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Frax to Euro Converter and calculator

Convert 1Frax (FRAX) to Euro (EUR) equals € 0.9554 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Frax(FRAX) to Euro(EUR). This is the real-time data. The current conversion shows 1 FRAX at a value of 1 FRAX for 0.96 EUR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

EUR information

About the Euro (EUR)

What Is the Euro (EUR)?

The Euro (currency symbol: EUR, code: 978) is the official currency of the Eurozone, a monetary union of 20 out of 27 European Union (EU) member countries. Known for its distinctive € symbol, the Euro is a major global currency, playing a pivotal role in international finance and trade. Introduced in 1999, it has since replaced the national currencies of its member countries, creating a unified economic and monetary system across much of Europe.

The Euro is issued by the European Central Bank (ECB) and the national central banks of the countries that are part of the Eurozone. The ECB, headquartered in Frankfurt, Germany, is the central authority responsible for the monetary policy of the Eurozone and works in conjunction with the national central banks of the member countries.

Euro Area Member Countries

The Eurozone, also known as the euro area, comprises Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. These countries have adopted the Euro as their sole legal tender, facilitating seamless economic transactions across borders.

What Is the History of EUR?

The Euro was established by the provisions in the 1992 Maastricht Treaty on European Union. Physical Euro banknotes and coins entered into circulation on January 1, 2002, marking a significant step in European economic integration. The currency was launched initially for electronic transfers and accounting purposes in 1999, replacing the European Currency Unit (ECU) at a 1:1 value.

Notes and Coins of EUR

Euro banknotes and coins, introduced on January 1, 2002, are the tangible representations of the Euro, the currency used across the Eurozone. The banknotes, available in seven denominations (€5, €10, €20, €50, €100, €200, and €500), showcase a range of architectural styles from various periods of European history, deliberately avoiding specific real-life monuments to maintain neutrality among member countries. The Euro coins, on the other hand, come in eight denominations (1, 2, 5, 10, 20, and 50 cents, and €1 and €2) and feature a common European side displaying the coin's value, and a national side with designs unique to the issuing country, often reflecting cultural and historical symbols. These coins are made from various alloys, including copper-covered steel and Nordic gold, and are legal tender across the Eurozone, irrespective of the country of issuance.

Is EUR the Most Used Currency in the World?

No, the Euro is not the most used currency globally; that title belongs to the United States Dollar (USD). The USD is the leading currency in terms of its use in international transactions, its role as the primary reserve currency held by central banks and financial institutions worldwide, and its dominance in the global financial markets.

However, the Euro is a close second and is indeed one of the world's most important currencies. It is the official currency of the Eurozone, which consists of a significant number of European countries. The Euro is the second-most widely held reserve currency and the second-most traded currency in the foreign exchange market after the USD.

What Is the Relationship Between EUR and USD?

The relationship between the Euro (EUR) and the United States Dollar (USD) is a cornerstone of the global financial landscape, primarily defined by the dynamics of their exchange rate, which is one of the most actively monitored and traded in the world. This rate is influenced by a myriad of factors, including the economic health and monetary policies of the Eurozone and the United States, as dictated by the European Central Bank and the Federal Reserve respectively. Key economic indicators, interest rate differentials, and political events significantly sway this relationship. Both currencies play crucial roles in international trade and investment, with fluctuations in trade balances and economic conditions in either region affecting their demand and value. While the USD often holds the status of a 'safe-haven' currency, the Euro also assumes this role within certain contexts, with their relative strengths shifting in response to global economic uncertainties. As major global reserve currencies, changes in central banks' reserve allocations can impact their respective values. Furthermore, the interdependency of the US and Eurozone economies means that developments in one can have substantial repercussions in the other, influencing the EUR/USD exchange rate.

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Bitget crypto-to-fiat exchange data shows that the most popular Frax currency pair is the FRAX to EUR, with for Frax's currency code being FRAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for EUR.

FRAX to EUR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Frax has changed -0.13% to EUR. Based on the trend and price charts, Frax(FRAX) has changed -0.13% to EUR while Euro(EUR) has changed % to FRAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
€0.9552
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
€0.9450
0.1000% / 0.1000%
Yes
Last updated 2024/11/24 08:00:15(UTC+0)

How to buy Frax

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Frax (FRAX)
Use a variety of payment options to buy Frax on Bitget. We'll show you how.

Buy FRAX (or USDT) for EUR (Euro) offers

Bitget P2P trading does not currently support direct buying of FRAX with EUR. However, you can buy USDT in Bitget P2P trading first, and then buy FRAX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell FRAX (or USDT) for EUR (Euro) offers

Bitget P2P trading currently does not support direct selling of FRAX to EUR. However, you can first exchange FRAX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Frax to Euro?

Frax to Euro is falling this week.
Frax's current market price is € 0.9554 per FRAX, with a total market cap of € 620,459,827.44 EUR based on a circulating supply of 649,433,400 FRAX. The trading volume of Frax has changed by +26.35% (€ 4,415,822.84 EUR) in the last 24 hours. Last trading day, FRAX's trading volume was € 16,757,259.84.
Market cap
$646.45M
24h volume
$22.06M
Circulating supply
649.43M FRAX

Conversion tables

The exchange rate of Frax is decreasing.
1 FRAX is currently valued at € 0.9554 EUR , which means buying 5 FRAX will cost € 4.78 EUR . Similarly, €1 EUR can be traded for 1.05 FRAX, and €50 EUR can be converted to 52.33 FRAX, excluding any platform or gas fees.
The exchange rate of 1 FRAX to Euro has changed by -0.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.13%, reaching a high of 0.9565 EUR and a low of 0.9543 EUR . One month ago, the value of 1 FRAX was € 0.9569 EUR , which represents a -0.16% change from its current value. Over the last year, Frax has changed by
-
0.003650EUR
, resulting in a change of -0.38% in its value.

FRAX to EUR

Amount
09:38 am today
0.5 FRAX
0.4777
1 FRAX
0.9554
5 FRAX
4.78
10 FRAX
9.55
50 FRAX
47.77
100 FRAX
95.54
500 FRAX
477.69
1000 FRAX
955.39

EUR to FRAX

Amount09:38 am today
0.5EUR0.5233  FRAX
1EUR1.05  FRAX
5EUR5.23  FRAX
10EUR10.47  FRAX
50EUR52.33  FRAX
100EUR104.67  FRAX
500EUR523.35  FRAX
1000EUR1,046.7  FRAX

Today vs. 24 hours ago

Amount09:38 am today24 hours ago24h change
0.5 FRAX$0.4977$0.4983
-0.13%
1 FRAX$0.9954$0.9967
-0.13%
5 FRAX$4.98$4.98
-0.13%
10 FRAX$9.95$9.97
-0.13%
50 FRAX$49.77$49.83
-0.13%
100 FRAX$99.54$99.67
-0.13%
500 FRAX$497.7$498.34
-0.13%
1000 FRAX$995.4$996.68
-0.13%

Today vs. 1 month ago

Amount09:38 am today1 month ago1M change
0.5 FRAX$0.4977$0.4985
-0.16%
1 FRAX$0.9954$0.9970
-0.16%
5 FRAX$4.98$4.98
-0.16%
10 FRAX$9.95$9.97
-0.16%
50 FRAX$49.77$49.85
-0.16%
100 FRAX$99.54$99.7
-0.16%
500 FRAX$497.7$498.48
-0.16%
1000 FRAX$995.4$996.96
-0.16%

Today vs. 1 year ago

Amount09:38 am today1 year ago1Y change
0.5 FRAX$0.4977$0.4996
-0.38%
1 FRAX$0.9954$0.9992
-0.38%
5 FRAX$4.98$5
-0.38%
10 FRAX$9.95$9.99
-0.38%
50 FRAX$49.77$49.96
-0.38%
100 FRAX$99.54$99.92
-0.38%
500 FRAX$497.7$499.6
-0.38%
1000 FRAX$995.4$999.2
-0.38%

Frax price prediction

What will the price of FRAX be in 2025?

Based on FRAX's historical price performance prediction model, the price of FRAX is projected to reach $1.12 in 2025.

What will the price of FRAX be in 2030?

In 2030, the FRAX price is expected to change by +8.00%. By the end of 2030, the FRAX price is projected to reach $2.09, with a cumulative ROI of +110.23%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Frax and EUR.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Frax and EUR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Frax in EUR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.