Staying informed about currency exchange rates is crucial for businesses, travelers, and anyone managing international finances. The euro, as a major global currency, sees daily fluctuations that can impact transactions and financial planning. Here’s your update on the Current Euro Exchange rates, reflecting the latest reference rates against a range of global currencies.
Euro Foreign Exchange Reference Rates – February 28, 2025
Below is the table presenting the most recent euro foreign exchange reference rates, as of February 28, 2025. These rates are provided for informational purposes to give you a snapshot of the euro’s value against other currencies. It’s important to note that these reference rates are not intended for transactional use but serve as an indicator of currency exchange trends.
| Currency | Currency Name | Spot Rate | Chart |
|---|---|---|---|
| USD | US dollar | 1.0411 | |
| JPY | Japanese yen | 156.96 | |
| BGN | Bulgarian lev | 1.9558 | |
| CZK | Czech koruna | 25.029 | |
| DKK | Danish krone | 7.4583 | |
| GBP | Pound sterling | 0.82608 | |
| HUF | Hungarian forint | 399.50 | |
| PLN | Polish zloty | 4.1503 | |
| RON | Romanian leu | 4.9768 | |
| SEK | Swedish krona | 11.1880 | |
| CHF | Swiss franc | 0.9394 | |
| ISK | Icelandic krona | 145.70 | |
| NOK | Norwegian krone | 11.7245 | |
| TRY | Turkish lira | 38.0186 | |
| AUD | Australian dollar | 1.6741 | |
| BRL | Brazilian real | 6.0712 | |
| CAD | Canadian dollar | 1.5019 | |
| CNY | Chinese yuan renminbi | 7.5782 | |
| HKD | Hong Kong dollar | 8.0980 | |
| IDR | Indonesian rupiah | 17228.17 | |
| ILS | Israeli shekel | 3.7457 | |
| INR | Indian rupee | 90.9710 | |
| KRW | South Korean won | 1519.92 | |
| MXN | Mexican peso | 21.2191 | |
| MYR | Malaysian ringgit | 4.6459 | |
| NZD | New Zealand dollar | 1.8579 | |
| PHP | Philippine peso | 60.355 | |
| SGD | Singapore dollar | 1.4037 | |
| THB | Thai baht | 35.567 | |
| ZAR | South African rand | 19.1917 |
These reference rates are typically updated around 16:00 CET every working day, except on TARGET closing days. The rates are determined through a daily concertation procedure involving central banks across Europe, usually occurring around 14:10 CET.
It is important to understand that these euro foreign exchange rates are published purely for informational purposes. While they offer a valuable benchmark of currency values, their use for transaction purposes is strongly discouraged. For actual transactions, it is advised to consult with financial institutions for real-time exchange rates.
EUR/RUB (Euro to Russian Ruble) Exchange Rate – Publication Suspended
Currently, due to the ongoing market conditions affecting EUR/RUB trading, the European Central Bank (ECB) has suspended the publication of the euro reference rate for the Russian ruble. This suspension is in place until further notice as the ECB is unable to establish a reference rate that accurately reflects the prevailing market situation. The last published EUR/RUB reference rate was on March 1, 2022.
Accessing Historical Euro Exchange Rate Data
For those needing more in-depth analysis or historical data, the ECB Data portal provides time series for bilateral exchange rates. This resource allows you to track the euro’s performance against other currencies over time, offering valuable insights for economic analysis and forecasting.
Related Resources:
- ECB Data Portal: Time series for bilateral exchange rates
Understanding the dynamics of current euro exchange is essential in today’s globalized world. Whether you are monitoring rates for business, travel, or personal finance, staying informed ensures you can make well-considered decisions. Remember to always use these reference rates as indicators and consult financial professionals for transactional needs.
