Understanding daily euro exchange rates is crucial for businesses, travelers, and anyone involved in international finance. These rates, published by the European Central Bank (ECB), provide a benchmark against other major world currencies. This article offers a comprehensive overview of the ECB’s euro exchange reference rates, ensuring you stay informed about the euro exchange market.
The European Central Bank updates its reference exchange rates at approximately 16:00 CET every working day. It’s important to note that these updates are not provided on TARGET closing days. The rates are derived from a daily concertation procedure among European central banks, typically around 14:10 CET. These Exchange Euro rates are made public for informational purposes. It is strongly advised against using these reference rates for transactional purposes due to potential market fluctuations throughout the day.
Euro Exchange Rates on March 5, 2025
Below are the euro exchange rates against a variety of currencies, with the euro as the base currency, as recorded on March 5, 2025.
| Currency | Currency Name | Spot Rate | |
|---|---|---|---|
| USD | US dollar | 1.0694 | |
| JPY | Japanese yen | 160.09 | |
| BGN | Bulgarian lev | 1.9558 | |
| CZK | Czech koruna | 25.048 | |
| DKK | Danish krone | 7.4589 | |
| GBP | Pound sterling | 0.83500 | |
| HUF | Hungarian forint | 398.85 | |
| PLN | Polish zloty | 4.1500 | |
| RON | Romanian leu | 4.9758 | |
| SEK | Swedish krona | 11.0125 | |
| CHF | Swiss franc | 0.9514 | |
| ISK | Icelandic krona | 146.50 | |
| NOK | Norwegian krone | 11.8200 | |
| TRY | Turkish lira | 38.9615 | |
| AUD | Australian dollar | 1.7030 | |
| BRL | Brazilian real | 6.2938 | |
| CAD | Canadian dollar | 1.5398 | |
| CNY | Chinese yuan renminbi | 7.7675 | |
| HKD | Hong Kong dollar | 8.3106 | |
| IDR | Indonesian rupiah | 17496.99 | |
| ILS | Israeli shekel | 3.8750 | |
| INR | Indian rupee | 93.0873 | |
| KRW | South Korean won | 1551.65 | |
| MXN | Mexican peso | 22.0091 | |
| MYR | Malaysian ringgit | 4.7369 | |
| NZD | New Zealand dollar | 1.8832 | |
| PHP | Philippine peso | 61.383 | |
| SGD | Singapore dollar | 1.4301 | |
| THB | Thai baht | 36.012 | |
| ZAR | South African rand | 19.7222 |
Important Note on EUR/RUB Exchange: Due to the ongoing market conditions affecting EUR/RUB trading, the European Central Bank has suspended the publication of the euro exchange rate for the Russian ruble. This suspension is in effect until further notice, with the last published rate available from March 1, 2022.
Accessing Historical Euro Exchange Data
For those needing more than just the daily snapshot, the ECB provides resources to delve deeper into historical euro exchange rates.
Download Options
- Latest Reference Rates: Access the most recent euro exchange rates in various formats.
- Specific Day Rates (PDF): Download exchange rates for any specific date in PDF format for record-keeping or analysis.
- Time Series Data (CSV): For in-depth analysis, time series data is available for import into spreadsheets. Ensure your software uses a dot “.” as a decimal separator for proper data handling (like UK or US formats).
Further Resources
- ECB Data Portal: Explore the ECB Data portal for extensive time series data on bilateral exchange rates.
- Exchange Rate Explainers: For those new to currency markets, the ECB offers explainers like “What is the role of exchange rates?” to enhance your understanding.
By utilizing the resources from the European Central Bank, you can stay informed and effectively track euro exchange rates for your informational needs. Remember to always refer back to the official ECB website for the most up-to-date and accurate data.
