Currency Converter

Convert EUR to USD using Bitcoin standard exchange rates.

Use Bitcoin as a neutral intermediary to get more accurate exchange rates between fiat currencies. More information below the converter.

1 EUR =

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Direct exchange rate between EUR and USD. Values updated every 10 seconds.

Rates calculated using Bitcoin as a neutral intermediary - Gets the real value between currencies.

What is the Bitcoin Standard?

The Bitcoin Standard is an approach to calculating exchange rates between fiat currencies using Bitcoin as a neutral intermediary. Instead of relying on direct exchange rates that can be manipulated by central banks, the Bitcoin Standard uses the market price of Bitcoin in different currencies to derive a more accurate and market-based exchange rate. This avoids distortions and provides a clearer view of the relative value between currencies.

Overview

Bitcoin is a globally traded cryptocurrency, quoted in real-time in various fiat currencies (USD, EUR, BRL, etc.). It can be used as an intermediary reference to convert between two currencies that do not have a direct pair.

Advantages

  • Global Quotation: BTC has pairs with most of the world's currencies.
  • High Availability: Real-time data, operating 24/7.
  • Decentralization: Does not depend on central banks or governments.
  • Intermediation: Useful for converting between exotic currencies or those with low direct trading volume.

Conversion Example (via BTC)

If:

  • 1 BTC = 100.000 BRL
  • 1 BTC = 20.000 USD

Then: 1 USD = 5 BRL (via BTC)

Geopolitical Use

Some countries, like Russia and China, are using Bitcoin as a tool to bypass sanctions, facilitate international trade, or store value outside the traditional financial system.

Considerations

  • BTC quotation can vary between exchanges.
  • Bitcoin's volatility can impact conversion accuracy.
  • Ideal for quick estimates, not for official accounting records.

Frequently Asked Questions about Currency Conversion