want to emphasize that an exchange rate is changing. We use an accurate exchange rate at the moment of writing this article. When you are reading this article, an exchange rate can be totally different!
So if you want to know how many dollars are in a euro check an exchange rate again. Then you will get certain answer to this question.
How many dollars for 1 euro
If you need to know how many dollars is 1 euro, you do not have to calculate anything. Just check euro to dollar exchange rate and that’s it.
If you want to calculate how many dollars in more than 1 euro, you need a formula. We gave it down below using an exchange rate current at the moment. Please check an exchange rate before you use our formula and change the rate if it is needed.
Number of euro * 1.09 = the result in US dollars
How many dollars equal one euro
We hope that after reading this article you know how many dollars to the euro and know how to check an exchange rate to get an accurate result. You know also a formula to calculate euro into dollars. With this formula you can convert any number of euro to dollar.
After this whole article about how many dollars equal a euro, we have a little tidbit for you. Do you want to know what it is? You can read it down below.
Do you know how many dollars in the world ? There was 1.84 trillion US dollars in circulation as at 8 April 2020! You just admit that it is a huge amount.