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Currency Converter

Convert your money into foreign currency with our unique Currency Converter based on today’s exchange rates.

Our Currency Converter

This currency Converter automatically updates rates once a day with accurate international exchange rates. Currency Converter converts one currency to any other currencies, which means that you can calculate the values of one currency with any other currency with additional features such as reverse conversion, copying the result, etc.

For example, if you are going to convert the major currency pair of euro to the US dollar. Here EUR is the base currency and USD is the quote currency, and if the exchange rate of EUR/USD is 1.2715. This means that we have to pay 1.2715 USD to buy 1 Euro, because we always buy the base currency in any currency pair. On the other hand, if the USD/INR exchange rate is 75.50, it means that we have to pay 75.50 Indian rupees to buy one US dollar.

When buying any foreign currency, two prices are usually specified: the buying rate and the selling rate. Which is known as bid and ask. Buying foreign currency from an exchange broker or any Bank involves a sell price (ask) that is usually higher than the buy price (bid), because like all traders, currency brokers sell high and buy low.

History of Exchange Rates

Currency exchange started with barter. Barter was associated with direct trade in goods and services. Barter is the process of trading services or goods between two parties without using money in a transaction. In a barter system, people exchange their goods or services for the goods or services they need. Although some aspects of this transaction are similar to an exchange of money.

Currency Converter

However, there were problems with the barter system, when people did not do what the other person could offer, and barter took time as people forged the terms of the deal. To solve this problem, the commodity monetary system was invented. Using basic items that everyone used daily as currency.


EUR to USD Exchange Rate History

The EUR / USD exchange rate began when the euro was first issued in January 1999. Euro opened at 1.1795 against the dollar, although the EUR / USD exchange rate subsequently fell sharply. When the new currency began to circulate in Europe in 2002, the pair had an exchange rate of only 0.8907.

The increasing popularity of the combined euro currency led to a gradual increase in the exchange rate of the euro against the United States dollar pair and returned to the psychological level of 1.0000 parity in November 2002. The EUR / USD pair continued to move higher and eventually reached an all-time high of 1.6037 in July 2008.

EURUSD has traded extensively in the downside range of its June 2010 low of 1.1875 since its peak, as Greece’s sovereign debt crisis has exacerbated concerns about a possible breakup of the Eurozone. While the pair has recovered considerable territory, concerns about the debt burden of less affluent European countries continue to affect interest rates.



Beware of bad exchange rates. Banks and traditional suppliers often have additional costs, called commission, that they pass on to you by noting their exchange rate, which may differ from the International exchange rate. Our unique currency Converter will convert your money based on today’s exchange rates without adding any fees.

Our currency Converter is a free online tool. It implements the most current exchange rates of the national currency. This currency Converter is a simple and convenient tool for online calculation of the amount of the requested currency. You only need to enter the currency you want to convert and select other currencies to convert between. The Currency Converter of Easy Trading Tips will do everything else for you to show the accurate result.