Easily convert Euros to Dollars and vice versa using today’s live exchange rates. This currency converter utilizes cross rates to provide accurate values for EUR to USD and many other currency pairs. Currency codes are standardized by ISO 4217:2015, using a three-letter alphabetic code for each currency.
Avoid Hidden Fees on International Money Transfers
When making international transfers through traditional banks, you can often lose money due to unfavorable exchange rates and hidden fees added to the transaction. Banks frequently incorporate extra charges into the exchange rate, leading to higher costs for international money transfers than necessary. For a more cost-effective solution, consider Wise (formerly TransferWise). Transferring 1000 EUR to USD with Wise can cost as little as 4 EUR, significantly less than the typical 28 EUR charged by banks.
Understanding Cross Currency Rates
Cross currency rates are exchange rates calculated between two currencies, neither of which is the domestic currency of the quoting market. In the context of the United States, a cross rate would be any exchange rate that does not involve the U.S. Dollar directly.
This currency converter updates its exchange rates daily using central bank data, ensuring accuracy based on information updated between 2:15 p.m. and 3:00 p.m. CET. For automated currency conversion, explore our currency converter API, featuring over 150 currencies and live updates for integration into your systems.
*Data sourced from central bank information, updated daily between 2.15 p.m. and 3.00 p.m. CET.
