BCH/EUR: what to know
The BCH/EUR rate shows how much EUR you get for 1 BCH. Right now, 1 BCH buys 219.5294 EUR at the mid-market rate. In the other direction, 1 EUR is worth 0.004555 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while EUR responds to ECB policy and eurozone growth.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the BCH/EUR rate has ranged between 167.4652 and 554.1454 — a change of -56.02% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.