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Slovenia - Euro - Currency Guide

 

Foreign exchange guide to Slovenia and the Euro (EUR)

   

General Currency Info - Euro

The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.

The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.

Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.

Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.

There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.

   

EUR News, Forecasts and Trends

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

For more EUR currency market forecasts you can read the full article Euro Forecasts. The below interactive chart shows the USD to EUR exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to EUR 90-day trend
 
1-DAY0.6% (3d)
USD/EUR at 0.8891 was trading 2.1% below AVG:0.9081 with LO:0.8791 and HI:0.9346 (90 days). There are no current rate alerts.

US Dollar to Euro - Historical Rates

USD/EUR historic rateChange to 03-JulPeriod
0.8914  26 Jun 20200.2% ▼1 Week
0.8901  03 Jun 20200.1% ▼30 Days
0.9255  04 Apr 20203.9% ▼90 Days
0.8862  04 Jul 20190.3% ▲1 Year
0.9075  05 Jul 20152% ▼5 Years
0.7923  06 Jul 201012.2% ▲10 Years
USD/EUR 10 year historic rates & changes to 03-Jul-2020 : 0.8893
 

U$1,000 USD
=
€889.25 EUR

Converted at USD/EUR wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

 
 

US Dollar to Euro - Quick Conversions

USD EUR
U$ 1 0.8892
U$ 5 4.4460
U$ 10 8.8920
U$ 20 17.78
U$ 50 44.46
U$ 100 88.92
U$ 250 222.30
U$ 500 444.60
U$ 1,000 889.20
U$ 2,000 1,778
U$ 5,000 4,446
U$ 10,000 8,892
U$ 50,000 44,460
U$ 100,000 88,920
More amounts
USD EUR
U$ 1.1245 € 1
U$ 5.6225 € 5
U$ 11.25 € 10
U$ 22.49 € 20
U$ 56.23 € 50
U$ 112.45 € 100
U$ 281.13 € 250
U$ 562.25 € 500
U$ 1,125 € 1,000
U$ 2,249 € 2,000
U$ 5,623 € 5,000
U$ 11,245 € 10,000
U$ 56,225 € 50,000
U$ 112,450 € 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Slovenia?

The domestic currency in Slovenia is the Euro.

What is the Euro currency code and symbol?

The three letter currency code for the Euro is EUR — symbol is .

Which countries use the Euro?

It is the domestic currency in    Eurozone,   Aaland Islands,   Andorra,   Austria,   Belgium,   Cyprus,   Estonia,   Finland,   France,   French Guinea,   French Southern Territories,   Germany,   Greece,   Guadeloupe,   Vatican City,   Ireland,   Italy,   Luxembourg,   Malta,   Martinique,   Mayotte,   Monaco,   Montenegro,   Netherlands,   Portugal,   Reunion,   Saint Barthélemy,   Saint Martin,   Saint Pierre and Miquelon,   San Marino,   Slovakia,   Slovenia and Spain.

Is the Euro a closed currency?

No, the Euro is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Slovenia

Slovenia is a charming and comfortable place to travel, with architecturally grand, cultured cities, and lush pine-forested countryside, perfect for hiking and biking in summer and skiing in winter. The country managed to avoid much of the strife that plagued other nations during the messy disintegration of the Yugoslav Republic, and has integrated quickly with Western Europe, joining the eurozone at the start of 2007. Slovenia is a charming and comfortable place to travel, with architecturally grand, cultured cities, and lush pine-forested countryside, perfect for hiking and biking in summer and skiing in winter. The country managed to avoid much of the strife that plagued other nations during the messy disintegration of the Yugoslav Republic, and has integrated quickly with Western Europe, joining the eurozone at the start of 2007.

Slovenia's castles are today atmospheric repositories of Slovenia's lively historical past. The 11th century Bled Castle is a cliffside setting for a fine history museum, while Predjama is linked to underground caverns – and tales of witchcraft. Limestone geology has given Slovenia some of the world's finest cave systems. Standouts include the UNESCO-listed caverns at Skocjan, home to the world's largest subterranean canyon, plus the 20km of passages, galleries and chambers at Postojna, Europe's most visited cave system.

How to get around in Slovenia?

Just like anywhere else in Europe a car will give you a certain freedom and speed that you don't get by public transport, but the train and bus system is pretty good and will get you to most places you'd likely want to visit on a first trip to the country. Of course having a car makes your trip easier, but given the small size of Slovenia and reasonably good public transport(both bus and train) you can get everywhere you want without a car, only it takes a bit more time. The only place that's next to impossible to reach by public transport is the castle inside the cave-Predjamski grad which is really worth to see. Hitchhiking in Slovenia works and is generally safe, but be aware that by hitchhiking even in a country where it is usually safe you are adding some risk to your journey that you may get a driver that expects something in return.

The railway system has been relatively modernized. The railway station names are typically only visible on station building signs, so figuring out to which station the train is arriving means constantly looking outside the correct window (sometimes it's on the right side, other times it's on the left side). A few newer trains have a voice announcement system that announces to which station the train is arriving. Trains are punctual (except some of the international trains), so travellers should check the expected arrival time and previous station names to be sure where to get off.

 

Travel money for Slovenia

Save money and time by Ordering your Euro online from Travelex, you get better rates and can pick up the EUR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Euro otherwise you may get much worst exchange rates.

 
 

USD to EUR - Travel Money & Cards

Provider ReviewAmount EUR(€)Exchange RateFee USDDeal Links
TransferWise
> Best Overall
871.53
1.99%
0.8848U$15.00
U.S. Bank logo
U.S. Bank
832.30
6.4%
€39 less
0.83230
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
823.97
7.34%
€48 less
0.832315
Wells Fargo Bank logo
Wells Fargo Bank
815.65
8.27%
€56 less
0.8323U$20
Travelex Online
809.80
8.93%
0.80980^
TransferWise
 
loading
TransferWise: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:U$15.00 USD (1.5%)
Exchange Rate:0.8848 (-0.49% from mid-rate)
To Amount (EUR)871.53
Total Cost:1.99%
Time:20:29 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Review:


U.S. Bank
 
loading
U.S. Bank: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:0
Exchange Rate:0.8323 (-6.4% from mid-rate)
To Amount (EUR)832.30
Total Cost:6.4%
Time:20:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Review:


Banks - Average Rate
 
loading
Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:15
Exchange Rate:0.7781 (-12.49% from mid-rate)
To Amount (EUR)823.97
Total Cost:7.34%
Currency Services:Branch
Delivery/Collect:-


Wells Fargo Bank
 
loading
Wells Fargo Bank: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:0.8323 (-6.4% from mid-rate)
To Amount (EUR)815.65
Total Cost:8.27%
Time:20:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Review:


Travelex Online
 
loading
Travelex Online: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.8098 (-8.93% from mid-rate)
To Amount (EUR)809.80
Total Cost:8.93%
Time:
Rate Fetched: Sun Jul 05 2020 20:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Review:


 
loading
Snapshot 07/05/2020 - View live rates

Sending money to Slovenia

When searching around for information on how to get a good exchange rate when sending money to Slovenia you need to start with finding out the latest Euro exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.

 

USD to EUR International Money Transfers

Provider ReviewReceive EUR(€)Exchange RateFee USDDeal Links
OFX
> Best Overall
882.10
0.8%
0.88210^
XE
875.90
1.5%
0.87590
HSBC logo
HSBC
851.02
4.29%
€31 less
0.8523U$1.50
U.S. Bank logo
U.S. Bank
848.80
4.54%
€33 less
0.84880
Wells Fargo Bank logo
Wells Fargo Bank
836.14
5.97%
€46 less
0.8532U$20
Bank of America logo
Bank of America
836.07
5.98%
€46 less
0.8488U$15
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
843.01
5.19%
€39 less
0.850815
OFX
 
loading
OFX: Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.8821 (0.8% from mid-rate)
To Amount (EUR)882.10
Total Cost:0.8%
Time:
Rate Fetched: 20:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Speak to Dealers, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Review:


Compare OFX Rates
XE
 
loading
XE: Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:
Exchange Rate:0.8759 (1.5% from mid-rate)
To Amount (EUR)875.90
Total Cost:1.5%
Time:20:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Speak to Dealers
Rating:
 
: 3.5/5.0
Review:


Compare XE Rates
HSBC
 
loading
HSBC: Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:U$1.50 USD (.15%)
Exchange Rate:0.8523 (4.15% from mid-rate)
To Amount (EUR)851.02
Total Cost:4.29%
Difference:
€31 EUR less than using OFX
Time:20:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare HSBC Rates
U.S. Bank
 
loading
U.S. Bank: Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:0
Exchange Rate:0.8488 (4.54% from mid-rate)
To Amount (EUR)848.80
Total Cost:4.54%
Difference:
€33 EUR less than using OFX
Time:20:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare U.S. Bank Rates
Wells Fargo Bank
 
loading
Wells Fargo Bank: Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:0.8532 (4.05% from mid-rate)
To Amount (EUR)836.14
Total Cost:5.97%
Difference:
€46 EUR less than using OFX
Time:20:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare Wells Fargo Bank Rates
Bank of America
 
loading
Bank of America: Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:0.8488 (4.54% from mid-rate)
To Amount (EUR)836.07
Total Cost:5.98%
Difference:
€46 EUR less than using OFX
Time:20:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare Bank of America Rates
Banks - Average Rate
 
loading
Foreign Transfer USD→EUR
From Amount (USD)U$1,000
Fee:15
Exchange Rate:0.8471 (4.73% from mid-rate)
To Amount (EUR)843.01
Total Cost:5.19%
Difference:
€39 EUR less than using OFX
Transfer Speed:
Services:


 
loading
Snapshot 07/05/2020 - View live rates

Get a better deal for foreign transfers to Slovenia

When sending money to Slovenia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Euro amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted EUR amount will be transfered to the recipient account you specify in Slovenia.

Use the above Send to Euro calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Euro deposited into the recipient bank account and less margins and fees kept by the banks!


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