Navigating the complexities of international finance requires up-to-date information, and one crucial element is understanding foreign exchange rates. Euro Stats, specifically the daily euro foreign exchange reference rates, provide a vital benchmark for currency values against the euro. These rates, published by the European Central Bank (ECB), are updated around 16:00 CET every working day, except on TARGET closing days. Based on a daily concertation procedure among European central banks occurring around 14:10 CET, these figures offer a snapshot of the euro’s standing in the global market. It’s important to note that these reference rates are purely for informational purposes and should not be used for transactional activities.
Euro Exchange Rates on February 28, 2025
Below are the latest euro stats detailing the foreign exchange reference rates as of February 28, 2025. All currencies are quoted against the euro, which serves as the base currency.
| 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 |
It’s important to recognize that global events can impact currency exchange. Currently, due to unusual trading activity in the EUR/RUB market, the ECB has suspended setting a reference rate for the Russian rouble. This suspension, effective since March 1, 2022, highlights how market conditions can affect the availability of these euro stats for certain currencies.
Accessing Euro Stats and Historical Data
For those needing to delve deeper into euro stats, the ECB provides several resources.
Download Options
- Latest Reference Rates: Stay updated with the most recent exchange rates.
- Historical Data: Download exchange rates for a specific day in PDF format.
- Time Series: Access comprehensive time series data, downloadable as CSV files. Ensure your spreadsheet settings use a dot “.” as a decimal separator for proper import (e.g., UK or US format).
These download options provide flexibility for users to access and analyze euro stats according to their specific needs, whether it’s tracking daily fluctuations or examining long-term trends.
Further Insights into Euro Stats
For more detailed exploration, the ECB Data portal offers extensive time series data for bilateral exchange rates. This resource is invaluable for in-depth analysis and research.
Explore the ECB Data Portal: Time series for bilateral exchange rates
Learn more about exchange rates: What is the role of exchange rates?
Understanding euro stats is crucial for anyone involved in international business, finance, or simply tracking global economic indicators. The ECB’s daily reference rates provide a reliable and readily accessible resource for this essential information.
