Converting United States Dollars (USD) to Euros (EUR) and vice versa is a common need for travelers, businesses, and anyone dealing with international transactions. Understanding the current exchange rate is crucial to ensure you get the best value when converting your money. Our currency converter provides up-to-date exchange rates, allowing you to easily calculate the value of USD to EUR and many other currencies. Currency codes are standardized by ISO 4217:2015, represented by a three-letter alphabetic code for clarity.
| 1 USD | = | 0.9605 EUR |
|---|---|---|
| US dollar | ↔ | Euro |
| 1 USD = 0.9605 EUR | 1 EUR = 1.0411 USD | |
| ECB Exchange rates: 2025-02-28 14:56:58 |
When making international money transfers, it’s important to be aware of hidden costs. Banks often include a margin in the exchange rate and charge additional fees, making international transfers more expensive than they need to be. For a cost-effective solution, consider Wise (formerly TransferWise). Using Wise for a 1000 EUR to USD transfer can cost as little as 4 EUR, significantly less than the typical 28 EUR charged by traditional banks.
Understanding Cross Currency Rates
Currency exchange rates are often quoted against a domestic currency, but cross currency rates are essential when dealing with two currencies where neither is the base currency. For example, a cross rate in the United States would be any exchange rate between two currencies other than the U.S. Dollar, such as EUR to GBP. These cross rates are calculated from the individual exchange rates of each currency against a common currency, often the USD.
| EUR | USD | GBP | CHF | CAD | AUD | JPY |
|---|---|---|---|---|---|---|
| EUR | 1 | 1.0411 | 0.8261 | 0.9394 | 1.5019 | 1.6741 |
| USD | 0.9605 | 1 | 0.7935 | 0.9023 | 1.4426 | 1.6080 |
| GBP | 1.2105 | 1.2603 | 1 | 1.1372 | 1.8181 | 2.0266 |
| CHF | 1.0645 | 1.1083 | 0.8794 | 1 | 1.5988 | 1.7821 |
| CAD | 0.6658 | 0.6932 | 0.5500 | 0.6255 | 1 | 1.1147 |
| AUD | 0.5973 | 0.6219 | 0.4934 | 0.5611 | 0.8971 | 1 |
| JPY | 0.0064 | 0.0066 | 0.0053 | 0.0060 | 0.0096 | 0.0107 |
This currency converter updates its rates daily, utilizing central bank data updated between 2:15 p.m. and 3:00 p.m. CET. For automated currency conversion, explore our currency converter API, offering live updates for over 150 currencies to integrate into your systems.
