The euro to dollar exchange rate is a crucial indicator reflecting the economic relationship between Europe and the United States. For individuals and businesses alike, understanding this rate is essential when converting Euros to US Dollars (EUR/USD) or US Dollars to Euros (USD/EUR). Financial institutions and currency exchange services typically apply a small fee on top of the exchange rate for these transactions, and these fees can vary. The euro dollar exchange rate is dynamic and subject to constant fluctuations. Below, you’ll find the latest euro to dollar exchange rate, empowering you to make informed decisions about currency conversions.
Euro Dollar Exchange Rate
- Last rate: 1.0378
- Last update: 04:53
- Change: 0.0000
- Change %: 0.00%
- Open: 1.0378
- Previous Close: 1.0378
- Daily High (delayed): 1.0378
- Daily Low (delayed): 1.0375
- Yearly High: 1.1208
- Yearly Low: 1.0244
Euro Dollar History
Period Update
- Date | 1 € = Units
- —–|———–
- 28-02-2025 | 1.0378
- 27-02-2025 | 1.0395
- 26-02-2025 | 1.0488
- 25-02-2025 | 1.0522
- 24-02-2025 | 1.0461
- 23-02-2025 | 1.0474
- 22-02-2025 | 1.0465
- 21-02-2025 | 1.0465
- 20-02-2025 | 1.0500
- 19-02-2025 | 1.0420
- 18-02-2025 | 1.0448
- 17-02-2025 | 1.0484
- 16-02-2025 | 1.0489
- 15-02-2025 | 1.0498
- 14-02-2025 | 1.0498
- 13-02-2025 | 1.0461
- 12-02-2025 | 1.0391
- 11-02-2025 | 1.0364
- 10-02-2025 | 1.0301
- 09-02-2025 | 1.0311
- 08-02-2025 | 1.0332
- 07-02-2025 | 1.0332
- 06-02-2025 | 1.0385
- 05-02-2025 | 1.0400
- 04-02-2025 | 1.0372
- 03-02-2025 | 1.0327
- 02-02-2025 | 1.0247
Understanding the Euro Dollar Exchange Rate
The euro to dollar rate represents the value of the euro in terms of the US dollar. It indicates how many US dollars are needed to buy one euro. Conversely, it also reflects the dollar’s value against the euro. When you exchange dollars to euros (USD to EUR) or euros to dollars (EUR to USD) at banks or exchange bureaus, remember that the actual rate you receive might include a small commission or fee on top of the quoted exchange rate. These fees differ among various exchange services.
The euro-dollar exchange rate is not fixed; it fluctuates based on a multitude of economic factors. Staying informed about the current dollar euro exchange rate is vital to determine the most advantageous time to convert dollars to euros or euros to dollars, whether for travel, international transactions, or investment purposes.
It’s worth noting some interesting facts about the currencies involved:
The US dollar, the official currency of the United States, has been in circulation since 1785. Its global significance grew immensely after World War II, largely due to the United States’ prominent role in the conflict and the subsequent global economic order. Notably, the prices of major commodities like oil and gold are typically denominated in US dollars, underscoring its international importance.
However, the dollar’s strength has faced periods of pressure, particularly during economic recessions and times of increasing US national debt. Recently, the euro to dollar exchange rate, or USD/EUR ratio, has appeared to become more favorable for the euro, suggesting a shift in relative values. Furthermore, the dynamics of converting euros to dollars and vice versa are increasingly influenced by the rise of other global currencies, such as the Chinese Yuan, indicating a more multi-polar currency world. The euro-dollar relationship remains profoundly significant, especially as more European nations adopt the euro as their official currency, solidifying the Eurozone’s economic integration.
In conclusion, monitoring the euro to dollar exchange rate is essential for anyone involved in international finance, travel between the Eurozone and the US, or simply for those interested in global economics. Understanding the factors that influence this rate can empower you to make informed financial decisions and navigate the complexities of international currency exchange.
