Ethereum units
Ether (ETH) is the most well-known unit of Ethereum and is typically used for larger transactions. For smaller amounts, there are sub-units such as Finney, Szabo, and Gwei. These units make it easier to represent small Ethereum values—for example, when calculating gas fees.
Overview and explanation of Ethereum units
Ether (ETH): ETH is the base unit of the Ethereum cryptocurrency. When people refer to “Ethereum,” they usually mean this unit.
Finney: One Finney equals 0.001 Ether (ETH), or one-thousandth of an Ether.
Szabo: One Szabo equals 0.000001 Ether (ETH), or one-millionth of an Ether.
Gwei (Gigawei): One Gwei equals 0.000000001 Ether (ETH), or one-billionth of an Ether. Gwei is a very small unit, commonly used to express gas fees on the Ethereum network.
Conversion table for Ethereum units
| Unit | Ether (ETH) | Description |
|---|---|---|
| Ether (ETH) | 1 | Base unit of the Ethereum network |
| Finney | 0.001 | 1 Finney is 1/1,000 of an Ether |
| Szabo | 0.000001 | 1 Szabo is 1/1,000,000 of an Ether |
| Gwei | 0.000000001 | 1 Gwei is 1/1,000,000,000 of an Ether |
Finney and Szabo are rarely used today, whereas Gwei has become the standard unit for calculating transaction (gas) fees on Ethereum.
What are gas fees on Ethereum?
In the Ethereum network, “gas” refers to the unit of computational effort required to perform transactions or execute smart contracts. Each operation consumes a specific amount of gas, with more complex actions requiring more gas.
Gas prices—usually denominated in Gwei—fluctuate depending on network demand.
Higher gas prices typically result in faster processing by validators. These fees serve as incentives for validators in Ethereum’s proof-of-stake system and help protect the network from spam and congestion.
Ethereum explained in a nutshell
Ethereum is the leading platform for decentralized applications and DeFi. At its core is the Ethereum Virtual Machine (EVM), which enables so-called smart contracts to run automatically without any central authority. Transactions are validated in a decentralized way by a global network of validators.
Where can I buy Ethereum for the lowest price?
OKX offers the lowest price for 1 Ethereum (ETH) at $1,870.31. Our calculator compares Ethereum prices from some of the most popular crypto exchanges, such as OKX, Kraken, Crypto.com and Bybit. ().
How does the Ethereum converter work?
Our Ethereum converter works very simply: in the first field of the converter, enter the amount in dollars that you want to convert to Ethereum (ETH). In the background, the current Ethereum exchange rate is queried and we calculate the exact conversion rate from USD to ETH based on this data.
You can of course also change the converter from US dollar to Ethereum to Ethereum to US dollar: Simply click on the small icon between the two input fields. If you want to change the cryptocurrency, simply click on the small arrow symbol next to the currently set currency in the input field of the converter. Now an overlay opens in which you can select the desired cryptocurrency/crypto converter.
In addition, our converters provide you with comprehensive exchange rate tables with the most popular exchange units and show you the lowest prices for Ethereum (ETH) on the most popular crypto exchanges. Not only can you find all conversion rates of Ethereum, but also the best price.
“What if?” – Profit calculator for Ethereum
What if I had invested in Ethereum? Many people ask themselves this question, especially when ETH prices are rising. With our profit calculator, you can use the historical prices to see whether an investment in Ethereum would have been worthwhile for you and how it would have developed.
Step-by-step: Calculate profit from Ethereum
Amount invested: First enter your investment amount in dollars. This is the amount that you would notionally have invested or have actually invested.
Date of purchase: Then select the month and year in which you bought or would buy Ethereum from the drop-down menu. This allows our calculator to use the exact historical price for your calculation.
Calculate profit: By clicking on the “Calculate profit” button, our tool will determine your potential profit or loss based on the historical prices of ETH.
Result: As a result, you will not only get an estimate of your potential profit or loss for the selected period, but also the total amount, which includes your original investment amount.
Example of how to use our profit calculator:
Suppose you consider what it would have been like if you had bought Ethereum for 1,000 dollars in January 2022. Let's assume that the price for Ethereum at that time was 1 dollar per ETH. This means you would have received 1,000 ETH for your investment. If the price today was 150 dollars per ETH, your initial investment of 1,000 dollars would now be worth 150,000 dollars.
You can use our profit calculator to run through different investment scenarios in Ethereum and develop a better understanding of how your investment could perform under volatile market conditions. It is essential to consider different possible outcomes in order to get a realistic picture of potential investment outcomes.
Please note that these simulations are not intended as investment advice or recommendations . In addition, always be aware that past price developments are no guarantee for the future.
Where does the data for the conversion come from?
We receive our data for the conversion from CoinGecko. These are automatically updated at 15-minute intervals so that you always have the most up-to-date and accurate Ethereum exchange rate. CoinGecko is an extremely reliable data provider and is used by countless industry giants.
How is the exchange rate of Ethereum to US dollar determined?
The exchange rate or conversion rate of Ethereum (ETH) to US dollar is determined by supply and demand on crypto exchanges. On these exchanges, users can buy or sell Ethereum, with the rate determined by recent transactions. If more people want to buy Ethereum than sell, the price rises. If more people want to sell than buy, the price falls. In addition, the price can be influenced by external factors such as regulatory news, market sentiment and global economic conditions.
The exchange rate of Ethereum and other cryptocurrencies is generally subject to strong fluctuations, also known as volatility. This high volatility is also due to the comparatively low market cap and the trading volume of cryptocurrencies, particularly in comparison to traditional asset classes such as gold, equities or ETFs.
Frequently asked questions about the Ethereum calculator
How much is 1 ETH (Ethereum) in US dollar?
1 Ethereum (ETH) currently costs $1,856.65. Over the past 24 hours, the US dollar price of Ethereum (ETH) is down 5.4%, with a trading volume of $11.80B.
How much is 0.1 ETH (Ethereum) in US dollar?
0.1 Ethereum (ETH) currently costs $185.66. Over the past 24 hours, the US dollar price of Ethereum (ETH) is down 5.4%, with a trading volume of $11.80B.
What is the lowest price for 1 Ethereum (ETH)?
OKX offers the lowest price for 1 Ethereum (ETH) at $1,870.31. Our calculator compares Ethereum prices from some of the most popular crypto exchanges, such as OKX, Kraken, Crypto.com and Bybit.
How much has the price of Ethereum changed?
The price of Ethereum is down 20.6% in the last month. Ethereum (ETH) is down 40.5% over the past year. The last all-time high of $4,946.05 was reached on .
How much is 100 US dollar in ETH (Ethereum)?
100 US dollar are currently worth 0.054 ETH. Over the past 24 hours, the US dollar price of Ethereum (ETH) is down 5.4%, with a trading volume of $11.80B.
How much is 1,000 US dollar in ETH (Ethereum)?
1,000 US dollar are currently worth 0.54 ETH. Over the past 24 hours, the US dollar price of Ethereum (ETH) is down 5.4%, with a trading volume of $11.80B.
How can I exchange US dollar for Ethereum (ETH)?
The easiest way to exchange US dollar for Ethereum is via one of the many crypto exchanges. After registering and verifying your account, you can deposit US dollar and exchange them for Ethereum. To find the right exchange for you, we recommend our comparison of crypto exchanges.