The euro foreign exchange reference rates are crucial for anyone tracking currency values against the euro. Published by the European Central Bank (ECB), these rates offer a daily snapshot of the euro’s standing relative to other major world currencies. It’s important to note that these reference rates are typically updated around 4:00 PM Central European Time (CET) on every working day, except on TARGET closing days.
These rates are derived from a concertation procedure among central banks across Europe, usually taking place around 2:10 PM CET. While these exchange rates on the euro are publicly available for informational purposes, the ECB strongly advises against using them for transactional purposes. Below is a table reflecting the latest reference rates.
Daily Euro Exchange Rates – February 28, 2025
This table provides the exchange rates of various currencies quoted against the euro (base currency) as of February 28, 2025.
| 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 ongoing market conditions affecting EUR/RUB trading, the ECB has suspended publishing the euro reference exchange rate for the Russian rouble. This suspension is in effect until further notice because the ECB is unable to determine a representative reference rate under the current circumstances. The last published EUR/RUB reference rate was on March 1, 2022.
Accessing Historical Data
For those needing historical exchange rate data, the ECB provides several download options, including the latest reference rates and PDFs for specific dates. Time series data is also available, compatible with spreadsheet software using a dot “.” as a decimal separator, common in UK or US formats.
Further Resources
For more in-depth information, you can explore the ECB Data portal for time series data on bilateral exchange rates. To understand more about the role of exchange rates in general, the ECB offers an explainer: What is the role of exchange rates?.
