1 million euros is a fortune. It is a life-changing sum of money. It would be enough never to have to worry about money again. It would be enough to live a high life for the rest of your days.
But what exactly could you buy with 1 million euros when we convert them into US dollars?
Currency conversion and billions
A billion is a number that can be interpreted in two ways. The first is a short-scale billion number or British and American English value with 9 zeros. The second one is 12 zeros number as defined on the long scale.
Short scale = 1,000,000,000, i.e., one thousand million, or 109 (ten to the ninth power)
Long scale= 1,000,000,000,000, i.e., one million million, or 1012 (ten to the twelfth power)
Usually, people from the US and UK consider billion dollars as 1,000,000,000 (ten to the ninth power).
Now we can analyze how much 1 billion euros in American dollars.
How much are 1 billion euros in dollars?
Let us convert 1 billion euros to dollars on today’s exchange price using a EURUSD converter. The result is below:
The above results represent how much is 1 billion euros in dollars.
We can reverse conversion and convert 1 Billion dollars to euros:
However, if you want to calculate 1 billion euros in us dollars using a long scale ( $1,000,000,000,000), then the result is:
Billion Euros to Dollars History
The last 10 years’ billion euros to dollars conversion was volatile. For example, the maximum worth of 1 billion dollars was in 2011 at 1.484 billion euros, and the minimum was in 2016 (1.039 billion euros).
The value of the euro has varied significantly throughout its history. The euro’s value peaked at 1.6038 on July 15, 2008.