1 Cent Euro Coin to INR: Understanding the Value
The 1 cent euro coin is the lowest denomination coin in the Eurozone, but have you ever wondered how much it's worth in Indian Rupees (INR)? In this article, we'll explore the value of the 1 cent euro coin in INR and provide some interesting facts about the euro coin.
What is the 1 Cent Euro Coin?
The 1 cent euro coin is a coin worth one hundredth of the euro, the official currency of the European Union. It's a small, copper-colored coin with a diameter of 16.25 mm and a weight of 2.3 grams. The coin features a common design on one side, with a map of Europe and the denomination "1 cent" written in Latin ("centum"). The other side of the coin features a unique design for each member state of the Eurozone.
What is the Value of 1 Cent Euro Coin in INR?
The value of the 1 cent euro coin in INR is quite low due to the current exchange rate. As of the current exchange rate (1 EUR = 84.53 INR), the value of 1 cent euro coin is approximately:
0.8453 INR
So, if you were to exchange 1 cent euro coin for Indian Rupees, you would get approximately 0.8453 INR.
Interesting Facts About the Euro Coin
- The euro coin is used by 19 of the 28 member states of the European Union.
- The 1 cent euro coin is the most widely used coin in the Eurozone, with over 50 billion coins in circulation.
- The euro coin is minted in eight different countries, including Germany, France, Italy, and Greece.
- The design of the euro coin changes every two years, with each member state designing its own unique coin.
Conclusion
In conclusion, while the 1 cent euro coin may not be worth much in Indian Rupees, it's still an interesting coin to collect and learn about. The euro coin is a symbol of unity and cooperation among European countries, and its unique design and features make it a fascinating piece of currency to study.
