BestExchangeRates Spain Compare & Save on Foreign Exchange
How Best Exchange Rates Saves you Money on FX
For over a decade Best Exchange Rates has been a trusted voice in foreign exchange in Spain and globally.
BER compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track EUR rates – transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
Popular EUR Exchange Rates
Follow exchange rates via your personal BER My Rates Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Save on International Money Transfers
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Where do you want to Send Money?
We compare exchange rates from major financial institutions in Spain.
Save with our partners who are among the best & most trusted brands in Spain.
Get Better Currency Exchange Rates
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
What Currency do you want to Buy?
Euro market update
The euro (EUR) experienced a mixed session on Monday, reflecting the prevailing risk-on mood that has dampened its momentum, countered by reassurances from European Central Bank (ECB) officials who are in no rush to ease monetary policy. Currently, the EUR/USD is trading at 14-day highs around 1.1133, showcasing an impressive 1.8% increase above its three-month average of 1.0933. This follows a strong upward trajectory from lows near 1.07 in early February, driven by anticipation surrounding the March US jobs data. As investors await the latest ZEW economic sentiment index from Germany, economists predict continued declines in sentiment, which could further pressure the euro.
Despite the overall optimism in certain economic indicators, the outlook remains cautious, especially for Germany’s economy, which faces potential recessionary conditions into 2024. Market analysts also note the steady performance of the Eurozone services sector, with the Flash Services PMI hinting at the first expansion in this segment since last July. However, challenges persist with inflation trends; while the March CPI drifted down to 2.6%, it did not meet expectations, suggesting the ECB may consider rate cuts around its June meeting rather than earlier. Additionally, the EUR to GBP is currently at 14-day lows near 0.8421, reflecting a stable trading pattern, while the EUR to JPY remains significantly below its three-month average, primarily influenced by volatile oil prices, which have dipped to 9.3% below average levels. The interplay between these economic factors and currency valuations will be critical as the market navigates forward.
BestExchangeRates.com keeps you up-to-date on Euro forecasts by collating the views of reliable FX forecasters and economists together with recent EUR price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.