The foreign exchange rate between the Euro (EUR) and the US Dollar (USD) is a crucial benchmark in international finance and trade. This rate fluctuates constantly due to a myriad of economic factors, reflecting the relative values of the Eurozone and United States economies. For individuals and businesses alike, understanding this exchange rate is essential for transactions, investments, and economic analysis. This article provides a clear overview of the EUR to USD exchange rate, using the latest data released by the Federal Reserve System.
The data presented below is sourced from the Federal Reserve’s Foreign Exchange Rates – H.10 Weekly release, a trusted source for up-to-date currency exchange information. This release provides daily exchange rates for a range of currencies against the US Dollar, offering a snapshot of the market for a given week. Specifically, we will focus on the Euro to US Dollar exchange rate and illustrate how to interpret this data, particularly in the context of converting EUR to USD, such as understanding the value of 10 Eur In Usd.
The table below, directly from the Federal Reserve H.10 release, shows the exchange rates for the week of February 17th to February 21st, 2025. The rates are expressed as currency units per U.S. dollar, except where noted. To find the EUR to USD exchange rate, we look at the row for “EMU MEMBERS – EURO”.
COUNTRY | CURRENCY | Feb. 17 | Feb. 18 | Feb. 19 | Feb. 20 | Feb. 21 |
---|---|---|---|---|---|---|
*AUSTRALIA | DOLLAR | ND | 0.6353 | 0.6341 | 0.6393 | 0.6376 |
BRAZIL | REAL | ND | 5.6880 | 5.7143 | 5.6970 | 5.6976 |
CANADA | DOLLAR | ND | 1.4189 | 1.4235 | 1.4195 | 1.4196 |
CHINA, P.R. | YUAN | ND | 7.2786 | 7.2833 | 7.2555 | 7.2501 |
DENMARK | KRONE | ND | 7.1321 | 7.1684 | 7.1197 | 7.1344 |
*EMU MEMBERS | EURO | ND | 1.0457 | 1.0406 | 1.0475 | 1.0455 |
HONG KONG | DOLLAR | ND | 7.7740 | 7.7776 | 7.7753 | 7.7692 |
INDIA | RUPEE | ND | 86.9600 | 86.9600 | 86.6500 | 86.7000 |
JAPAN | YEN | ND | 151.7900 | 151.6700 | 149.6300 | 149.4900 |
MALAYSIA | RINGGIT | ND | 4.4434 | 4.4414 | 4.4269 | 4.4160 |
MEXICO | PESO | ND | 20.2490 | 20.4428 | 20.3652 | 20.3521 |
*NEW ZEALAND | DOLLAR | ND | 0.5705 | 0.5701 | 0.5756 | 0.5751 |
NORWAY | KRONE | ND | 11.1471 | 11.1442 | 11.1212 | 11.1177 |
SINGAPORE | DOLLAR | ND | 1.3412 | 1.3434 | 1.3348 | 1.3365 |
SOUTH AFRICA | RAND | ND | 18.3923 | 18.5782 | 18.3474 | 18.3168 |
SOUTH KOREA | WON | ND | 1438.8300 | 1441.0600 | 1434.7100 | 1434.0600 |
SRI LANKA | RUPEE | ND | 296.0000 | 296.8000 | 296.0000 | 295.7000 |
SWEDEN | KRONA | ND | 10.7087 | 10.7539 | 10.6603 | 10.6400 |
SWITZERLAND | FRANC | ND | 0.9023 | 0.9054 | 0.8993 | 0.8990 |
TAIWAN | DOLLAR | ND | 32.7300 | 32.7400 | 32.7100 | 32.7500 |
THAILAND | BAHT | ND | 33.6200 | 33.7700 | 33.5600 | 33.5500 |
*UNITED KINGDOM | POUND | ND | 1.2614 | 1.2571 | 1.2643 | 1.2647 |
VENEZUELA | BOLIVAR | ND | 61.9447 | 62.0279 | 62.3544 | 63.0485 |
Memo: | UNITED STATES | DOLLAR | 1) BROAD | JAN06=100 | ND | |
2) AFE | JAN06=100 | ND | 119.7103 | 120.1277 | 119.3711 | 119.4551 |
3) EME | JAN06=100 | ND | 137.2570 | 137.6839 | 137.2131 | 137.1707 |
- U.S. dollars per currency unit. ND = No data for this date.
Understanding the EUR to USD Rate
The table indicates that on February 21st, 2025, the exchange rate was 1.0455 EUR per 1 USD. This means that for every US dollar, you could receive 1.0455 Euros. However, when we want to know the value of 1 EUR in USD, or 10 EUR in USD, we need to perform a simple calculation.
To find out how much 1 Euro is worth in US Dollars, we divide 1 by the listed exchange rate:
1 USD = 1.0455 EUR
Therefore, 1 EUR = 1 / 1.0455 USD ≈ 0.9565 USD
Using the exchange rate from February 21st, 2025, 1 Euro was approximately worth 0.9565 US Dollars.
Calculating 10 EUR to USD
Now, to determine the value of 10 EUR in USD, we multiply the USD value of 1 EUR by 10:
10 EUR = 10 * 0.9565 USD ≈ 9.565 USD
Therefore, based on the exchange rate from February 21st, 2025, 10 Euros was approximately equivalent to 9.565 US Dollars.
Daily Fluctuations in EUR to USD
It’s important to note that the EUR to USD exchange rate is not static. As you can see from the table, the rate fluctuated slightly throughout the week. For example, on February 19th, the rate was 1.0406 EUR per 1 USD, while on February 20th it was 1.0475 EUR per 1 USD. These daily changes, although seemingly small, can impact larger transactions and are driven by various market factors including economic news, interest rate changes, and geopolitical events.
For the week of February 17th to 21st, 2025, the EUR to USD exchange rates were as follows (USD value of 1 EUR calculated):
- Feb. 18: 1.0457 EUR per USD => 1 EUR ≈ 0.9563 USD
- Feb. 19: 1.0406 EUR per USD => 1 EUR ≈ 0.9610 USD
- Feb. 20: 1.0475 EUR per USD => 1 EUR ≈ 0.9546 USD
- Feb. 21: 1.0455 EUR per USD => 1 EUR ≈ 0.9565 USD
As demonstrated, the value of 10 EUR in USD will vary slightly depending on the specific day’s exchange rate. For the most accurate conversion, always refer to the latest exchange rate data from reliable sources like the Federal Reserve or financial data providers.
Conclusion
Understanding the EUR to USD exchange rate is vital in today’s globalized economy. Data from the Federal Reserve H.10 release provides a trustworthy source for tracking these rates. By using this data, as illustrated, you can easily calculate the value of Euros in US Dollars and stay informed about currency exchange dynamics. For February 2025, 10 EUR was approximately equivalent to around 9.56 to 9.61 USD, depending on the specific day of the week. Always consult the most recent data for the most accurate conversions.