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YER to EUR - Yemeni Rial to Euro Converter

Convert Yemeni Rial to Euro with daily ECB exchange rates

1 YER = ~0.003522 EUR (rates vary)

Rates verified daily from ECB official reference ratesSource: European Central Bank (16:00 CET daily)For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

YER to EUR swings are common. Mental math is unreliable—check live rates before exchanges.

Rates can move quickly. Use rate alerts and plan ahead for large transfers.

✈️ Travel budgeting💼 Quick remittance estimates💸 Small business invoicing

Common YER - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Active
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include Yemeni CBY policy and European Central Bank policy, inflation differentials, trade balances, political stability, and global risk sentiment that shifts demand for safe-haven currencies.

Economic Context

Trading Relationship

Trade between Yemen and Europe is modest, with Europe importing some Yemeni goods while Yemen buys European equipment and consumer products. EUR/EUR-linked pricing affects business costs and remittance flows through regional channels.

Key Rate Factors

  • Yemeni Central Bank policy
  • Eurozone monetary policy
  • US/EU trade trends and sanctions considerations
  • Yemen's political and security environment
  • Global risk appetite and USD safe-haven flows

Central Banks

Central Bank of Yemen
Sana'a, Yemen
Oversees monetary policy, currency issuance, and domestic liquidity; aims to maintain price stability and financial system integrity.
European Central Bank
Frankfurt, Germany
Sets monetary policy for the Eurozone; manages inflation, interest rates, and money supply for 20 member states.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates