EUR/LTC: what to know
The EUR/LTC rate shows how much LTC you get for 1 EUR. Right now, 1 EUR buys 0.0227 LTC at the mid-market rate. In the other direction, 1 LTC is worth 44.0485 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while LTC responds to crypto-market sentiment.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the EUR/LTC rate has ranged between 0.009184 and 0.0278 — a change of +114.42% 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.