Navigating the world of foreign exchange is crucial for businesses, travelers, and anyone dealing with international finance. Understanding the value of the euro against other global currencies is a key aspect of this. Euro exchange rates, representing the price of the euro in relation to other currencies, are updated daily and serve as a vital benchmark for currency conversion and market analysis. These rates, often referred to as Currency Euro Money values, are essential for informed financial decisions.
Decoding Euro Foreign Exchange Reference Rates
The European Central Bank (ECB) provides daily euro foreign exchange reference rates, which are typically updated around 16:00 CET on every working day, except on TARGET closing days. These rates are derived from a concertation procedure involving central banks across Europe, usually around 14:10 CET. It’s important to note that these reference rates are published for informational purposes only. While they offer a valuable snapshot of the currency euro money market, using them for transactional purposes is strongly discouraged due to potential market fluctuations.
Euro Exchange Rates on March 5, 2025
Below is a table presenting the euro exchange rates for March 5, 2025, showcasing the spot rates for a range of currencies against the euro (base currency). This data provides a clear picture of currency euro money values at a specific point in time.
| 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 Notice Regarding EUR/RUB Exchange Rate
Due to ongoing market conditions affecting EUR/RUB trading, the ECB has suspended the publication of the euro reference rate for the Russian rouble. This suspension, effective since March 1, 2022, reflects the ECB’s inability to establish a representative reference rate under the current circumstances. For users tracking currency euro money trends, it’s important to note this exception in the daily updates.
Accessing and Utilizing Euro Exchange Rate Data
For those seeking historical data or wishing to integrate euro exchange rates into their systems, the ECB offers several download options:
- Latest Reference Rates: Access the most recent daily rates for a quick overview of currency euro money values.
- Downloadable PDF: Obtain exchange rates for a specific day in PDF format for record-keeping or offline access.
- Time Series Data: Download CSV files for importing into spreadsheets, enabling detailed analysis and trend tracking of currency euro money over time. Ensure your spreadsheet settings use a dot “.” as a decimal separator for proper data import.
Further Resources on Euro Exchange Rates
To deepen your understanding of euro exchange rates and their role in the broader economic context, explore these resources:
- ECB Data Portal: Time series for bilateral exchange rates – Access comprehensive historical data and detailed exchange rate information.
- ECB Explainer: What is the role of exchange rates?: LEARN MORE What is the role of exchange rates? – Gain insights into the fundamental role of exchange rates in the economy and international trade.
Disclaimer: The euro foreign exchange reference rates provided are for informational purposes only and should not be used for transaction purposes. Always consult financial professionals for specific financial advice.
This overview of euro exchange rates aims to provide a clear and comprehensive understanding of daily currency euro money values and the resources available for further exploration.
