Understanding the Euro Exchange Rate is crucial for businesses, travelers, and anyone involved in international finance. These reference rates, published by the European Central Bank (ECB), provide a benchmark against other major world currencies. Updated around 16:00 CET every working day, except on TARGET closing days, these rates reflect the daily concertation procedure between central banks across Europe, typically occurring around 14:10 CET. It’s important to note that these rates are for informational purposes only and using them for transactions is strongly discouraged.
Daily Euro Foreign Exchange Rates – February 28, 2025
Below are the euro foreign exchange reference rates for February 28, 2025. All rates are quoted against the euro as the base currency.
| 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 |
Important Notice Regarding EUR/RUB Exchange 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 rouble. This measure ensures that the published reference rate accurately reflects prevailing market conditions. The suspension will remain in effect until further notice. The last published EUR/RUB reference rate was on March 1, 2022. For historical data, please refer to the ECB archives.
Accessing Historical Euro Exchange Rates
For those needing to track euro exchange rate trends over time, the ECB provides several download options and access to time series data:
- Latest Reference Rates: Download the most recent rates for your records.
- Specific Day Rates (PDF): Obtain a PDF document containing the exchange rates for a particular date.
- Time Series Data (CSV): Import CSV files into spreadsheet software. Ensure your software uses a dot “.” as a decimal separator, like UK or US formats, for correct data interpretation.
Further Resources on Exchange Rates
To deepen your understanding of euro exchange rates and their significance, explore these helpful resources:
- ECB Data Portal: Access comprehensive time series data for bilateral exchange rates and further economic information on the ECB Data portal.
- Understanding Exchange Rates: Learn more about the role and importance of exchange rates in the economy with this explainer: What is the role of exchange rates?.
This information is sourced directly from the European Central Bank, ensuring accuracy and reliability for your euro exchange rate information needs.
