Understanding EUR Exchange Rate: Daily Reference Rates and Key Insights

The euro foreign exchange reference rates are essential for anyone tracking currency values against the Euro. Published by the European Central Bank (ECB), these rates are updated typically at around 16:00 CET every working day, except on TARGET closing days. These rates are derived from a daily concertation procedure among European central banks, usually taking place around 14:10 CET. It’s important to note that these reference rates are provided purely for informational purposes. Their use for transactional purposes is strongly discouraged.

Daily EUR Exchange Rates – March 4, 2025

Below are the reference rates for currencies quoted against the euro (base currency) for March 4, 2025:

Currency Currency Name Spot Rate Chart
USD US dollar 1.0557
JPY Japanese yen 156.50
BGN Bulgarian lev 1.9558
CZK Czech koruna 25.025
DKK Danish krone 7.4589
GBP Pound sterling 0.82788
HUF Hungarian forint 398.93
PLN Polish zloty 4.1593
RON Romanian leu 4.9769
SEK Swedish krona 11.0995
CHF Swiss franc 0.9371
ISK Icelandic krona 146.30
NOK Norwegian krone 11.8080
TRY Turkish lira 38.4845
AUD Australian dollar 1.6919
BRL Brazilian real 6.2132
CAD Canadian dollar 1.5224
CNY Chinese yuan renminbi 7.6614
HKD Hong Kong dollar 8.2056
IDR Indonesian rupiah 17328.15
ILS Israeli shekel 3.8177
INR Indian rupee 91.9903
KRW South Korean won 1537.13
MXN Mexican peso 21.9418
MYR Malaysian ringgit 4.7153
NZD New Zealand dollar 1.8720
PHP Philippine peso 60.797
SGD Singapore dollar 1.4151
THB Thai baht 35.582
ZAR South African rand 19.5569

It is important to understand the context of these rates. The ECB sets these Eur Exchange Rate reference rates based on the concertation procedure to provide a daily benchmark. The ‘Spot’ column indicates the exchange rate of each currency against the euro. For instance, on March 4, 2025, 1 euro was equivalent to 1.0557 US dollars. The ‘Chart’ column, where available, links to a graph illustrating the historical trend of that particular eur exchange rate.

Due to ongoing market conditions affecting EUR/RUB trading, the ECB has suspended the publication of the eur exchange rate for the Russian rouble since March 1, 2022. This suspension remains until further notice, reflecting the ECB’s inability to determine a representative reference rate under the current circumstances.

For users interested in downloading the data, the ECB provides options for accessing the latest reference rates and downloading historical data in PDF or CSV formats. These resources are available under the “Downloads” section, ensuring users can access and utilize the eur exchange rate data as needed.

Downloads

Access the Latest Reference Rates

Stay up-to-date with the most recent eur exchange rate figures.

Download Daily Exchange Rates in PDF

Download a PDF document containing the exchange rates for a specific day.

Explore Time Series Data

For in-depth analysis, time series data is available for import into spreadsheets. Ensure your spreadsheet settings use a dot “.” as a decimal separator for CSV compatibility.

Related Information

For further exploration, refer to the ECB Data portal for Time series for bilateral exchange rates.

LEARN MORE about the role of exchange rates with this explainer: What is the role of exchange rates?

This information aims to provide a clear and comprehensive overview of the daily eur exchange rate reference rates published by the ECB, emphasizing their informational purpose and providing resources for further data exploration.

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