Trade Ripple to Euro - XRP/EUR CFD
Add to favourite- Summary
- Historical Data
Spread | 0.01096 | ||||||||
Long position overnight fee
Long position overnight fee
Go to platform | -0.07534% | ||||||||
Short position overnight fee
Short position overnight fee
Go to platform | 0.00685% | ||||||||
Overnight fee time | 21:00 (UTC) | ||||||||
Min traded quantity | 30 | ||||||||
Currency | EUR | ||||||||
Margin | 5% | ||||||||
Commission on trade | 0% |
*Information provided by Capital.com
- Last Week
- Last Month
- Last Year
- Last two Years
- Max
- Daily
- Weekly
- Monthly
Date | Close | Change | Change (%) | Open | High | Low |
---|---|---|---|---|---|---|
Apr 20, 2024 | 0.47211 | 0.00486 | 1.04% | 0.46725 | 0.47246 | 0.46308 |
Apr 19, 2024 | 0.46728 | 0.00047 | 0.10% | 0.46681 | 0.47442 | 0.43424 |
Apr 18, 2024 | 0.46736 | 0.00814 | 1.77% | 0.45922 | 0.46943 | 0.44966 |
Apr 17, 2024 | 0.45911 | -0.00263 | -0.57% | 0.46174 | 0.47236 | 0.43859 |
Apr 16, 2024 | 0.46255 | 0.00076 | 0.16% | 0.46179 | 0.46808 | 0.44337 |
Apr 15, 2024 | 0.46328 | -0.00515 | -1.10% | 0.46843 | 0.48237 | 0.44785 |
Apr 14, 2024 | 0.46844 | 0.01586 | 3.50% | 0.45258 | 0.47293 | 0.43592 |
Apr 13, 2024 | 0.45265 | -0.05813 | -11.38% | 0.51078 | 0.51215 | 0.39884 |
Apr 12, 2024 | 0.51078 | -0.05075 | -9.04% | 0.56153 | 0.57068 | 0.47825 |
Apr 11, 2024 | 0.56192 | -0.00626 | -1.10% | 0.56818 | 0.57253 | 0.55703 |
Apr 10, 2024 | 0.56893 | 0.00880 | 1.57% | 0.56013 | 0.57178 | 0.54494 |
Apr 9, 2024 | 0.56018 | -0.00017 | -0.03% | 0.56035 | 0.58606 | 0.54857 |
Apr 8, 2024 | 0.56033 | 0.01692 | 3.11% | 0.54341 | 0.57098 | 0.53758 |
Apr 7, 2024 | 0.54338 | 0.00131 | 0.24% | 0.54207 | 0.55106 | 0.53851 |
Apr 6, 2024 | 0.54205 | 0.00545 | 1.02% | 0.53660 | 0.54722 | 0.53512 |
Apr 5, 2024 | 0.53661 | -0.00576 | -1.06% | 0.54237 | 0.54300 | 0.52014 |
Apr 4, 2024 | 0.54274 | 0.01815 | 3.46% | 0.52459 | 0.56264 | 0.51375 |
Apr 3, 2024 | 0.52491 | -0.01391 | -2.58% | 0.53882 | 0.54563 | 0.51852 |
Apr 2, 2024 | 0.53879 | -0.02489 | -4.42% | 0.56368 | 0.57064 | 0.53291 |
Apr 1, 2024 | 0.56371 | -0.01393 | -2.41% | 0.57764 | 0.58156 | 0.54833 |
Trading calculator
Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).
- 1:1
- 20
- 100
- 500
- 1000
- 10000
Ripple / EUR
What is the XRP/EUR pair?
The XRP/EUR (ripple-to-euro or “XRP to eur”) pair is composed of the crypto network Ripple’s native cryptocurrency XRP and the European Union’s currency euro.
Ripple’s cryptocurrency is represented by the ticker XRP, while the euro is denoted by EUR. This modern pair represents the value of the cryptocurrency compared to a real-world (fiat) currency, essentially how much XRP is worth when measured against the EUR.
Looking into Ripple
Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network. It is best known for its cryptocurrency the XRP, however, the network is also used by a number of financial institutions around the world.
The initial concept for Ripple was developed in 2004 by Ryan Fugger, who wanted to create a decentralised payment system. The next year, 2005, RipplePay, an initial version of Ripple, was released but did not prove an immediate success.
In 2011, Jeb McCaleb began to develop his own cryptocurrency based on value by consensus, rather than mining like Bitcoin. The following year a company known as OpenCoin was created after Fugger handed over control of the original version of Ripple to McCaleb and his partner Chris Larsen.
After gaining $2.5 million in funding in 2013, OpenCoin renamed itself to Ripple Labs, Inc. and released Ripple. In 2014, Ripple protocol was adopted by the German Fidor Bank, setting a precedent for the crypto network’s use by a financial institution.
All about the euro
The euro is the official currency of the European Union (EU), used by 19 of its 28 member countries, known as the Eurozone. Denoted by the symbol €, the currency was introduced on January 1, 1999, under the management of the European Central Bank (ECB).
However, it was not until three years later, in 2002, that the currency’s banknotes and coins became commonly used across Europe.
What influences the pair?
One key influence on the XRP/EUR price is news relating to both currencies. Although the euro is well-established, it is still affected by news about unemployment rates and other macroeconomic EU data. For up to date news, keep an eye out for monetary reports and other press releases by the European Central Bank (ECB).
XRP, as a cryptocurrency, finds itself at a disadvantage because of its novelty as a technology. As legislators start paying more attention to the crypto scene, new regulations may go some way to raising XRP’s legitimacy, but they will also introduce restrictions to the network.
News
Gold price in 2024: geopolitical tensions and rate-cut expectations keep XAU/USD supported
Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.
07:56, 17 April 2024US Earnings Season : JP Morgan, Citigroup, Wells Fargo
The first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to expect from JP Morgan, Citigroup, and Wells Fargo's quarterly numbers.
16:03, 11 April 2024Reserve Bank of New Zealand Preview: Rates expected to remain on hold as inflation fight continues
The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, April 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.
09:22, 11 April 2024US CPI Preview: US inflation expected to grind lower amid fears about sticky prices
US CPI data is released on Wednesday, 10 April. We preview what to expect from the data, how it could influence US Federal Reserve policy, and analyse the NASDAQ (US Tech 100).
15:11, 9 April 2024How escalating geopolitical tensions are impacting oil markets
The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.
13:34, 4 April 2024A way forward: a roundup of recent central bank decisions
Five of the world’s most significant central banks delivered policy this week. We review the decisions and discuss their impact on the markets.
12:47, 22 March 2024Bank of Japan Preview: will the BOJ end negative interest rates?
The Bank of Japan meets on Tuesday 19th of March. We preview what to expect from the BOJ decision and how it might impact the USD/JPY and Nikkei 225.
08:44, 18 March 2024People also watch
Still looking for a broker you can trust?
Join the 610,000+ traders worldwide that chose to trade with Capital.com