Convert and Swap Hedera HBAR to Euro EUR

HBAR/EUR: 1 Hedera equals €0.0393 EUR

Last update: 7:58 AM, November 4, 2024

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Hedera is falling this week.

The current price of Hedera is €0.0393 per HBAR. With a circulating supply of 37,679,928,375.868 HBAR, it means that Hedera has a total market cap of €1,480,669,857.65. The amount of Hedera traded has risen by €19,563,111.15 in the last 24 hours, which is a 42.21% increase. Additionally, in the last day, €46,343,643.46 worth of HBAR has been traded.

€1.5B
€46.3M
37.7B HBAR

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About Hedera

HBAR is the native token of Hedera, an enterprise-grade public network. The network utilizes Hashgraph, which is an alternative type of distributed ledger to blockchain. HBAR tokens are used to pay for transaction gas fees on the network.

Hedera, also known as Hedera Hashgraph, is a public network that aims to provide a more efficient and fairer system for the decentralized economy. It is designed to overcome the limitations of older blockchain-based platforms, such as slow performance and instability. Hedera's native cryptocurrency, HBAR, serves a dual role within the network. It powers Hedera services like smart contracts and file storage, and it also helps secure the network as users can stake their tokens to assist with maintaining the platform's integrity. Hedera is not a traditional blockchain but introduces a novel type of distributed ledger technology known as a Hashgraph. This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability.

Hedera operates on a Proof of Stake (PoS) model, which is designed to increase the efficiency of transaction verification in the network, provide a high level of security, and protect the network from hacker attacks. Its ecosystem is based on the underlying hashgraph consensus algorithm and a global enterprise governing body. Hedera uses a new consensus algorithm called hashgraph, which aims to process and execute transactions faster, eliminate delays, and smooth out the transactions per second (TPS) indicator. One of the most noticeable features of the network is the Gossip-about-Gossip protocol, where nodes randomly transmit data about themselves to other nodes via hashgraph. This forms a certain data structure consisting of a payload of transactions, a timestamp, a digital signature, and hashes to the previous structures.

Hedera aims to increase the speed of transactions and is also focused on high-volume operations such as micropayments, data integrity, and tokenization. It maintains a virtual machine that writes smart contracts in the Solidity programming language and offers a set of built-in KYC and AML checks. Hedera's potential use cases extend to various sectors, including financial markets, matching engines, supply chain negotiations, and more. It also enables the creation and management of tokens, making it a suitable platform for tokenization of real-world and digital assets. Furthermore, Hedera's low energy consumption and commitment to being a carbon-negative public network make it a sustainable choice for building applications.

Hedera was founded by Dr. Leemon Baird and Mance Harmon. Dr. Baird, the inventor of the hashgraph distributed consensus algorithm, currently serves as Hedera's chief scientist. Mance Harmon, an experienced technology executive and seasoned entrepreneur, is Hedera’s CEO. The platform was funded through an initial coin offering (ICO) in August 2018 and launched open access to its mainnet in September 2019. Hedera Hashgraph has a decentralized governance system, with all critical decisions about pricing policy, software updates, and wealth management made by the Governing Council. The council consists of up to 39 highly diversified organizations that span across up to 11 different industries.

How Hedera and Euro differ

Hedera, also known as Hedera Hashgraph, is a public network that seeks to provide a more efficient and equitable system for the decentralized economy, striving to overcome the limitations of older blockchain-based platforms. Its native cryptocurrency, HBAR, powers services like smart contracts and file storage, and aids in securing the network. Unlike the Euro, a traditional fiat currency regulated by central banks, Hedera operates on a Proof of Stake model, aiming to increase transaction verification efficiency and security. Hedera's potential use cases extend to various sectors, including financial markets and supply chain negotiations, and it enables the creation and management of tokens. In contrast, the Euro is primarily used for traditional transactions and savings within the Eurozone. Hedera's low energy consumption and commitment to being a carbon-negative public network make it a sustainable choice for building applications, a feature not applicable to the Euro. Hedera was founded by Dr. Leemon Baird and Mance Harmon and is governed by a council of diversified organizations, while the Euro is managed by the European Central Bank and the Eurosystem.

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HBAR to Euro conversion tables

The exchange rate of Hedera is decreasing.

The current value of 1 HBAR is €0.04 EUR. In other words, to buy 5 Hedera, it would cost you €0.20 EUR. Inversely, €1.00 EUR would allow you to trade for 25.47 HBAR while €50.00 EUR would convert to 1,273.44 HBAR, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 11.5%. Meanwhile, in the last 24 hours, the rate has changed by 1.89%, and that the the highest exchange rate of 1 HBAR to Euro was €0.0403 EUR and the lowest 24 hour value was 1 HBAR for €0.0384 EUR. This time last month, the value of 1 HBAR was €0.05 EUR, which is a 18.3% increase from where it is now. Looking back a year, Hedera has changed by €0.05 EUR. That means that in a single year, the value of Hedera has shrank by 23.07%.

HBAR to EUR performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
€0.0402 EUR
-1.89%
€0.0450 EUR
-11.50%
€0.0473 EUR
-18.30%
€0.0519 EUR
-23.07%

HBAR to EUR

Amount
Today at 7:58 am
0.5 HBAR
€0.0196
1 HBAR
€0.0393
5 HBAR
€0.1963
10 HBAR
€0.3926
50 HBAR
€1.9632
100 HBAR
€3.9264
500 HBAR
€19.6319
1,000 HBAR
€39.2637

EUR to HBAR

Amount
Today at 7:58 am
0.5 EUR
12.73 HBAR
1 EUR
25.47 HBAR
5 EUR
127.34 HBAR
10 EUR
254.69 HBAR
50 EUR
1,273.44 HBAR
100 EUR
2,546.88 HBAR
500 EUR
12,734.40 HBAR
1,000 EUR
25,468.81 HBAR

Today vs. 24 hours ago

Amount
Today at 7:58 am
24 hours ago
24H Change
0.5 HBAR
€0.0196
€0.0200
-1.95%
1 HBAR
€0.0393
€0.0400
-1.95%
5 HBAR
€0.20
€0.20
-1.95%
10 HBAR
€0.39
€0.40
-1.95%
50 HBAR
€1.96
€2.00
-1.95%
100 HBAR
€3.93
€4.00
-1.95%
500 HBAR
€19.63
€20.02
-1.95%
1,000 HBAR
€39.26
€40.04
-1.95%

Today vs. 1 month ago

Amount
Today at 7:58 am
1 months ago
1M Change
0.5 HBAR
€0.0196
€0.0239
-18.02%
1 HBAR
€0.0393
€0.0479
-18.02%
5 HBAR
€0.20
€0.24
-18.02%
10 HBAR
€0.39
€0.48
-18.02%
50 HBAR
€1.96
€2.39
-18.02%
100 HBAR
€3.93
€4.79
-18.02%
500 HBAR
€19.63
€23.95
-18.02%
1,000 HBAR
€39.26
€47.89
-18.02%

Today vs. 1 year ago

Amount
Today at 7:58 am
1 year ago
1Y Change
0.5 HBAR
€0.0196
€0.0256
-23.19%
1 HBAR
€0.0393
€0.0511
-23.19%
5 HBAR
€0.20
€0.26
-23.19%
10 HBAR
€0.39
€0.51
-23.19%
50 HBAR
€1.96
€2.56
-23.19%
100 HBAR
€3.93
€5.11
-23.19%
500 HBAR
€19.63
€25.56
-23.19%
1,000 HBAR
€39.26
€51.12
-23.19%

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