The European Central Bank (ECB) provides daily euro foreign exchange reference rates, a crucial benchmark for understanding currency values against the euro. These rates are typically updated around 16:00 CET every working day, excluding TARGET closing days.
These reference rates are established through a daily concertation procedure involving central banks across Europe, usually concluding around 14:10 CET. It’s important to note that these rates are published for informational purposes only. The ECB strongly advises against using these rates for transactional purposes, as they serve as a reference point rather than real-time trading values.
Euro Exchange Rates on 3 March 2025
Below are the exchange rates for various currencies quoted against the euro (base currency) as of March 3, 2025.
| Currency | Currency Name | Spot Rate | Chart |
|---|---|---|---|
| USD | US dollar | 1.0465 | |
| JPY | Japanese yen | 158.33 | |
| BGN | Bulgarian lev | 1.9558 | |
| CZK | Czech koruna | 25.097 | |
| DKK | Danish krone | 7.4583 | |
| GBP | Pound sterling | 0.82530 | |
| HUF | Hungarian forint | 400.43 | |
| PLN | Polish zloty | 4.1708 | |
| RON | Romanian leu | 4.9773 | |
| SEK | Swedish krona | 11.1500 | |
| CHF | Swiss franc | 0.9428 | |
| ISK | Icelandic krona | 145.70 | |
| NOK | Norwegian krone | 11.6950 | |
| TRY | Turkish lira | 38.1487 | |
| AUD | Australian dollar | 1.6811 | |
| BRL | Brazilian real | 6.1590 | |
| CAD | Canadian dollar | 1.5104 | |
| CNY | Chinese yuan renminbi | 7.6282 | |
| HKD | Hong Kong dollar | 8.1386 | |
| IDR | Indonesian rupiah | 17216.08 | |
| ILS | Israeli shekel | 3.7616 | |
| INR | Indian rupee | 91.3530 | |
| KRW | South Korean won | 1526.42 | |
| MXN | Mexican peso | 21.4253 | |
| MYR | Malaysian ringgit | 4.6737 | |
| NZD | New Zealand dollar | 1.8669 | |
| PHP | Philippine peso | 60.436 | |
| SGD | Singapore dollar | 1.4106 | |
| THB | Thai baht | 35.691 | |
| ZAR | South African rand | 19.5068 |
Important Notice Regarding EUR/RUB Rate
Due to 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, with the last EUR/RUB reference rate published on March 1, 2022. This measure ensures that the published reference rates accurately reflect prevailing market conditions for all other currencies.
Accessing Historical and Further Data
For users who need more detailed information or historical data, the ECB provides several resources:
Latest Reference Rates
Direct access to the most recent daily rates is available for immediate viewing.
Downloadable Data
Users can download a PDF document containing the exchange rates for a specific day, ideal for record-keeping or offline access.
Time Series Data
For in-depth analysis, time series data is available for import into spreadsheet software. Ensure your software settings use a dot “.” as a decimal separator for correct data interpretation, commonly found in UK or US formats.
Additional Resources and Learning
Explore the ECB Data Portal:
Time series for bilateral exchange rates offers comprehensive datasets and historical trends.
Learn More About Exchange Rates:
For those seeking a deeper understanding, the ECB explainer “What is the role of exchange rates?” provides valuable insights into the function and importance of exchange rates in the global economy.
By utilizing these resources and understanding the Euro Central Bank Rate, individuals and businesses can stay informed about currency exchange values and their implications.
