Understanding foreign exchange rates is crucial in today’s globalized economy. Whether you’re a business dealing with international transactions, an investor monitoring global markets, or simply planning a trip abroad, knowing the value of currencies like the Euro against the US Dollar is essential. This report, derived from Federal Reserve data, provides a snapshot of recent foreign exchange rates, with a particular focus on the EUR/USD pair and how to interpret this vital information in the context of broader currency trends.
Weekly Foreign Exchange Rate Overview
The table below, adapted from the Federal Reserve’s H.10 report, presents a weekly overview of foreign exchange rates. These rates are expressed as currency units per U.S. dollar, except where marked with an asterisk, indicating U.S. dollars per currency unit. This data is invaluable for tracking the relative strength of the dollar against a range of global currencies, including the Euro. For individuals interested in the EUR/USD rate, this table provides context and allows for comparison against other major currencies. While the table doesn’t directly show the value of “10 Usd Eur”, it provides the foundational data to calculate this and understand the fluctuations in the exchange rate.
| 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/USD Rate
Specifically looking at the Euro (EUR) against the U.S. Dollar (USD), the table provides rates under the “EMU MEMBERS” row. For example, on February 21st, the rate is 1.0455. This means that 1 Euro was worth approximately 1.0455 U.S. dollars on that day. Conversely, to find out how many Euros you could get for 1 US dollar, you would calculate the inverse: 1 / 1.0455, which is approximately 0.956 Euros per USD.
Therefore, to estimate the value of “10 USD EUR”, you would first find the USD to EUR exchange rate (approximately 0.956 as calculated above). Then, multiply 10 USD by this rate: 10 USD * 0.956 EUR/USD = approximately 9.56 EUR. Keep in mind these rates fluctuate daily and even intraday in the live market. For precise conversions, always refer to real-time currency converters just before you need the information.
Broad Dollar Indexes
In addition to individual currency rates, the report includes memo items for broad dollar indexes: Broad, AFE, and EME. These indexes provide a weighted average of the U.S. dollar’s value against a basket of currencies, offering a broader perspective on the dollar’s overall strength.
- Broad Index: Reflects the dollar’s value against a wide group of major U.S. trading partners.
- AFE Index: Focuses on advanced foreign economies within the broad index.
- EME Index: Highlights emerging market economies within the broad index.
These indexes are benchmarked to January 2006 = 100, allowing for the tracking of the dollar’s value over a longer period.
Data and Further Information
This data is released weekly and is part of the Federal Reserve’s commitment to transparency and providing valuable economic information. For more detailed data, data downloads, and information on currency weights and index composition, please refer to the links provided at the top of the original report, including the Data Download program and the Currency Weights page.
This report serves as a valuable resource for anyone tracking foreign exchange rates and the value of the US dollar in the global market. Understanding these rates, particularly the EUR/USD exchange rate, is a key component of informed financial decision-making in an interconnected world.
Last Update: February 24, 2025
