Easily convert United States Dollars (USD) to Euros (EUR) and vice versa with our up-to-date currency converter. Understanding the exchange rate between USD and EUR is crucial for travelers, businesses, and anyone dealing with international transactions. Our tool provides you with the latest exchange rates, ensuring you always have the most accurate information for your currency conversions. Below is a quick conversion table showing the current value of 1 USD in EUR.
| 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 it comes to international money transfers, being informed about exchange rates is just the first step. Traditional methods like banks often come with hidden fees and less favorable exchange rates, costing you more than necessary. For a cost-effective solution for sending money internationally, consider Wise (formerly TransferWise). They typically offer significantly lower fees and transparent exchange rates compared to conventional banks. For instance, transferring 1000 EUR to USD could cost you as little as 4 EUR with Wise, whereas a bank might charge around 28 EUR for the same transaction.
Understanding Cross Currency Rates
Currency exchange isn’t always a direct USD to EUR conversion. Cross currency rates become relevant when you need to convert between two currencies that are not the domestic currency of the quoting market. In the context of the United States, a cross rate would be any exchange rate between two currencies other than the US Dollar. To give you a broader perspective, the table below illustrates cross currency rates between several major currencies, including EUR and 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 refreshed between 2:15 p.m. and 3:00 p.m. CET. For those needing automated, real-time currency data, explore our currency converter API, offering access to over 150 currencies with live updates for seamless integration into your systems.
*Data sourced from central bank feeds, updated daily between 2.15 p.m. and 3.00 p.m. CET.
