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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.
BestExchangeRates.com keeps you up-to-date on Euro forecasts by collating the views of reliable FX forecasters and economists together with recent 90-day EUR price data. 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.
According to recent exchange rate analyst forecasts and market updates, there is a range of opinions on the future direction of the EUR currency. JP Morgan analysts predict that the EUR/USD pair will reach a level of 1.10, while ING analysts suggest a rise towards the 1.15 area. On the other hand, Danske Bank forecasts a downward trend for the EUR/USD pair, with a projection of going below parity in the next 12 months.
Looking ahead to 2024, there is a cautiously optimistic outlook for the Euro against the US Dollar. ING forecasts a bullish trend, expecting the EUR/USD pair to potentially move from 1.07 at the end of 2023 to 1.15 by the end of 2024. This forecast is based on the anticipation of a potential US economic slowdown, which could lead to the Federal Reserve easing monetary policy. However, the trajectory of the EUR/USD rally could be impacted by the timing and extent of rate cuts by the European Central Bank.
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.
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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.
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Check out our Money Saving Guides, Provider & Bank Reviews, Forecasts, FX-News and Content-Hub for more.
Looking for a way to make your next trip more affordable? Check out our Country Guides to the best deals for your international foreign transfers and travel money. These articles will give you travel tips and offer advice for your next trip abroad.
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BER is operated by Best Exchange Rates Pty Ltd, a company incorporated under the laws of Australia with company number ABN 68082714841.BER is a comparison website only and not a currency trading platform. BestExchangeRates.com uses cookies. Disclaimer & Terms of Service Privacy