1 Euro Coin Price in India
Are you wondering how much a 1 Euro coin is worth in India? In this article, we will discuss the current exchange rate and the value of a 1 Euro coin in Indian Rupees (INR).
Exchange Rate
The exchange rate between the Euro (EUR) and the Indian Rupee (INR) is constantly fluctuating. As of the current date, the exchange rate is approximately 1 EUR = 84 INR. However, please note that this rate may change frequently, and it's essential to check the current exchange rate before converting your currency.
Value of 1 Euro Coin in India
Now, let's calculate the value of a 1 Euro coin in Indian Rupees. Based on the current exchange rate, we can calculate the value as follows:
1 EUR = 84 INR 1 Euro coin = 1 EUR Value of 1 Euro coin in India = 1 EUR x 84 INR = 84 INR
Why are Euro Coins Valuable in India?
Euro coins, especially the 1 Euro coin, are valuable in India due to several reasons:
- Tourism: Many Indians travel to European countries, and they often bring back Euro coins as souvenirs. These coins can be exchanged for Indian Rupees, making them a valuable commodity.
- International Trade: India has strong trade relations with European countries, and Euro coins are often used as a medium of exchange in international transactions.
- Collectibility: Euro coins are also sought after by coin collectors and numismatists, which can drive up their value.
Where to Exchange 1 Euro Coin in India?
If you have a 1 Euro coin and want to exchange it for Indian Rupees, you can visit:
- Banks: Most banks in India, including public and private sector banks, accept Euro coins and exchange them for Indian Rupees.
- Currency Exchange Offices: Specialized currency exchange offices, such as Western Union or Thomas Cook, also exchange Euro coins for Indian Rupees.
- Online Marketplaces: You can also sell your 1 Euro coin on online marketplaces, such as eBay or specialized coin trading platforms.
Conclusion
In conclusion, the value of a 1 Euro coin in India is approximately 84 INR, based on the current exchange rate. If you have a 1 Euro coin, you can exchange it for Indian Rupees at banks, currency exchange offices, or online marketplaces. Remember to check the current exchange rate before converting your currency to get the best value for your money.
