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Saint Martin - Euro - Currency Guide

 

Foreign exchange guide to Saint Martin and the Euro (EUR)

     

USD/EUR 90-day view

USDEUR at 0.8249 is 2.5% below its 90-DAY average, range 0.8232-0.8603.
🔔 USDEUR is DOWN 1.6% this 4-DAY period.
|
Alert:4-DAY1.6% |
 
Recent USD to EUR 90-day trend

General Currency Info - Euro

The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.

The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.

Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.

Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.

There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.

   

EUR News, Forecasts and Trends

The Euro has struggled in early November dropping to 30-DAY-LOWS due to the COVID-19 second-wave outbreak with France, Italy, and Germany – the Eurozone’s three largest economies – entering lockdowns once more. The markets fear that poor economic results will continue through the end of the year.

Get more details in the article Euro Forecasts.

For more EUR currency market forecasts you can read the full article Euro Forecasts. The above interactive chart shows the USD to EUR exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Euro - Historical Rates

USD/EURChangePeriod
0.8359
27 Nov 2020
1.3% ▼1 Week
0.8523
04 Nov 2020
3.2% ▼30 Days
0.8447
05 Sep 2020
2.3% ▼90 Days
0.9006
05 Dec 2019
8.4% ▼1 Year
0.9193
06 Dec 2015
10.3% ▼5 Years
0.7517
07 Dec 2010
9.7% ▲10 Years

USD/EUR 10 year historic rates & change to 04-Dec-2020 : 0.8249

 

U$10,000 USD
=
€8,250 EUR

Converted at USD/EUR interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Euro - Quick Conversions

USD EUR
U$ 1 0.8250
U$ 5 4.1250
U$ 10 8.2500
U$ 20 16.50
U$ 50 41.25
U$ 100 82.50
U$ 250 206.25
U$ 500 412.50
U$ 1,000 825.00
U$ 2,000 1,650
U$ 5,000 4,125
U$ 10,000 8,250
U$ 50,000 41,250
U$ 100,000 82,500
More amounts
USD EUR
U$ 1.2122 € 1
U$ 6.0610 € 5
U$ 12.12 € 10
U$ 24.24 € 20
U$ 60.61 € 50
U$ 121.22 € 100
U$ 303.05 € 250
U$ 606.10 € 500
U$ 1,212 € 1,000
U$ 2,424 € 2,000
U$ 6,061 € 5,000
U$ 12,122 € 10,000
U$ 60,610 € 50,000
U$ 121,220 € 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Saint Martin?

The domestic currency in Saint Martin is the Euro.

What is the Euro currency code and symbol?

The three letter currency code for the Euro is EUR — symbol is .

Which countries use the Euro?

It is the domestic currency in    Eurozone,   Aaland Islands,   Andorra,   Austria,   Belgium,   Cyprus,   Estonia,   Finland,   France,   French Guinea,   French Southern Territories,   Germany,   Greece,   Guadeloupe,   Vatican City,   Ireland,   Italy,   Luxembourg,   Malta,   Martinique,   Mayotte,   Monaco,   Montenegro,   Netherlands,   Portugal,   Reunion,   Saint Barthélemy,   Saint Martin,   Saint Pierre and Miquelon,   San Marino,   Slovakia,   Slovenia and Spain.

Is the Euro a closed currency?

No, the Euro is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Saint Martin

Travel money for Saint Martin

Save money and time by Ordering your Euro online from Travelex, you get better rates and can pick up the EUR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Euro otherwise you may get much worst exchange rates.

 

Send Money to Saint Martin - Best Rates

When searching around for information on how to get a good exchange rate when sending money to Saint Martin you need to start with finding out the latest Euro exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Saint Martin

When sending money to Saint Martin it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Euro amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted EUR amount will be transfered to the recipient account you specify in Saint Martin.

Use the above Send to Euro calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Euro deposited into the recipient bank account and less margins and fees kept by the banks!


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