Understanding the Eur Rate is crucial for anyone involved in international finance, trade, or travel. The euro foreign exchange reference rates are published daily by the European Central Bank (ECB), providing a benchmark for the value of the euro against a range of other major world currencies. These rates are typically updated at approximately 16:00 CET every working day, except on TARGET closing days.
These reference rates are calculated based on a daily concertation procedure involving central banks across Europe, usually taking place around 14:10 CET. It’s important to note that these rates are published for informational purposes only. The ECB strongly discourages using these rates for transactional purposes, as they are intended as a reference point rather than real-time trading values.
Daily EUR Rate – 3 March 2025
Below are the euro foreign exchange reference rates for 3 March 2025. All currency values are quoted against the euro, which serves as the base currency.
Important Notice Regarding EUR/RUB Rate
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 effect until further notice as the ECB cannot guarantee a representative reference rate under the current circumstances. The last EUR/RUB reference rate was published on 1 March 2022.
Accessing Historical EUR Rate Data
For users needing more than just the daily EUR rate, the ECB provides several options to access historical data and download exchange rates for specific periods.
Download Latest Rates and Historical Data
Users can download the latest reference rates in various formats. For specific daily rates, a PDF download option is available.
Time Series Data
For in-depth analysis, time series data is available for import into spreadsheet software. When importing CSV files, ensure your software uses a dot “.” as a decimal separator, which is common in UK or US formats.
Further Resources on EUR Rate and Exchange Rates
For those seeking more detailed information, the ECB offers additional resources:
ECB Data Portal: Explore Time series for bilateral exchange rates on the ECB Data portal for comprehensive historical data.
Understanding Exchange Rates: For readers less familiar with exchange rates, the ECB provides an explainer: What is the role of exchange rates? This resource clarifies the function and importance of exchange rates in the global economy.
Explore this Section: Browse All pages in this section for related information and deeper insights into EUR rates and ECB data.
