Navigating the world of foreign exchange rates is crucial for businesses, travelers, and anyone involved in international transactions. Understanding the value of the Euro (EUR) against other currencies is a key aspect of this. This article provides a clear overview of the daily Euro foreign exchange reference rates, offering insights into how these rates are established and where to find the most up-to-date information on “Eur To” other currencies.
Daily Euro Reference Rates: Your Guide to EUR Exchange Values
The European Central Bank (ECB) publishes daily reference exchange rates for the Euro against a range of major world currencies. These rates are typically updated around 16:00 CET (Central European Time) every working day, excluding TARGET closing days. These rates are crucial for anyone tracking “eur to” conversions and understanding global currency values relative to the Euro.
The process for determining these reference rates involves a daily concertation procedure among central banks across Europe, usually taking place at approximately 14:10 CET. It’s important to note that these reference rates are intended for informational purposes only. While they provide a valuable benchmark, the ECB strongly discourages using these rates directly for transaction purposes due to potential market fluctuations.
Euro Exchange Rates on 4 March 2025
Below is a table presenting the Euro foreign exchange reference rates as of 4 March 2025. All currencies are quoted against the Euro, which serves as the base currency in these calculations. This table allows you to quickly find the “eur to” rate for a variety of currencies.
| Currency | Currency Name | Spot Rate | Chart |
|---|---|---|---|
| USD | US dollar | 1.0557 | |
| JPY | Japanese yen | 156.50 | |
| BGN | Bulgarian lev | 1.9558 | |
| CZK | Czech koruna | 25.025 | |
| DKK | Danish krone | 7.4589 | |
| GBP | Pound sterling | 0.82788 | |
| HUF | Hungarian forint | 398.93 | |
| PLN | Polish zloty | 4.1593 | |
| RON | Romanian leu | 4.9769 | |
| SEK | Swedish krona | 11.0995 | |
| CHF | Swiss franc | 0.9371 | |
| ISK | Icelandic krona | 146.30 | |
| NOK | Norwegian krone | 11.8080 | |
| TRY | Turkish lira | 38.4845 | |
| AUD | Australian dollar | 1.6919 | |
| BRL | Brazilian real | 6.2132 | |
| CAD | Canadian dollar | 1.5224 | |
| CNY | Chinese yuan renminbi | 7.6614 | |
| HKD | Hong Kong dollar | 8.2056 | |
| IDR | Indonesian rupiah | 17328.15 | |
| ILS | Israeli shekel | 3.8177 | |
| INR | Indian rupee | 91.9903 | |
| KRW | South Korean won | 1537.13 | |
| MXN | Mexican peso | 21.9418 | |
| MYR | Malaysian ringgit | 4.7153 | |
| NZD | New Zealand dollar | 1.8720 | |
| PHP | Philippine peso | 60.797 | |
| SGD | Singapore dollar | 1.4151 | |
| THB | Thai baht | 35.582 | |
| ZAR | South African rand | 19.5569 |
It’s important to note the current situation with the Russian Ruble (RUB). Due to ongoing market conditions in the EUR/RUB market, the ECB has suspended the publication of a euro reference rate for the Russian ruble. The last published EUR/RUB reference rate was on 1 March 2022.
Accessing and Utilizing Euro Exchange Rate Data
For those needing to delve deeper into historical data or require data in different formats, the ECB provides several resources:
Downloads
- Latest reference rates: Access the most recent daily rates.
- Download PDF: Obtain exchange rates for a specific day in PDF format.
- Time series: Download historical data in CSV format, compatible with spreadsheet software. Remember to use a setting that recognizes a dot “.” as a decimal separator for importing CSV files correctly.
Related Resources
For further exploration and understanding of exchange rates and the Eurosystem, consider these resources:
- ECB Data Portal: Time series for bilateral exchange rates – Explore comprehensive datasets and historical trends.
- ECB Explainer: What is the role of exchange rates? LEARN MORE
What is the role of exchange rates? – Enhance your understanding of exchange rate mechanics and their significance in the economy.
By utilizing these resources and understanding the daily Euro foreign exchange reference rates, you can stay informed about “eur to” currency values and make better decisions in a globalized financial landscape.
