The euro foreign exchange reference rates are a vital benchmark for understanding currency values against the euro. These rates are meticulously updated at approximately 16:00 CET each working day, excluding TARGET closing days. This consistent schedule ensures that users have access to the latest information reflecting market movements.
These reference rates are the result of a daily concertation procedure involving central banks across Europe, typically concluding around 14:10 CET. It’s crucial to understand that these rates are published purely for informational purposes. While they provide valuable insights into currency valuations, their use for transactional purposes is strongly discouraged due to potential market fluctuations that can occur between the reference time and transaction execution.
March 3, 2025 – Euro Currency Rate Overview
Below are the latest Euro Currency Rates, detailing the spot rates for various currencies quoted against the euro (base currency).
| Currency | Currency Name | Spot Rate | Chart |
|---|---|---|---|
| USD | US dollar | 1.0465 | |
| JPY | Japanese yen | 158.33 | |
| BGN | Bulgarian lev | 1.9558 | |
| CZK | Czech koruna | 25.097 | |
| DKK | Danish krone | 7.4583 | |
| GBP | Pound sterling | 0.82530 | |
| HUF | Hungarian forint | 400.43 | |
| PLN | Polish zloty | 4.1708 | |
| RON | Romanian leu | 4.9773 | |
| SEK | Swedish krona | 11.1500 | |
| CHF | Swiss franc | 0.9428 | |
| ISK | Icelandic krona | 145.70 | |
| NOK | Norwegian krone | 11.6950 | |
| TRY | Turkish lira | 38.1487 | |
| AUD | Australian dollar | 1.6811 | |
| BRL | Brazilian real | 6.1590 | |
| CAD | Canadian dollar | 1.5104 | |
| CNY | Chinese yuan renminbi | 7.6282 | |
| HKD | Hong Kong dollar | 8.1386 | |
| IDR | Indonesian rupiah | 17216.08 | |
| ILS | Israeli shekel | 3.7616 | |
| INR | Indian rupee | 91.3530 | |
| KRW | South Korean won | 1526.42 | |
| MXN | Mexican peso | 21.4253 | |
| MYR | Malaysian ringgit | 4.6737 | |
| NZD | New Zealand dollar | 1.8669 | |
| PHP | Philippine peso | 60.436 | |
| SGD | Singapore dollar | 1.4106 | |
| THB | Thai baht | 35.691 | |
| ZAR | South African rand | 19.5068 |
It is important to note that due to ongoing trading activity in the EUR/RUB market, the European Central Bank (ECB) has suspended the publication of a representative euro reference rate for the Russian rouble. This suspension, effective since March 1, 2022, will continue until further notice, reflecting the ECB’s commitment to providing only reliable and representative data.
Accessing Euro Currency Rate Data
For users seeking deeper access to euro currency rate data, the ECB provides several convenient resources:
Latest Reference Rates
Direct access to the latest reference rates ensures you always have the most current figures at your fingertips.
Downloadable Exchange Rates
For those needing offline access or archival data, the option to download a PDF with the exchange rates for a specific day is available. This is particularly useful for record-keeping and historical analysis.
Time Series Data
Economists, analysts, and businesses requiring extensive data can utilize the time series data. To import CSV files into spreadsheet software, it’s recommended to use settings that recognize a dot “.” as a decimal separator, such as UK or US formats, ensuring data integrity during import.
Related Resources
For further exploration and context, users can refer to these related resources:
ECB Data portal
Time series for bilateral exchange rates: Access comprehensive time series data for bilateral exchange rates directly from the ECB Data Portal.
LEARN MORE – ECB Explainer
What is the role of exchange rates?: For those less familiar with exchange rates, the ECB Explainer offers a clear and accessible explanation of the role and importance of exchange rates in the economy.
This information aims to provide a comprehensive understanding of the euro currency rate, its daily updates, and the resources available for further research and data access.
