— Custom / Current Rate —
Deutsche Mark (DEM) – 1.95583
French Franc (FRF) – 6.55957
Italian Lira (ITL) – 1936.27
Spanish Peseta (ESP) – 166.386
Dutch Guilder (NLG) – 2.20371
Belgian Franc (BEF) – 40.3399
Austrian Schilling (ATS) – 13.7603
Irish Pound (IEP) – 0.787564
Portuguese Escudo (PTE) – 200.482
Finnish Markka (FIM) – 5.94573
Greek Drachma (GRD) – 340.750
Select a legacy currency to auto-fill the official fixed rate.
From Euro (€) to Other Currency
From Other Currency to Euro (€)
Conversion Result
Understanding Euro Conversion Rates
Whether you are dealing with modern forex trading, planning a trip to Europe, or converting historical financial data from legacy currencies (like the Deutsche Mark or Italian Lira), understanding how the Euro conversion rate works is essential. This calculator handles both custom daily exchange rates and the official fixed conversion rates established when the Euro was introduced.
How the Calculation Works
Currency conversion relies on a specific exchange rate that defines the value of one Euro relative to another currency. The math changes depending on the direction of your transaction:
Converting From Euro (€): If you have Euros and want to buy foreign currency, you multiply your Euro amount by the exchange rate.
Formula: Amount (€) × Rate = Foreign Currency
Converting To Euro (€): If you have foreign currency and want to buy Euros, you divide your amount by the exchange rate.
Formula: Amount (Foreign) ÷ Rate = Euros (€)
Official Fixed Legacy Rates
Before the Euro became the physical currency in 2002, the exchange rates between the Euro and the "legacy" currencies of the Eurozone member states were irrevocably fixed. These rates are still used today for legal and historical accounting purposes.
Country
Currency
Fixed Rate (1 EUR =)
Germany
Deutsche Mark (DEM)
1.95583
France
French Franc (FRF)
6.55957
Italy
Italian Lira (ITL)
1936.27
Spain
Spanish Peseta (ESP)
166.386
Factors Influencing Live Rates
Unlike the fixed legacy rates, current exchange rates between the Euro and currencies like the US Dollar (USD) or British Pound (GBP) fluctuate constantly. These fluctuations are driven by:
Interest Rates: Set by the European Central Bank (ECB). Higher rates often attract foreign capital, boosting the Euro.
Inflation: Lower inflation generally leads to a stronger currency value.
Economic Stability: Political events and economic reports from the Eurozone significantly impact investor confidence.
function updateLegacyRate() {
var presetSelect = document.getElementById('legacyPreset');
var rateInput = document.getElementById('exchangeRate');
var selectedValue = presetSelect.value;
if (selectedValue) {
rateInput.value = selectedValue;
// Highlight that it is fixed
rateInput.style.backgroundColor = "#e8f0fe";
} else {
rateInput.value = "";
rateInput.style.backgroundColor = "#fff";
}
}
function updateLabel() {
// Optional: Updates logic visualization if needed, currently handled in calculation
}
function calculateConversion() {
// 1. Get input values
var amount = parseFloat(document.getElementById('amount').value);
var rate = parseFloat(document.getElementById('exchangeRate').value);
var direction = document.getElementById('direction').value;
var presetSelect = document.getElementById('legacyPreset');
// 2. DOM Elements for output
var resultBox = document.getElementById('resultBox');
var finalAmountDisplay = document.getElementById('finalAmount');
var mathExplanationDisplay = document.getElementById('mathExplanation');
// 3. Validation
if (isNaN(amount) || amount <= 0) {
alert("Please enter a valid positive amount.");
return;
}
if (isNaN(rate) || rate 0) {
targetCurrencyName = presetSelect.options[presetSelect.selectedIndex].getAttribute("data-name");
}
if (direction === 'eur_to_other') {
// Formula: Euros * Rate
result = amount * rate;
symbol = targetCurrencyName;
explanationText = amount + " € × " + rate + " (Rate) = " + result.toFixed(2) + " " + symbol;
finalAmountDisplay.innerHTML = result.toFixed(2) + " " + symbol + "";
} else {
// Formula: Other / Rate
result = amount / rate;
symbol = "€";
explanationText = amount + " " + targetCurrencyName + " ÷ " + rate + " (Rate) = " + result.toFixed(2) + " €";
finalAmountDisplay.innerHTML = symbol + result.toFixed(2);
}
// 5. Display Results
mathExplanationDisplay.innerHTML = "Formula used: " + explanationText;
resultBox.style.display = "block";
}