Understanding Currency HRK EUR Conversion

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The Croatian Kuna (HRK) and the Euro (EUR) - two popular currencies that people often struggle to convert. The exchange rate between the two currencies fluctuates frequently, making it essential to stay up-to-date with the current rates.

In 2020, the HRK to EUR exchange rate was around 6.5 HRK to 1 EUR. This rate can vary depending on the current market conditions and other economic factors.

To give you a better understanding of the conversion process, let's consider an example. If you're planning a trip to Croatia and you have 10,000 HRK, you can exchange it for approximately 1,538 EUR.

Understanding HRK to EUR

The HRK to EUR exchange rate is influenced by various factors, including differences in inflation and interest rates. In the past 30 days, the HRK to EUR exchange rate reached a high of €0.13314 and a low of €0.13245, with an average rate of €0.13271.

The overall change in this period was -0.07%. The HRK to EUR exchange rate is also affected by economic performance, with strong economies generally seeing an influx of capital and an increase in the buying power of their currency.

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In the past 90 days, the HRK to EUR exchange rate peaked at €0.13314 and dipped to a low of €0.13227, averaging €0.13269. The total change for this period was +0.006%.

Here's a breakdown of the HRK to EUR exchange rate over the last 30 and 90 days:

Important Key Terms

The foreign exchange market, also known as the forex, is a global and decentralized market for trading currencies.

In this market, the value of one currency is expressed in terms of another, known as the exchange rate.

The bid price is the price a buyer is willing to pay for a unit of currency.

The difference between the bid and ask price is called the bid-ask spread, which can be a percentage of the transaction as profit for the middleman.

A pip is the smallest unit of value in a bid-ask spread, and it's used to measure the difference between currency quotes.

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For example, a currency quote of EUR/USD 1.2800/1.2803 has a difference of 3 pips.

The interbank rate is the wholesale exchange rate that banks use between themselves.

Major currencies, such as the U.S. dollar, Euro, and Japanese yen, are the most traded currencies and generally stay the same year-to-year.

These currencies are often paired together in currency pairs, with the first currency being the base currency and the second being the quote currency.

Currency Influencers

Currency influencers play a significant role in determining the exchange rates between currencies. The exchange rates can be influenced by thousands of different factors, but some of the key ones include differences in inflation and interest rates.

Differences in inflation rates can cause a currency's value to fluctuate. For example, if one economy has low inflation rates, its currency value will likely rise as purchasing power increases. On the other hand, if an economy has higher inflation rates, its currency will typically depreciate in relation to a lower inflation currency.

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Interest rates can also impact exchange rates. Higher interest rates can attract foreign investors, increasing demand for a currency and driving its value up. Conversely, lower interest rates can lead to a decrease in demand for a currency and a subsequent depreciation in its value.

Trade deficits can also influence exchange rates. If an economy is operating at a deficit, it requires more foreign currency than it receives through exports, which can lead to a depreciation in its currency's value.

Politics can also play a significant role in exchange rates. Economies with stable politics are generally more attractive to foreign investors, causing an influx of capital and a subsequent increase in the buying power of their currency.

Here's a summary of the key influencers:

  • Differences in inflation rates
  • Differences in interest rates
  • Trade deficits
  • Politics
  • Economic performance

These factors can have a significant impact on exchange rates, making it essential to stay informed and up-to-date on the latest developments in the currency market.

Currency Conversion Tools

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Currency conversion tools can be a lifesaver when traveling to Croatia or doing business with companies that use the Croatian Kuna (HRK) or Euro (EUR) currency.

The Croatian Kuna to Euro conversion rate is approximately 1 HRK = 0.134114 EUR, as seen in Example 3. This means that if you have 100 HRK, you can convert it to around 13.411371 EUR.

You can find the current exchange rate for HRK to EUR in various online tools, including the conversion rates listed in Example 1 and Example 2. These tables show the conversion rates for different amounts of HRK to EUR.

Here's a list of some of the conversion rates for HRK to EUR:

  • 1 HRK = 0.134114 EUR
  • 10 HRK = 1.341137 EUR
  • 100 HRK = 13.411371 EUR
  • 1,000 HRK = 134.114 EUR
  • 5,000 HRK = 670.569 EUR
  • 10,000 HRK = 1,341.14 EUR
  • 100,000 HRK = 13,411.37 EUR
  • 1,000,000 HRK = 134,113.71 EUR

These conversion rates can help you plan your trip to Croatia or make informed business decisions.

Conversion Data

The exchange rate between Croatian Kuna (HRK) and Euro (EUR) has been relatively stable over the last 14 days, with 1 HRK being equivalent to 0.1327 EUR.

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You can find the latest conversion rates for Croatian Kuna to Euro in various denominations, including 100 HRK being equivalent to 13.273 EUR, and 1,000 HRK being equivalent to 132.73 EUR.

Here are some specific conversion rates for your reference:

As of January 7, 2025, 100 Croatian Kunas is equivalent to 13.273 Euros, with an exchange rate of 0.1327 Euros per Croatian Kuna.

Historical Data

The Croatian Kuna has been exchanging hands for a while, and its value has fluctuated over time. You can see this in the exchange rate data from the last week.

On Tuesday, January 7, 2025, the exchange rate was 1 HRK to 0.13411371 EUR. This is a slight increase from the previous day.

In fact, the best day to change Croatian Kuna to Euro was 17 years ago, on September 30, 2008, when the currency had reached its highest value.

Here's a breakdown of the exchange rate for the last week:

Stats

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The stats on the Croatian Kuna to Euro exchange rate are quite interesting. As of January 7, 2025, the exchange rate is 0.13411371 EUR per HRK.

The exchange rate has been fluctuating over the past week, with the highest rate on Sunday, January 5, 2025, being 0.13514885 EUR per HRK. On the other hand, the lowest rate was on Wednesday, January 1, 2025, at 0.13446015 EUR per HRK.

Here's a breakdown of the exchange rate for 100 Croatian Kunas in Euros as of January 7, 2025: 100 HRK is equivalent to 13.273 Euros.

You can also use the conversion table to find the equivalent value in Euros for any amount of Croatian Kunas. For example, 1,000,000 HRK is equivalent to 134,113.71 EUR.

Interestingly, the Croatian Kuna has 100 lipa, and the euro has 100 cents. The euro was introduced in 2002 and is used among the majority of European countries.

Conversion

Conversion can be a bit tricky, but don't worry, I've got you covered. The exchange rate for Croatian Kuna to Euro is currently 0.1327 Euros per Croatian Kuna.

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You can use this rate to convert any amount of Croatian Kuna to Euro. For example, 100 Croatian Kunas is equivalent to 13.273 Euros.

The exchange rate has been relatively stable over the past 14 days, with no significant changes in the value of Croatian Kuna against the Euro. Here's a list of the exchange rates for the past 14 days:

You can also use the following conversion rates to convert larger amounts of Croatian Kuna to Euro:

Frequently Asked Questions

Is Croatia using the euro or Kuna?

Croatia uses the euro as its official currency, having switched from the Croatian kuna in January 2023.

Colleen Boyer

Lead Assigning Editor

Colleen Boyer is a seasoned Assigning Editor with a keen eye for compelling storytelling. With a background in journalism and a passion for complex ideas, she has built a reputation for overseeing high-quality content across a range of subjects. Her expertise spans the realm of finance, with a particular focus on Investment Theory.

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