Euro

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union and its territories. Currently, 19 of 28 member states use the euro; this group of states is known as the eurozone or euro area. It is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents. The currency is also officially used by the institutions of the European Union and its territories, four other European countries, as well as unilaterally by two others, and is consequently used daily by some 343 million Europeans as of 2018. Outside Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 290 million people worldwide as of 2018 use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. As of August 2018, with more than €1.2 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by May 2002 it had completely replaced the former currencies. While the euro dropped subsequently to US$0.83 within two years (26 October 2000), it has traded above the U.S. dollar since the end of 2002, peaking at US$1.60 on 18 July 2008. In late 2009, the euro became immersed in the European sovereign-debt crisis, which led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising and strengthing the currency.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

Berlin overview

Berlin (/bɜːrˈlɪn/; German pronunciation: [bɛɐ̯ˈliːn]) is the capital and largest city of Germany by both area and population. Its 3,711,930 (2017)[1] inhabitants make it the second most populous city proper of the European Union after London.[4] The city is one of Germany's 16 federal states, and it is surrounded by the state of Brandenburg, the capital of which, Potsdam, is contiguous with Berlin. The two cities are at the center of the Berlin/Brandenburg Metropolitan Region, which is, with 6,004,857 (2015)[5] inhabitants, Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions.

Berlin straddles the banks of the River Spree, which flows into the River Havel (a tributary of the River Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs, formed by the Spree, Havel, and Dahme rivers, the largest of which is Lake Müggelsee. Due to its location in the European Plain, Berlin is influenced by a temperate seasonal climate. About one-third of the city's area is composed of forests, parks, gardens, rivers, canals and lakes.[6] The city lies in the Central German dialect area, the Berlin dialect being a variant of the Lusatian-New Marchian dialects.

First documented in the 13th century and situated at the crossing of two important historic trade routes,[7] Berlin became the capital of the Margraviate of Brandenburg (1417–1701), the Kingdom of Prussia (1701–1918), the German Empire (1871–1918), the Weimar Republic (1919–1933), and the Third Reich (1933–1945).[8] Berlin in the 1920s was the third largest municipality in the world.[9] After World War II and its subsequent occupation by the victorious countries, the city was divided; West Berlin became a de facto West German exclave, surrounded by the Berlin Wall (1961–1989) and East German territory.[10] East Berlin was declared capital of East Germany, while Bonn became the West German capital. Following German reunification in 1990, Berlin once again became the capital of all of Germany.

Berlin is a world city of culture, politics, media and science.[11][12][13][14] Its economy is based on high-tech firms and the service sector, encompassing a diverse range of creative industries, research facilities, media corporations and convention venues.[15][16] Berlin serves as a continental hub for air and rail traffic and has a highly complex public transportation network. The metropolis is a popular tourist destination.[17] Significant industries also include IT, pharmaceuticals, biomedical engineering, clean tech, biotechnology, construction and electronics.

Berlin is home to world-renowned universities, orchestras, museums, and entertainment venues, and is host to many sporting events.[18] Its Zoological Garden is the most visited zoo in Europe and one of the most popular worldwide. With the world's oldest large-scale movie studio complex, Berlin is an increasingly popular location for international film productions.[19] The city is well known for its festivals, diverse architecture, nightlife, contemporary arts and a very high quality of living.[20] Since the 2000s Berlin has seen the emergence of a cosmopolitan entrepreneurial scene.[21]

Best 1 EUR to GBP exchange rate in Berlin - 1 Euro to British Pound

Best EUR/GBP rate at Euro Change in Berlin

1 EUR to GBP exchange rates at Euro Change in Berlin
1 Euro = 0.849 British Pound
Exchange EUR at Euro Change to GBP in Berlin
1 Euro = 0.849 British Pound
2 Euro = 1.698 British Pound
5 Euro = 4.245 British Pound
10 Euro = 8.490 British Pound
Exchange Euro at Euro Change to British Pound in Berlin
Euro Change
Euro Change

Europa-Center 10789 Berlin Phone: 030-2611484 Fax: 030-2628846 Mon-Fri 9am - 8pm Sat 9am - 8pm Kurfürstendamm Show in GoogleMaps S-Bhf. Alexanderplatz 10178 Berlin Phone: 030-2415097 Fax: 030-2415096 Mon-Fri 8am - 8pm Sat 8am - 8pm Alexanderplatz Show in GoogleMaps Berlin-Mitte Friedrichstr. 80 10117 Berlin Phone: 030-2043735 Fax.: 030-2043745 Mon-Fri 10am - 7pm Sat 10am - 3pm Französische Straße Show in GoogleMaps Steglitz Hubertusstraße 14 12163 Berlin Phone: 030-7928020 Fax: 030-7927141...

Best EUR/GBP rate at Commerzbank in Berlin

1 EUR to GBP exchange rates at Commerzbank in Berlin
1 Euro = 0.883 British Pound
Exchange EUR at Commerzbank to GBP in Berlin
1 Euro = 0.883 British Pound
2 Euro = 1.767 British Pound
5 Euro = 4.417 British Pound
10 Euro = 8.833 British Pound
Exchange Euro at Commerzbank to British Pound in Berlin
Commerzbank
Commerzbank

Commerzbank is a leading international commercial bank with branches and offices in almost 50 countries. In the two business segments Private and Small Business Customers, as well as Corporate Clients, the Bank offers a comprehensive portfolio of financial services which is precisely aligned to the clients’ needs. Commerzbank finances approximately 30% of Germany’s foreign trade and is leading in financing for corporate clients in Germany. Due to its in-depth sector know-how in the German...

1 EUR to GBP exchange rates news

Niarchos Foundation gives National Opera 20 mln euro grant | Kathimerini

The Greek National Opera (GNO) has received a 20-million-euro grant from the Stavros Niarchos Foundation, which will be distributed over a period of four years.

12 days conditional neutral
The euro at 20: An enduring success but a fundamental failure

While the euro's survival for two decades is evidence of its success, it was born with fundamental problems that have weakened it, leading to near-constant crisis.

12 days conditional neutral
Key terms to know about euro | Business | Journal Gazette

FRANKFURT, Germany – The euro turns 20 on Tuesday. Here are some key terms to know: Eurozone: The 19 European Union countries that use the euro ...

18 days indicative neutral
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

6 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

12 days indicative neutral

Berlin news

12.4 million euros for renovation of the Berlin Wall

For the 30th anniversary of the fall

1 day indicative positive
Salvini stands by tough migrant line, Berlin ready to help - Politics

Salvini stands by tough migrant line, Berlin ready to help, Standoff over 49 saved by NGOs in Mediterranean, , Politics, Ansa

9 days conditional negative
BOYS BASKETBALL: Platt fends off Berlin, improves to 5-2

BOYS BASKETBALL: Platt fends off Berlin, improves to 5-2- MERIDEN —The Platt boys basketball team pulled out a nailbiter on Friday night, defeating Berlin 77-72 in a CCC South-Colonial Division battle at Platt High School.The Panthers (5-2) did it behind a dominant performance from senior forward Malcolm...

11 days indicative neutral
Morning Record podcast: Maloney, Berlin football teams advance to state playoffs

Morning Record podcast: Maloney, Berlin football teams advance to state playoffs- Sports editor Bryant Carpenter joins the Morning Record to talk about the Maloney and Berlin high school football teams advancing to Saturday's state finals.Subscribe to the podcast via iTunes or on StitcherMusic:...

12 days indicative positive
Berlin exhibition remembers dark past of Nazi forced labour

A series of works on display in Berlin commemorates German forced labour during World War II. The cartoons by the late French artist, Paul Philibert-Charrin, recall his 30 months spent shovelling earth in modern-day Austria. Another forced labourer,...

17 days indicative negative

1 EUR to GBP currency converter in Berlin