Convert Euro to Salvadoran Colón
Please provide values below to convert Euro [EUR] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Euro.
How to Convert Euro to Salvadoran Colón
1 EUR = 0.0975701296033861 SVC
Example: convert 15 EUR to SVC:
15 EUR = 15 × 0.0975701296033861 SVC = 1.46355194405079 SVC
Euro to Salvadoran Colón Conversion Table
| Euro | Salvadoran Colón |
|---|
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.