The cryptocurrency market closed out 2021 with significant momentum, and Bitcoin (BTC) remained a central focus for investors worldwide. On December 31, 2021, Bitcoin’s value against the Euro (EUR) reflected the year’s volatile yet bullish trends. This article provides a detailed look at the BTC to EUR exchange rate on that pivotal date, offering accurate conversion figures, historical context, and insights into market behavior.
Whether you're reviewing past investments, analyzing financial data, or comparing cryptocurrency performance, understanding this specific exchange rate can offer valuable perspective.
Bitcoin to Euro Conversion Rates – December 31, 2021
On Friday, December 31, 2021, the exchange rate for Bitcoin to Euro was firmly established at:
1 BTC = 40,630.61 EUR
This rate illustrates the purchasing power of Bitcoin at the close of a landmark year for digital assets. Below is a breakdown of common BTC amounts converted into Euros based on the day’s exchange rate:
- 0.0001 BTC = 4.06 EUR
- 0.001 BTC = 40.63 EUR
- 0.01 BTC = 406.31 EUR
- 0.1 BTC = 4,063.06 EUR
- 1 BTC = 40,630.61 EUR
- 5 BTC = 203,153.05 EUR
- 10 BTC = 406,306.11 EUR
For larger holdings:
- 50 BTC = 2,031,530.53 EUR
- 100 BTC = 4,063,061.06 EUR
- 1,000 BTC = 40,630,610.62 EUR
These figures are essential for traders evaluating portfolio valuations, tax reporting, or long-term investment returns as of year-end 2021.
👉 Discover how historical crypto data can inform future trading strategies with real-time tools.
Market Context: Bitcoin in Late 2021
December 2021 marked a turning point in Bitcoin’s journey. After reaching an all-time high above $68,000 in November, BTC entered a correction phase by year-end. Despite cooling from its peak, investor interest remained strong across Europe and globally.
The Eurozone saw increased adoption of cryptocurrency through regulated exchanges and fintech platforms. As institutional participation grew, so did demand for reliable fiat-to-crypto conversion data—especially during key financial periods like year-end closing.
Bitcoin’s price in Euros on December 31 reflected both profit-taking after the November surge and steady holding behavior among long-term investors. Market analysts noted that trading volumes were slightly lower than average on that Friday, likely due to holiday closures across major European financial centers.
Why This Exchange Rate Matters
Historical exchange rates serve more than just nostalgic or academic purposes—they play critical roles in:
- Tax compliance: Many European countries require capital gains calculations using specific valuation methods, often based on year-end rates.
- Financial audits: Businesses holding crypto assets must report their value in local currency at fiscal year close.
- Investment analysis: Comparing BTC’s performance across quarters or years helps refine trading strategies.
For example, someone who held 2 BTC at the start of 2021 and sold them on December 31 would have realized a substantial gain, as Bitcoin opened the year around €28,000–€30,000.
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These keywords naturally align with common search queries related to crypto valuation and financial reporting.
Frequently Asked Questions
What was the exact Bitcoin to Euro exchange rate on December 31, 2021?
The exchange rate on that date was 1 BTC = 40,630.61 EUR. This figure is widely cited in financial databases and used for tax and accounting purposes in Eurozone countries.
Can I use this data for tax reporting?
Yes, many tax authorities accept reputable sources of historical crypto prices. Always cross-reference with official guidelines from your national revenue agency (e.g., Germany’s BZSt or France’s DGFiP).
How does this compare to Bitcoin’s all-time high?
Bitcoin reached its nominal peak in early November 2021 near $69,000 (approximately €59,000 at the time). By December 31, the price had cooled but still represented a strong finish to a record-breaking year.
Was trading active on December 31, 2021?
Trading volume was moderately lower than average due to the New Year holiday period. However, major exchanges remained operational, ensuring liquidity and accurate price discovery.
How can I verify historical crypto prices?
Reliable sources include blockchain analytics platforms, financial data providers, and regulated exchanges that publish end-of-day rates. Always use multiple references to confirm accuracy.
Did Bitcoin close higher in 2021 compared to 2020?
Absolutely. At the end of 2020, Bitcoin traded around €29,000. Closing 2021 near €40,630 represented a year-over-year increase of over 40%, despite heightened volatility.
Looking Beyond Historical Data
While past performance doesn't guarantee future results, studying moments like the December 31, 2021 close helps build a deeper understanding of market cycles. Investors who tracked these trends were better positioned to navigate the bear market of 2022 and the recovery phases that followed.
Understanding fiat conversions—especially between dominant cryptocurrencies like Bitcoin and major global currencies like the Euro—is crucial for anyone involved in digital asset management.
Final Thoughts
The Bitcoin to Euro exchange rate on December 31, 2021—40,630.61 EUR per BTC—stands as a benchmark moment in crypto history. It captures a period of mainstream recognition, regulatory evolution, and growing integration between traditional finance and decentralized digital assets.
As the world continues to adopt blockchain technology, maintaining access to accurate historical data ensures transparency, accountability, and smarter decision-making for individuals and institutions alike.
Whether you're reflecting on past investments or preparing for future opportunities, knowing where Bitcoin stood at key points—like the final day of 2021—adds clarity and confidence to your financial journey.