Converting United States Dollars (USD) to Euros (EUR) is a common need for travelers, businesses, and anyone dealing with international transactions. Understanding the exchange rate and having a reliable converter at your fingertips is essential. Our currency converter provides up-to-date exchange rates, allowing you to easily calculate the value of your dollars in euros and vice versa. We utilize cross rates to ensure accuracy across a wide range of currencies, all based on the ISO 4217:2015 standard for currency codes.
| 1 USD | = | 0.9472 EUR |
|---|---|---|
| US dollar | ↔ | Euro |
| 1 USD = 0.9472 EUR | 1 EUR = 1.0557 USD | |
| ECB Exchange rates: 2025-03-04 14:57:22 |
Navigating international money transfers can often be costly due to unfavorable exchange rates and hidden fees imposed by traditional banks. When you send or receive money internationally through a bank, these hidden charges embedded within the exchange rate can significantly reduce the amount you send or receive. For a more cost-effective solution, consider Wise (formerly TransferWise). Wise typically offers much lower fees and more transparent exchange rates. For instance, transferring 1000 EUR to USD with Wise could cost as little as 4 EUR, whereas a bank might charge around 28 EUR for the same transaction.
Understanding Cross Currency Rates
Cross currency rates play a vital role in currency conversion, especially when dealing with currencies outside of a country’s domestic currency. In essence, a cross rate is an exchange rate between two currencies, neither of which is the official currency of the country providing the quote. For example, within the United States, any exchange rate between two currencies that are not the U.S. Dollar (USD) would be considered a cross rate.
| EUR | USD | GBP | CHF | CAD | AUD | JPY |
|---|---|---|---|---|---|---|
| EUR | 1 | 1.0557 | 0.8279 | 0.9371 | 1.5224 | 1.6919 |
| USD | 0.9472 | 1 | 0.7842 | 0.8877 | 1.4421 | 1.6026 |
| GBP | 1.2079 | 1.2752 | 1 | 1.1319 | 1.8389 | 2.0437 |
| CHF | 1.0671 | 1.1266 | 0.8834 | 1 | 1.6246 | 1.8055 |
| CAD | 0.6569 | 0.6934 | 0.5438 | 0.6155 | 1 | 1.1113 |
| AUD | 0.5911 | 0.6240 | 0.4893 | 0.5539 | 0.8998 | 1 |
| JPY | 0.0064 | 0.0067 | 0.0053 | 0.0060 | 0.0097 | 0.0108 |
This table provides a matrix of cross currency rates for major global currencies including EUR, USD, GBP, CHF, CAD, AUD, and JPY. For example, to find the cross rate between EUR and AUD, you would look at the intersection of the EUR row and the AUD column, which shows that 1 EUR is equivalent to 1.6919 AUD. Similarly, to convert from AUD to EUR, you would use the reciprocal rate.
Our currency converter is updated daily using central bank data, ensuring you receive the most current exchange rates available. For those needing real-time, automated updates, explore our currency converter API which offers live data feeds for over 150 currencies, ideal for integrating directly into your own systems.
* Exchange rates are based on central bank data, updated daily between 2:15 p.m. and 3:00 p.m. CET.
By using our dollar to euro converter and understanding cross currency rates, you can make informed decisions about your international money transfers and currency exchanges. Remember to consider services like Wise for potentially saving money on international transactions.
