Understanding the euro exchange rate is crucial for businesses, travelers, and anyone involved in international finance. These rates, published daily by the European Central Bank (ECB), provide a benchmark of the euro’s value against other major world currencies. It’s important to note that these Euro Euro Rates are reference rates, intended for informational purposes and not recommended for transactional use.
Today’s Euro Reference Rates (February 28, 2025)
The European Central Bank typically updates these reference euro rates around 16:00 CET every working day, except on TARGET closing days. The rates are determined through a daily concertation procedure involving central banks across Europe, usually around 14:10 CET. Below are the latest euro exchange rates against a range of currencies, as of February 28, 2025.
| Currency | Currency Name | Spot Rate (Against EUR) | 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 Information Regarding Euro Rates
It is critical to understand that these euro foreign exchange reference rates are published purely for informational purposes. The ECB strongly discourages using these rates for transaction purposes. Market exchange rates can fluctuate throughout the day, and these reference rates are a snapshot at a specific time.
Furthermore, due to ongoing market conditions affecting EUR/RUB trading, the European Central Bank has suspended the publication of the euro reference rate for the Russian rouble until further notice. The last EUR/RUB reference rate was published on March 1, 2022.
Accessing Historical Euro Exchange Rate Data
For those needing more in-depth data, the ECB provides several resources. You can download the latest reference rates in various formats. For historical data, time series are available for import into spreadsheets, ensuring compatibility with programs using a dot “.” as a decimal separator (like UK or US formats).
Downloads:
Related Resources:
- ECB Data portal: Time series for bilateral exchange rates
- Learn more about exchange rates: What is the role of exchange rates?
