ETH/EUR: what to know
The ETH/EUR rate shows how much EUR you get for 1 ETH. Right now, 1 ETH buys 2,404.03 EUR at the mid-market rate. In the other direction, 1 EUR is worth 0.000415968 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while EUR responds to ECB policy and eurozone growth.
Ethereum popularised programmable “smart contracts”. 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 ETH/EUR rate has ranged between 1,375.24 and 4,019.48 — a change of -39.90% 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.