Navigating the world of foreign exchange rates can be complex, but understanding the Euro Rate Exchange is crucial for businesses, travelers, and anyone involved in international finance. The European Central Bank (ECB) provides daily euro foreign exchange reference rates, offering a benchmark for the euro’s value against a range of global currencies. These rates are updated every working day and serve as an important indicator of currency market trends.
These reference rates are typically updated at approximately 16:00 CET on every working day, except on TARGET closing days. This timing ensures that the rates reflect the day’s trading activity up to a specific point.
The rates are established through a daily concertation procedure involving central banks across Europe, usually taking place around 14:10 CET. It’s important to note that these euro rate exchange figures are published purely for informational purposes. While they are a valuable resource for understanding currency valuations, the ECB explicitly discourages using these rates for transactional purposes. For actual transactions, real-time exchange rates from financial institutions should be consulted.
Latest Euro Exchange Rates – 28 February 2025
Below is a table presenting the euro rate exchange against various currencies as of 28 February 2025. All rates are quoted against the euro, which serves as the base currency.
| Currency | Currency Name | Spot |
|---|---|---|
| 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 |
Understanding the table: The ‘Spot’ column indicates how many units of the respective currency are equivalent to one euro. For example, 1 euro was equivalent to 1.0411 US dollars on February 28, 2025.
Image showing a mini chart for Japanese Yen exchange rate against Euro.
Image showing a mini chart for Czech Koruna exchange rate against Euro.
Image showing a mini chart for Pound Sterling exchange rate against Euro.
Image showing a mini chart for Polish Zloty exchange rate against Euro.
Image showing a mini chart for Swedish Krona exchange rate against Euro.
Image showing a mini chart for Icelandic Krona exchange rate against Euro.
Image showing a mini chart for Turkish Lira exchange rate against Euro.
Image showing a mini chart for Brazilian Real exchange rate against Euro.
Image showing a mini chart for Chinese Yuan Renminbi exchange rate against Euro.
Image showing a mini chart for Indonesian Rupiah exchange rate against Euro.
Image showing a mini chart for Indian Rupee exchange rate against Euro.
Image showing a mini chart for Mexican Peso exchange rate against Euro.
Image showing a mini chart for New Zealand Dollar exchange rate against Euro.
Image showing a mini chart for Singapore Dollar exchange rate against Euro.
Suspension of EUR/RUB Reference Rate
Due to the ongoing market conditions affecting EUR/RUB trading, the European Central Bank has suspended the publication of the euro rate exchange for the Russian Ruble (RUB). This suspension reflects the ECB’s inability to establish a reference rate that accurately represents current market dynamics for this currency pair. The last published EUR/RUB reference rate was on March 1, 2022.
Accessing Historical Euro Exchange Rates
For users needing more than just the latest euro rate exchange, the ECB provides resources to access historical data. You can download the latest reference rates or download exchange rates for a specific day in PDF format. Furthermore, time series data is available for import into spreadsheets, allowing for in-depth analysis of euro rate exchange trends over time. When importing CSV files, ensure your spreadsheet settings use a dot “.” as a decimal separator for data accuracy.
For more comprehensive data and analysis, the ECB Data portal offers time series for bilateral exchange rates. This resource is invaluable for researchers, financial professionals, and anyone needing detailed historical euro rate exchange information.
Learn More About Exchange Rates
To deepen your understanding of the role and significance of exchange rates, the ECB offers explainers and resources like “What is the role of exchange rates?”. This can provide valuable context for interpreting euro rate exchange fluctuations and their broader economic implications.
Disclaimer: The euro rate exchange reference rates provided by the ECB are for informational purposes only and should not be used for transaction purposes. Always consult financial institutions for real-time exchange rates when conducting financial transactions.
