Understanding the Euro exchange rate (EUR ex rate) is crucial for businesses, travelers, and anyone involved in international finance. These rates, representing the value of the Euro against other world currencies, fluctuate constantly due to a myriad of economic factors. This page provides the latest reference rates for the Euro, updated daily by the European Central Bank (ECB). Below, you’ll find a comprehensive table detailing the EUR ex rate against a range of currencies, offering a snapshot of the market as of 28 February 2025.
Decoding Euro Reference Rates
The reference rates published here are set by the ECB and are based on a daily concertation procedure involving central banks across Europe. This process typically concludes around 14:10 CET, and the rates are officially updated and published at approximately 16:00 CET every working day, except on TARGET closing days. It’s important to note that these Euro exchange rates are provided for informational purposes. While they offer a valuable benchmark of currency values, the ECB strongly advises against using these reference rates for transactional purposes, as actual transaction rates may vary.
Daily Euro Exchange Rates – February 28, 2025
Below is the table showing the EUR ex rate for 28 February 2025. All rates are quoted against the Euro, which serves as the base currency.
Note: Click on the currency or chart icon to access more detailed information and historical data for each EUR ex rate.
Important Notice: EUR/RUB Exchange Rate
Due to the ongoing market conditions affecting the EUR/RUB (Russian Ruble) trading pair, the European Central Bank has currently suspended the publication of a representative reference rate. This is because current trading activity does not allow for the determination of a rate that accurately reflects prevailing market conditions. The last published Euro exchange rate for the Russian Ruble was on 1 March 2022. The ECB will reassess this situation and provide updates as they become available.
Accessing Historical Euro Exchange Rate Data
For users needing historical Euro exchange rate data, the ECB provides several download options:
- Latest Reference Rates: Download the most recent rates in various formats.
- Specific Day’s Rates (PDF): Obtain a PDF document containing the exchange rates for a particular date.
- Time Series Data (CSV): Access historical data in CSV format, suitable for importing into spreadsheet software. When importing CSV files, ensure your software uses a dot (“.”) as the decimal separator, which is standard in UK and US formats.
These resources allow you to track Euro exchange rate trends and perform your own analysis.
Further Resources and Information
For more in-depth data and analysis, you can visit the ECB Data portal to access time series data for bilateral exchange rates.
To understand more about the role and significance of exchange rates in the broader economy, check out the ECB’s explainer: What is the role of exchange rates?. This resource provides valuable context and helps demystify the complexities of currency exchange.
By providing these resources, we aim to keep you informed about the latest Euro exchange rate and provide tools for both current and historical analysis. Check back daily for the most up-to-date reference rates.
