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Organization And Description Of The Trust
 12 Months Ended
Oct. 31, 2011
Organization And Description Of Trust [Abstract]  
Organization And Description Of The Trust
1. Organization and Description of the Trust

The CurrencyShares® Euro Trust (the "Trust") was formed under the laws of the State of New York on December 5, 2005 when Rydex Specialized Products LLC d/b/a "Rydex Investments" (the "Sponsor") deposited 100 euro in the Trust's primary deposit account held by JPMorgan Chase Bank, N.A., London Branch (the "Depository"). The Sponsor is a Delaware limited liability company whose sole member is Security Investors, LLC (also d/b/a "Rydex Investments"). The Sponsor is responsible for, among other things, overseeing the performance of The Bank of New York Mellon (the "Trustee") and the Trust's principal service providers, including the preparation of financial statements. The Trustee is responsible for the day-to-day administration of the Trust.

The investment objective of the Trust is for the Trust's shares (the "Shares") to reflect the price of the euro plus accrued interest less the Trust's expenses and liabilities. The Shares are intended to provide investors with a simple, cost-effective means of gaining investment benefits similar to those of holding euro. The Trust's assets primarily consist of euro on demand deposit in two deposit accounts maintained by the Depository: a primary deposit account which may earn interest and a secondary deposit account which does not earn interest. The secondary deposit account is used to account for any interest that may be received and paid out on creations and redemptions of blocks of 50,000 Shares ("Baskets"). The secondary account is also used to account for interest earned, if any, on the primary deposit account, pay Trust expenses and distribute any excess interest to holders of Shares ("Shareholders") on a monthly basis.

The accompanying audited financial statements were prepared in accordance with accounting principles generally accepted in the United States of America.