Euro Converter - Version 1.0 Euro Converter is a free utility that will convert Euros to your Country's currency and vice versa. It works by getting the current exchange rates from the Internet so the rates are always up to date. The Euro is a relatively new kind of money and was introduced in 2002. It meant that traditional European Union currencies like the French franc disappeared. Many countries now use it instead of their own separate money and many sales, including by Internet, are in Euros so the Euro Converter makes it easy to convert to your currency so you know exactly what you are paying.