Navigating the world of currency exchange is crucial for businesses, travelers, and anyone involved in international finance. The Fx Rate Eur, or Euro foreign exchange rate, is a key benchmark, indicating the value of the Euro against other global currencies. These reference rates, published by the European Central Bank (ECB), provide valuable insights into the currency market. It’s important to know when and how these rates are updated to stay informed.
Understanding Euro Foreign Exchange Reference Rates
Euro foreign exchange reference rates are typically updated around 4:00 PM Central European Time (CET) on every working day, except on TARGET closing days. This timing follows a daily concertation procedure among central banks across Europe, usually taking place at approximately 2:10 PM CET. These rates are established as a snapshot of the market at a specific time and are intended for informational purposes. While they are a useful indicator of currency values, the ECB strongly discourages using these reference rates for transaction purposes, as actual trading rates may vary.
Daily EUR Exchange Rates – February 28, 2025
Below is a summary of the euro exchange rates against a selection of currencies as of February 28, 2025. For a comprehensive list, please refer to the table provided.
- EUR to USD: 1 Euro = 1.0411 US Dollars
- EUR to JPY: 1 Euro = 156.96 Japanese Yen
- EUR to GBP: 1 Euro = 0.82608 Pound Sterling
- EUR to CZK: 1 Euro = 25.029 Czech Koruna
- EUR to PLN: 1 Euro = 4.1503 Polish Zloty
- EUR to SEK: 1 Euro = 11.1880 Swedish Krona
- EUR to ISK: 1 Euro = 145.70 Icelandic Krona
- EUR to TRY: 1 Euro = 38.0186 Turkish Lira
- EUR to BRL: 1 Euro = 6.0712 Brazilian Real
- EUR to CNY: 1 Euro = 7.5782 Chinese Yuan Renminbi
- EUR to IDR: 1 Euro = 17228.17 Indonesian Rupiah
- EUR to INR: 1 Euro = 90.9710 Indian Rupee
- EUR to MXN: 1 Euro = 21.2191 Mexican Peso
- EUR to NZD: 1 Euro = 1.8579 New Zealand Dollar
- EUR to SGD: 1 Euro = 1.4037 Singapore Dollar
- EUR to ZAR: 1 Euro = 19.1917 South African Rand
Conclusion
Staying informed about the fx rate eur is essential for anyone tracking international markets or managing currency exposure. The ECB’s euro foreign exchange reference rates are a valuable resource for understanding daily currency valuations. Remember to consult official sources like the ECB website for the most accurate and up-to-date information and to understand that these rates are for reference, not for direct transactional use. For more detailed data and time series, you can explore the ECB Data Portal.
