Estonia - Euro - Currency Guide

This is a currency guide to Estonia, the Euro currency plus sending (EUR) transfers and travel tips for Estonia.

 
 
CountryEstonia
FlagEstonia
Country CodeEE
Domestic Currency Euro
Currency Symbol
Currency CodeEUR
Exchange RateUSD/EUR = 0.9259
Telephone Prefix+372

Quick Conversions from US Dollar to Euro

USD

EUR

U$ 1
€ 0.9259
U$ 5
€ 4.6295
U$ 10
€ 9.2590
U$ 20
€ 18.52
U$ 50
€ 46.30
U$ 100
€ 92.59
U$ 250
€ 231.48
U$ 500
€ 462.95
U$ 1,000
€ 925.90
U$ 2,000
€ 1,852
U$ 5,000
€ 4,630
U$ 10,000
€ 9,259
U$ 50,000
€ 46,295
U$ 100,000
€ 92,590
More amounts

USD

EUR

U$ 1.0801
€ 1
U$ 5.4005
€ 5
U$ 10.80
€ 10
U$ 21.60
€ 20
U$ 54.01
€ 50
U$ 108.01
€ 100
U$ 270.03
€ 250
U$ 540.05
€ 500
U$ 1,080
€ 1,000
U$ 2,160
€ 2,000
U$ 5,401
€ 5,000
U$ 10,801
€ 10,000
U$ 54,005
€ 50,000
U$ 108,010
€ 100,000
More amounts

To calculate specific USD/EUR amounts use our Convert USD to EUR quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view USD to EUR Rate Guide.

Estonia Currency Info

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.


Frequently Asked Questions


What currency should I use in Estonia?

The domestic currency in Estonia is the Euro.

What is the Euro currency code and symbol?

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

How much is U$100 US Dollars in Euro?

U$ 100 converts to € 92.59

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?


Euro (EUR) in the markets

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.

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar.

For more details read the full article Euro Forecasts.

The interactive chart below shows the USD to EUR exchange rate and trend for the previous 3 months:

ALERT:7-DAY3.1% 🔔|
USD/EUR at 0.9264 was trading 2.1% above AVG:0.9071 with LO:0.8739 and HI:0.9381 (90 days). ALERT: USD/EUR is UP 3.1% this 7-DAY period.
06-APR 9PM-NY 07-APR 2AM-LON 9AM-HK 11AM-SYD
Booking.com

Travel, Currency and Money saving tips for Estonia

Travelling to the coastal country of Estonia in North Eastern Europe is simple and quick as its well connected by air, ferry, coach and rail with Scandinavia, Russia, Eastern and Central Europe. it's also a member of the Schengen area which means you do not need an additional visa if you are travelling from a fellow Schengen member country. In addition, Australians, Canadians, Americans, EU and and EEA nationals amongst more countries do not require visas. The official language is Estonian, with English also being widely spoken. There is free wifi everywhere in this tech savvy country including on buses and trains so staying connected and arranging your travel itinerary should be a breeze. Since joining the eurozone in 2004, the local currency has been the Euro and ATMs and credit cards are widely available and accepted. There are many little known cool facts about Estonia which make it a wonderful place to visit such as: Estonia's capital, Tallinn, is a UNESCO world heritage capital city and considered to be the best preserved medieval city in Northern Europe; 50% of Estonia is forest inhabited by lynxes, brown bears, wolves, foxes, rabbits and deer; it's also one of the least densely populated countries in Europe, making it a great option for a city break destination if you're looking for some good quality solitude, rest and relaxation.

 

Travel money for Estonia

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.

 
Travel Money Provider Amount EUR(€) Exchange RateFee USDDeal Links
Travelex Online US logo
841.60
9.13%
Best Overall
0.84160^
U.S. Bank Foreign Currency
U.S. Bank logo
816.40
11.85%
€25 less
0.81640
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
808.24
12.74%
€33 less
0.8164U$10
Wells Fargo Bank logo
800.07
13.62%
€42 less
0.8164U$20
 
Travelex Online US logo
Travelex Online US: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.8416 (9.13% from mid-rate)
To Amount (EUR)841.60
Total Cost:9.13%
Time:
Rate Fetched: Mon Apr 06 2020 18:00:06 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:0
Exchange Rate:0.8164 (11.85% from mid-rate)
To Amount (EUR)816.40
Total Cost:11.85%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:0.8104 (12.5% from mid-rate)
To Amount (EUR)808.24
Total Cost:12.74%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→EUR
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:0.8164 (11.85% from mid-rate)
To Amount (EUR)800.07
Total Cost:13.62%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 04/06/2020 - View latest rates

Estonia Trip Checklist    

 
  1. Compare EUR travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Estonia
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Estonia

When searching around for information on how to get a good exchange rate when sending money to Estonia you need to start with finding out the latest Euro foreign-transfer exchange 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 here).


Get a better deal for foreign transfers to Estonia

When sending money to Estonia 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 Estonia.

Use our 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!

  

USD to EUR International Money Transfers

  

Foreign Transfer Provider Receive EUR(€) Exchange RateFee USDDeal Links
OFX logo
9,188
0.8%
Best Overall
0.91880^
XE logo
9,146
1.25%
€42 less
0.91460
Wells Fargo Bank logo
8,913.93
3.76%
€274 less
0.89318
HSBC logo
8,907.62
3.83%
€280 less
0.8921U$15
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
8,853
4.42%
€335 less
0.890515
Bank of America International Money Transfers
Bank of America logo
8,795.16
5.04%
€393 less
0.8884U$100
U.S. Bank International Money Transfers
U.S. Bank logo
8,795.16
5.04%
€393 less
0.8884U$100
 
OFX logo
OFX: Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:0.9188 (0.8% from mid-rate)
To Amount (EUR)9,188
Total Cost:0.8%
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:
Exchange Rate:0.9146 (1.25% from mid-rate)
To Amount (EUR)9,146
Total Cost:1.25%
Difference:
€42 EUR less than using OFX
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:18
Exchange Rate:0.8930 (3.58% from mid-rate)
To Amount (EUR)8,913.93
Total Cost:3.76%
Difference:
€274 EUR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:0.8921 (3.68% from mid-rate)
To Amount (EUR)8,907.62
Total Cost:3.83%
Difference:
€280 EUR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:15
Exchange Rate:0.8866 (4.28% from mid-rate)
To Amount (EUR)8,853
Total Cost:4.42%
Difference:
€335 EUR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:0.8884 (4.08% from mid-rate)
To Amount (EUR)8,795.16
Total Cost:5.04%
Difference:
€393 EUR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→EUR
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:0.8884 (4.08% from mid-rate)
To Amount (EUR)8,795.16
Total Cost:5.04%
Difference:
€393 EUR less than using OFX
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/06/2020 - View latest rates

Euro to US Dollar - Historical Rates

PeriodChange*EUR/USDDate
1 Day-0.1%1.080605 Apr 2020
7 Day-2.1%1.102930 Mar 2020
30 Day-4.4%1.128707 Mar 2020
3 Month-3.2%1.115407 Jan 2020
1 Year-3.8%1.121807 Apr 2019
5 Year+0.1%1.078408 Apr 2015
10 Year-19.9%1.346709 Apr 2010

*For period to 06-Apr 21UTC when EUR/USD was 1.0793

Euro to Pound Sterling - 10 Year History

PeriodChange*EUR/GBPDate
1 Day-0.2%0.884505 Apr 2020
7 Day-1%0.891630 Mar 2020
30 Day+2%0.864907 Mar 2020
3 Month+3.8%0.850407 Jan 2020
1 Year+2.6%0.860407 Apr 2019
5 Year+21.7%0.725008 Apr 2015
10 Year+0.7%0.876709 Apr 2010

*For period to 06-Apr 21UTC when EUR/GBP was 0.8824

Euro to Australian Dollar - Historical Rates

PeriodChange*EUR/AUDDate
1 Day-1.7%1.803305 Apr 2020
7 Day-0.9%1.788930 Mar 2020
30 Day+4.4%1.698007 Mar 2020
3 Month+9%1.626107 Jan 2020
1 Year+12.2%1.580007 Apr 2019
5 Year+26.4%1.402608 Apr 2015
10 Year+22.7%1.445009 Apr 2010

*For period to 06-Apr 21UTC when EUR/AUD was 1.7724


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