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1 Yemeni Rial to Euro

Updated 1 minute ago
Convert 1 YER:EUR
 YER =
    EUR
 Yemeni Rial =  Euros
Trending: YR exchange rates for the last 24 hours
  • YER/USD 0.003995 0.00000051
  • YER/EUR 0.003709 -0.00002086
  • YER/JPY 0.622521 0.02046195
  • YER/GBP 0.003190 0.00001766
  • YER/CHF 0.003622 0.00007747
  • YER/MXN 0.066988 -0.00173556
  • YER/INR 0.333729 0.00193259
  • YER/BRL 0.020560 0.00077384
  • YER/CNY 0.028537 -0.00018129

YER/EUR exchange rate analysis over the past 90 days

Yemeni Rial to Euro exchange rate: Over the last 90 days, the Yemeni Rial weakened by -0.56% against the Euro, declining from €0.0037 to €0.0037 per Yemeni Rial. This trend reflects the evolving economic dynamics between the Yemen and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Yemen and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Yemen and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Yemen or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Yemen relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

yer/eur Historical Chart

YR
Yemeni Rial Currency

Country: Yemen

Symbol: YR

ISO Code: YER

Bank: Central Bank of Yemen

Interesting fact about Yemeni Rial

The Yemeni Rial (YER) is the official currency of Yemen. It was introduced in 1996, replacing the North Yemeni rial and the South Yemeni dinar. With a fixed exchange rate since 2018, it has devalued significantly due to the ongoing civil war and economic crisis. The YER's significance lies in its role as the primary medium of exchange in Yemen's struggling economy, affected by inflation and a shortage of basic necessities.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Yemeni Rial to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 YER to EUR is €0.
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Yes, our site provides historical charts that show the trends and fluctuations in the Yemeni Rial to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.