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Best Exchange Rates

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Foreign Transfers

Use our comparison table to find the best exchange rates for foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$USD
€EUR

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Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

USD-EUR Foreign Transfers - Compare

Foreign Transfer Providers
Ratings & Reviews
Receive EUR(€)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
8,716 EUR
Best Overall
0.87160^0.57%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
8,677.52 EUR
38 EUR
0.8722$511.01%Bank Transfers - Online1-2 days
Wells Fargo Bank logo
8,535.61 EUR
180 EUR
0.8551182.63%Online, Branch, Bank Transfers2-3 days
HSBC logo
8,529.19 EUR
187 EUR
0.8542$152.7%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
8,477 EUR
239 EUR
0.8527153.29%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
8,421.93 EUR
294 EUR
0.8507$1003.93%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
8,421.93 EUR
294 EUR
0.8507$1003.93%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.8716 (0.57% from mid-rate)
EUR amount:8,716 EUR
Total Cost:0.57%
Time:
Rate Fetched: Wed Mar 20 2019 16:02:21 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:0.8722 (0.5% from mid-rate)
EUR amount:8,677.52 EUR
Total Cost:1.01%
Difference:
38 EUR less than using OFX
Time:18:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:18
Exchange Rate:0.8551 (2.45% from mid-rate)
EUR amount:8,535.61 EUR
Total Cost:2.63%
Difference:
180 EUR less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:0.8542 (2.56% from mid-rate)
EUR amount:8,529.19 EUR
Total Cost:2.7%
Difference:
187 EUR less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:15
Exchange Rate:0.8489 (3.16% from mid-rate)
EUR amount:8,477 EUR
Total Cost:3.29%
Difference:
239 EUR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:0.8507 (2.95% from mid-rate)
EUR amount:8,421.93 EUR
Total Cost:3.93%
Difference:
294 EUR less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→EUR
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:0.8507 (2.95% from mid-rate)
EUR amount:8,421.93 EUR
Total Cost:3.93%
Difference:
294 EUR less than using OFX
Time:18:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

1 USD = 0.8751 EUR

This is the current USD-EUR mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-EUR exchange rate.

3 Month Chart
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Currency news and forecasts for United States Dollar and Euro

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs EUR, you should pay attention to both United States Dollar and Euro news and forecasts.

United States Dollar (USD) - Market news and forecasts

The US dollar had been falling steadily in the lead-up to the March-20 Fed meeting, and those that were selling the currency amid speculation of a dovish surprise were entirely vindicated after the central bank ditched its December projection for two 2019 interest rate hikes and said it now sees rates unchanged until 2020.

The extent of the Fed’s dovish turn meant that the dollar suffered a rapid and significant correction. The euro leapt on the new projections to a 6-week high against the dollar of $1.145 and other major and emerging market currencies followed suit.

The Fed’s reassessment of future monetary policy reflects concerns over domestic and global economic growth, as well as inflation and risks originating overseas, likely including Brexit.

Earlier this year, ING said the dollar would soon “embark on a gradual long-term bearish trend.”

CIBC said: “A slowdown in the economy is likely to weigh on USD particularly in the second half of this year.”

Euro (EUR) - Market news and forecasts

Between November and February, the euro was remarkably stable relative to the US dollar, against which it traded for the most part between $1.125 and $1.155. In the days leading up to this report, in March, the euro broke downwards to a 21-month low of $1.118.

Further to Brexit uncertainty, euro weakness followed March’s meeting of the ECB, at which the central bank said it will not raise interest rates until 2020 at the earliest as part of an effort to lift the eurozone economy out of this “period of continued weakness.”

ING analysts wrote in March that they expect the low-yielding euro to continue to depreciate against the dollar over the coming months. Danske Bank predicted a euro dip towards $1.1 before a rally over 3-6 months back into a $1.12-1.16 range.