This tag is to be used for the Euro currency as used by countries in the European Union.
Questions tagged [eur-euro]
112 questions
42
votes
6 answers
What do I need to watch out for when receiving a large sum of money as a gift in Germany?
I live in Germany.
If my father would want to give me a large sum of money - let's say 10,000€ - what would be the safest, least bureaucratic way to do this? I'm an apprentice and I still receive child allowance (I don't know how familiar people…
Flying Thunder
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41
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12 answers
Is there a reason why someone shouldn't buy into a temporarily cheap currency of an otherwise solid economy?
As everyone knows, the ruble is falling compared to the euro and it has been falling for a long time already.
The way I see it, the ruble will eventually get back up once the political situation around it is resolved. Is it naive to think I can just…
Jeroen Vannevel
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23
votes
1 answer
What is the data before 1999 for EUR to USD on Google?
If you search eur to usd on Google, you'll see a chart.
The chart starts from 198x as below:
However, on this Wikipedia page. It says
The euro came into existence on 1 January 1999
Is it a Google mistake? What does the data before 1999 mean?
AGamePlayer
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13
votes
4 answers
Why do large notes exist?
Why do the €200 and €500 notes exist? From what I read, they are mainly popular in organised crime. Most currencies do not have such large notes. Some eurozone predecessor currencies did — is that the only reason, or are there some legitimate…
gerrit
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11
votes
6 answers
When will the U.K. convert to the Euro as an official currency?
When will the United Kingdom switch to using the Euro? The main group of European countries have adopted it as a common currency and it appears this is the future direction. If not, what are the reasons for not adopting?
Zephyr
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11
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3 answers
Why did the Swiss National Bank fix the EUR/CHF exchange rate at CHF 1.20?
Two questions actually:
Why did the Swiss National Bank fix the EUR/CHF exchange rate at EUR 1 = CHF 1.20 as of September 2011?
How are they making sure that the exchange rate stays at CHF 1.20?
See the current EUR/CHF exchange rate at Yahoo…
Lernkurve
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11
votes
5 answers
How to change a large quantity of U.S. dollars into Euros?
What is the best way to change $30,000 dollars from the U.S., into Euros to Europe ?
Is an international bank account the best solution? If not, then what?
ucsky
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10
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3 answers
What exactly happens to Euro if one of European Union countries goes bankrupt?
What happens if one of the European Union countries goes bankrupt?
Suppose I have money (bank deposits at local banks) in US dollars, Euros and local currency (I'm not in the US). Now one of EU countries goes bankrupt. What happens to my money?
sharptooth
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9
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1 answer
Why could the serious financial woes of some EU member states lead to the end of the Euro?
I've been reading a lot about the impending bankruptcy of Ireland/Portugal/Spain etc. and how this could mean the end of the Euro.
I cannot connect the dots here. Why would this mean the demise of the Euro?
Randy Minder
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8
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3 answers
How can a person protect his savings against a country default?
I'm a middle-class citizen, currently living in a EU country (Greece in my case). How can I protect my little savings (that I currently have in a Greek bank) against a country default, like the one that is (very) likely to happen in Greece (or other…
ano
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8
votes
2 answers
Earning in a declining currency but foreign currency liabilities, what strategy assuming exchange rates continue to decline?
I earn in euros, but have sterling and dollar liabilities that need to be paid monthly. Assuming the euro will continue to decline against these currencies, is there anything I can do to protect or mitigate these liabilities against continued euro…
MassiveAction
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7
votes
1 answer
How important is the beneficiary field in a bank transfer in the Euro zone?
When doing a bank transfer in Germany (and probably by now other countries that have Euro with IBAN and BIC) you have to give a beneficiary. In German, that is either called Kontoinhaber or Begünstigter. While many companies that send you bills tell…
simbabque
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7
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3 answers
What will be the long term impact of the newly defined minimum exchange rate target from francs to euro?
Switzerland's central bank stepped in to stop investors driving up the franc on Tuesday, sending the euro up nearly 9 percent and stifling a tentative European stock recovery from sharp losses a day earlier.
Soon after the announcement, the euro was…
Demento
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6
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6 answers
What would happen if the Euro currency went bust?
Seems to be a lot in the news recently (Google Business news UK) discussing that the euro currency may not survive. They suggested it has a 1/5 chance of surviving the next decade.
What would actually happen if it did collapse, would each country go…
user155695
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6
votes
1 answer
Loan to buy a real estate in Germany
Today I have a question about home-loans: I started saving money to raise a small capital in order to submit a request for a loan and since I am totally new to this topic (and some language barriers don't make learning easier), I would like to ask…
Noldor130884
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