Understanding euro foreign exchange rates is crucial whether you’re a seasoned investor, a business dealing with international transactions, or an individual planning a trip abroad and looking to Sell Euro Currency. These rates, particularly the reference rates published by the European Central Bank (ECB), serve as important benchmarks in the currency exchange market.
The reference rates provided here are typically updated around 16:00 CET on every working day, except on TARGET closing days. This timing follows the daily concertation procedure among central banks across Europe, which usually occurs around 14:10 CET. It’s important to note that these rates are published solely for informational purposes. While they reflect the average exchange rates, using them directly for transaction purposes is generally discouraged as market rates may vary.
Latest Exchange Rates: 28 February 2025
Below is a table presenting the latest euro foreign exchange reference rates against a variety of global currencies. These rates indicate how much of each currency one euro could buy on February 28, 2025.
| Currency | Currency Name | Spot Rate | Chart |
|---|---|---|---|
| USD | US dollar | 1.0411 | |
| JPY | Japanese yen | 156.96 | |
| BGN | Bulgarian lev | 1.9558 | |
| CZK | Czech koruna | 25.029 | |
| DKK | Danish krone | 7.4583 | |
| GBP | Pound sterling | 0.82608 | |
| HUF | Hungarian forint | 399.50 | |
| PLN | Polish zloty | 4.1503 | |
| RON | Romanian leu | 4.9768 | |
| SEK | Swedish krona | 11.1880 | |
| CHF | Swiss franc | 0.9394 | |
| ISK | Icelandic krona | 145.70 | |
| NOK | Norwegian krone | 11.7245 | |
| TRY | Turkish lira | 38.0186 | |
| AUD | Australian dollar | 1.6741 | |
| BRL | Brazilian real | 6.0712 | |
| CAD | Canadian dollar | 1.5019 | |
| CNY | Chinese yuan renminbi | 7.5782 | |
| HKD | Hong Kong dollar | 8.0980 | |
| IDR | Indonesian rupiah | 17228.17 | |
| ILS | Israeli shekel | 3.7457 | |
| INR | Indian rupee | 90.9710 | |
| KRW | South Korean won | 1519.92 | |
| MXN | Mexican peso | 21.2191 | |
| MYR | Malaysian ringgit | 4.6459 | |
| NZD | New Zealand dollar | 1.8579 | |
| PHP | Philippine peso | 60.355 | |
| SGD | Singapore dollar | 1.4037 | |
| THB | Thai baht | 35.567 | |
| ZAR | South African rand | 19.1917 |
Important Note on EUR/RUB
Due to ongoing market conditions affecting the EUR/RUB trading pair, the European Central Bank has suspended the publication of the euro reference rate for the Russian rouble. This suspension is in place until further notice, reflecting the ECB’s inability to set a representative reference rate under the current circumstances. The last published EUR/RUB reference rate was on 1 March 2022.
Accessing Historical Data and Further Information
For those looking to delve deeper into historical data or require exchange rates for specific dates, the ECB provides several download options. You can access the latest reference rates through the provided links, download PDF documents containing exchange rates for a specific day, or explore time series data. Time series data is available in CSV format, which can be easily imported into spreadsheet software, ensuring compatibility by using a dot “.” as a decimal separator (common in UK or US formats).
For more comprehensive data and analysis, the ECB Data portal offers time series for bilateral exchange rates. To understand more about the broader context of exchange rates and their role in the economy, the ECB also provides an explainer: What is the role of exchange rates?. This resource is particularly helpful for those who are not experts in finance but want to understand the significance of these rates when they sell euro currency or engage in other financial activities involving the Eurozone.
